Airdrops have become a popular way for blockchain projects to distribute tokens to the community, fostering engagement and spreading awareness. Among these projects, zkSync has caught the attention of crypto enthusiasts with its innovative Layer-2 scaling solution for Ethereum. In this blog post, we will explore what a zkSync airdrop is, how it works, and most importantly, how you can qualify for this exciting opportunity to receive rewards.
(Before Reading: What is zkSync? Get to Know Everything You Need in 5 minutes!)
Understanding zkSync Airdrop
A zkSync airdrop is a strategic marketing initiative taken by the zkSync team to reward users with potentially zkSync’s own tokens. These tokens are typically distributed to a specific target audience, such as existing zkSync users who has interacted with zkSync, community members, or participants in certain events or activities.
Is zkSync Airdrop Confirmed?
It’s important to know that this airdrop isn’t certain yet, and there’s a chance it might not happen.
According to an interview with Matter Labs CEO Alex Gluchowski by The Block in March 2023, he stated that they don’t have anything better than a token to decentralize the sequencer, and it is estimated to take one year for zkSync to reach this stage.
Therefore, we can expect to receive zkSync airdrop rewards around March next year!
Stay Up-To-Date For zkSync Airdrop
Introducing a handy tool named “DeFiLlama” that tracks all the ongoing activities of projects and tokens. By keeping an eye on the “Airdrops” category, users can stay informed about the status of the zkSync airdrop.
What makes zkSync special?
Before diving into the details of the airdrop qualification, it’s essential to grasp why zkSync has gained significant attention in the blockchain community.
zkSync, developed by Matter Labs, is a Layer-2 scaling solution that aims to address the scalability issues of the Ethereum network. By leveraging zero-knowledge proofs, zkSync significantly increases transaction throughput while reducing costs and energy consumption.
This makes it an attractive choice for users looking for fast, affordable, and environmentally friendly transactions.
How to Receive zkSync Airdrop?
Since there’s no specific ways or methods to trigger airdrops, so does the zkSync airdrops.
As a result, users often draw insights from previous encounters with arbitrum airdrops to formulate potential strategies. We’ve compiled five approaches that users can consider to enhance their chances of qualifying for the zkSync airdrop.
- Active zkSync Users: Existing users of zkSync who have been actively utilizing the platform for transactions or other activities may be rewarded with tokens in recognition of their ongoing support.
- Community Engagement: Engaging with the zkSync community through social media, forums, and other platforms can enhance your chances of qualifying for the airdrop. Liking, sharing, commenting on official zkSync posts, and contributing positively to discussions can make you stand out.
- Referral Programs: zkSync might introduce referral programs, encouraging users to invite others to join the ecosystem. By referring new users who fulfill certain requirements, you may earn additional rewards.
- Holding Certain Tokens: Depending on the airdrop rules, holding specific tokens may be a criterion for eligibility. This could include zkSync’s native token or other relevant tokens associated with the project.
- Participating in Events: zkSync might organize events or contests where users can participate and showcase their knowledge, creativity, or skills related to zkSync. Active participation can be a key factor in qualifying for the airdrop.
Possible zkSync Airdrop Sharing
Engaging in these activities not only enhances your involvement in the zkSync ecosystem but also positions you to potentially qualify for the zkSync airdrop. Remember that specific details or requirements for the airdrop may vary, so it’s still recommended to stay updated with official announcements from zkSync to maximize your chances.
- Setup a MetaMask wallet and fund it with some ETH
Fund your wallet with some Ethereum (ETH), the native cryptocurrency of the Ethereum network. This ETH will be essential for participating in various activities to potentially qualify for the zkSync airdrop.
- Bridge ETH mainnet funds using the zkSync bridge
Utilize the zkSync bridge to transfer your ETH from the Ethereum mainnet to the zkSync network. This bridge allows for faster and more cost-effective transactions. By bridging your funds, you become an active participant in the zkSync ecosystem, positioning yourself for potential airdrop eligibility.
- Bridge assets to zkSync via XY Finance
XY Finance offers a bridge that enables users to move their assets from the Ethereum mainnet to zkSync. This step is crucial to ensure your funds are accessible on the Layer-2 network, potentially meeting the requirements for the zkSync airdrop.
- Provide liquidity in XY Finance yBridge
XY Finance is bridge aggregator with its own omnichain bridge pool, users can provide USDC or ETH to XY Finance’s bridge pool and earn a share of 60% bridge fee automatically.
- Get Star.Co zkns Name Service
Acquiring the Star.Co zkns could play a role in enhancing your zkSync airdrop eligibility. This name service might involve registering a unique identifier on the zkSync network, adding another layer to your participation in the ecosystem.
- Provide liquidity on Velocore
By providing liquidity to various tokens on Velocore, you contribute to the ecosystem’s liquidity pool. Increased liquidity can positively impact your standing within the zkSync network and, consequently, your chances of qualifying for the airdrop.
- Swap and Place a trade on Holdstation
Holdstation is a Smart Wallet For Futures Trading. Users can execute futures trades on both Holdstation Wallet (Mobile App) or Holdstation DeFutures (Website) and enjoying a seamless one-click trading experience with Holdstation’s full-suite Account Abstraction implementations, including Paymaster (Sponsor gas & pay gas fees in any tokens) , Batch Transaction, and more, ensure a streamlined process.
