Airdrop farmers made millions from farming the #ARB and #OP airdrops. With $ZRO airdrop confirmed, Airdrop farmers have a formula to maximize their profits.
We've seen airdrop hunters who made millions of dollars by farming the $ARB airdrop.
This thread will go over potential guidelines and protocols you can leverage to farm the $ZRO airdrop.
First of all, we know the $ZRO has been confirmed as it can be found within the Layer Zero Labs Endpoint.
Just in April, Layer Zero raised $120M at $3B Valuation.
With Layer Zero activity scaling rapidly, we can assume the airdrop will be announced soon.
The number of users leveraging $ZRO technology has been consistently growing over the last 3 months.
As such there are now 1,974,418 distinct addresses over the last year.
To help us farm the $ZRO airdrop, we can use the $ARB airdrop list of qualifications as a potential guide.
Here are three common themes to focus on:
- The number of transactions.
- The total spent on transactions.
- The number of DApps a user has interacted with.
We know airdrop farmers are already farming
LayerZero Labs, looking at the current activity.
As you can see most user activity is as follows:
- 65%: 1 Tx
- 21%: 2-20 Txs
-8.5% 21-30 T×S
- 3.8% 31-50 Txs
- 1.1% 51-99 Txs
-0.02% >100 Txs
So how do we leverage this data?
LayerZero Labs is currently compatible with
Arbitrum, Avalanche-C, BNB, Ethereum, Fantom, Optimism, Polygon and Gnosis.
This means to increase your odds of meeting the criteria, you will need to interact with cross chain dapps.
Here's 5 projects that meet all the criteria.
Stargate Finance #STG
Stargate handles the largest volumes in crypto today, with $2.79 billion in the last month alone.
It also happens to be the gateway into Layer Zero as it operates across Ethereum, Arbitrum, BSC, Avalanche, Polygon, Optimism, and Fantom.
Since the announcement of the $ARB airdrop, transfer volume has significantly increased over the last 3 months.
Stargate Finance has seen volume increase by +620% in the last 90 days, indicating the heavy reliance $ZRO has on the Stargate bridge.
Pendle Finance $PENDLE
Pendle allows users to tokenize and trade their yield on yield-bearing assets like #ETH , creating a dynamic market where you can:
Long assets at a discount
Achieve fixed yield for low-risk, stable growth
Long yield
Growth has been insane.📈
Pendle Finance relies heavily on the
@LayerZero_Labs bridge as liquidity is distributed across:
- Ethereum
- Arbitrum
- Avalanche
Not only can you earn yield but you can also meet many of the $ZRO requirements.
Trader Joe $JOE
The largest DEX on Avalanche enabled LayerZero Labs tech expanding their liquidity across various ecosystems.
This expansion can be seen in their liquidity as users can now operate across Avalanche, Arbitrum, and #Binance Smart Chain.
Radiant Capital $RDNT
Radiant aims to be a one-stop-shop money market, enabling users to deposit and borrow across multiple chains seamlessly.
They're the first native crosschain lending and borrowing protocol with $356.7M in active loans.
-Arbitrum = $220.0M
- BSC = 136.7M
Altitude $ALTD
Altitude is building the first blue chip bridge using omnichain technology to transter assets across chains without sacrificing security.
They recently launched their incentivized testnet, where you can bridge assets across networks and earn rewards.
Tapioca DAO $TAP
Tapioca is launching the first-ever omnichain money market and stablecoin that works seamlessly on 17 different chains.
LayerZero's messaging network allows for users to mint, borrow, and lend $USDO across any supported chain with ease.
Ideally, the best way to approach the $ZRO airdrop is to be organic in how you utilize applications.
As you can see, 24% of users are performing only one transaction.
Utilizing the protocols I listed should be sufficient to get you into the top 12% of users.