- Deposit in VivaLeva Lending Pool
Participating in the VivaLeva lending pool involves depositing your assets, which are then lent to borrowers in exchange for interest. This engagement could signal your active involvement within the zkSync ecosystem, potentially making you eligible for the airdrop.
- Swap tokens on Orbiter Finance
Swapping tokens can signify your active participation within the zkSync network, and these interactions might contribute to your eligibility for the zkSync airdrop.
Beware of Sybil Prevention on zkSync
As the zkSync airdrop gains popularity in the cross-chain community, more sybil addresses are cropping up. Sybil addresses refer to wallets funded from a common source, exhibiting comparable on-chain activities, with the intent to acquire token airdrops.To prevent people from grabbing too many tokens, the project team usually sets up a defense mechanism against these tactics.
If the zkSync system identifies sybil addresses, the accounts might get flagged and could be prevented from being eligible to the airdrop.
Users are able to utilize the “Sybil Checker” tool to monitor if your account is labeled as a Sybil identity, enabling you to confidently navigate the zkSync airdrop journey!
Watch Out for the zkSync Airdrop Scams!
As the zkSync airdrop attracts widespread attention and excitement, it’s essential for users to remain vigilant and cautious to protect themselves from potential scams. While the allure of free tokens may be enticing, malicious actors often exploit such situations to prey on unsuspecting individuals. As a cross-chain aggregator, we prioritize the security of our users and wish to remind everyone to stay safe by following these three essential steps:
- Verify Official Sources
Scammers may attempt to create fake websites or social media accounts that resemble official zkSync channels to trick users into revealing their private keys or sensitive information. Always double-check the URLs, official social media handles, and website authenticity. For trusted information regarding the zkSync airdrop, refer only to the official zkSync website, reputable social media pages, and official announcements from zkSync’s verified accounts.
- Never Share Private Keys or Personal Information
Legitimate airdrops will never ask for your private keys or personal information. Never share sensitive data, passwords, or seed phrases with anyone, even if they claim to be part of the zkSync team or support staff. Be cautious of unsolicited messages, emails, or direct messages requesting your private keys, as these are common tactics used by scammers.
- Avoid “Too Good to Be True” Offers
Exercise skepticism when encountering airdrop offers that seem too generous or too good to be true. Scammers may promise exorbitant rewards in exchange for a small initial payment or request payment to participate in the airdrop. Legitimate airdrops do not require any payments to qualify. If it sounds suspicious, it’s likely a scam.
You May Want to Know About zkSync Airdrop…
Q1. What are the eligibility requirements to qualify for the airdrop?
The eligibility requirements for the airdrop are currently uncertain, as there is no specific method to trigger it. Airdrops are organized strategically, and criteria can vary. While users often speculate based on past experiences, it’s recommended to stay updated with official zkSync announcements for any potential updates on eligibility requirements.
Q2. Will I receive notification if I qualify for the airdrop, and how will I be informed about the rewards?
The method of notification for receiving the zkSync airdrop may vary based on the project’s communication strategy. Generally, notifications could be sent through official channels such as email, social media announcements, or updates on the zkSync website. It’s crucial to stay vigilant and monitor these official sources for any communication regarding your eligibility and airdrop rewards.
Q3. What are the potential use cases or benefits of holding zkSync tokens received through the airdrop?
Benefits include participation in zkSync’s Layer-2 ecosystem, which enables faster and more cost-effective transactions on the Ethereum network. Additionally, holding zkSync tokens may grant access to various decentralized applications (dApps), services, and opportunities within the zkSync network, fostering engagement and potential rewards.
Q4. How to check if my wallet is labeled as Sybil on zkSync?
Sybil addresses are wallets funded by one source, showing similar actions on the blockchain, all to receive token airdrops. To check the status effectively, you can use the “Sybil Checker” tool to verify if your zkSync account is labeled as a Sybil.
Q5. How to increase my chance of getting an airdrop?
Here’s a list of tasks you can do to increase your chances to become eligible:
1. Setup a MetaMask wallet and fund it with some ETH
2. Bridge ETH mainnet funds using the zkSync bridge
3. Bridge assets to zkSync via XY Finance
4. Provide liquidity in XY Finance yBridge
5. Get Star.Co zkns Name Service
6. Provide liquidity on Velocore
7. Swap and Place a trade on Holdstation
8. Deposit in VivaLeva Lending Pool
9. Swap tokens on Orbiter Finance
All the guides you need to increase wallet interaction on zkSync:
- How to Bridge Assets Across 20+ Blockchains via XY Finance
- ETH Pool Now LIVE, Provide Liquidity to Earn More!
- Guide for Registering zkSync Name Service
- How to Use Velocore on zkSync
- How to Lend & Stake on VivaLeva
About XY Finance
XY Finance is a cross-chain interoperability protocol aggregating DEXs & Bridges. With the ultimate routing across multi-chains, borderless and seamless swapping is just one click away.