Introduction to the Airdrop
Do you want to get free tokens from a promising layer-2 scaling solution on Ethereum? If yes, then you should pay attention to zkSync and its potential airdrop. zkSync is a network that uses zero-knowledge proofs to speed up transactions and lower gas fees on Ethereum. It also has a huge ecosystem of dapps built on it, but no token yet. So, getting ready for a possible zkSync airdrop could entitle you to both a zkSync ($ZKS) and an ecosystem project airdrop. In this guide, we’ll show you how to get a potential zkSync ($ZKS) token and ecosystem airdrop and double your rewards.
- zkSync is a layer-2 scaling solution for Ethereum that uses zero-knowledge proofs to speed up transactions and lower gas fees. It has a huge ecosystem of dapps but no token yet. Users can interact with zkSync Lite or add zkSync Era mainnet on MetaMask to get potential zkSync ($ZKS) and ecosystem airdrops.
- To get ready for a potential zkSync ($ZKS) token and ecosystem airdrop, users can use zkSync Lite, a layer-2 scaling solution that maintains high security and privacy on Ethereum. Users can also add zkSync Era mainnet on MetaMask, which is Ethereum’s first zkEVM.
About the Project
zkSync is a layer-2 scaling solution that aims to bring all the features of Ethereum to its network while also providing more cost-effective and faster transactions. It does this by using zero-knowledge proofs, which are cryptographic techniques that verify transactions without revealing the information itself. This way, zkSync maintains privacy and security for its users. zkSync also supports smart contracts, which enable activities such as using DeFi or purchasing NFTs, which are common on Ethereum.
Who is Behind the Project
zkSync is developed by Matter Labs, a company co-founded in 2019 by Alex Gluchowski and Alexandr Vlasov. Matter Labs has raised over $58 million from investors such as Andreessen Horowitz (a16z), Dragonfly Capital, Placeholder, 1kx, and more. The team consists of experts in cryptography, engineering, and design.
Why is the Project Giving an Airdrop
There is no official announcement for a zkSync $ZKS token airdrop yet. However, an airdrop is very likely given the success of other layer-2 solutions such as Arbitrum that have rewarded their early users with tokens. An airdrop is a way for a project to distribute its tokens to its community and incentivize them to use its network. It also helps to increase awareness and adoption of the project.
Step by Step Guide to Get the Airdrop
The best chance to receive $ZKS airdrop is to interact with both zkSync Lite and zkSync Era Mainnet Alpha. zkSync Lite is the original version of zkSync that lacks smart contract support but provides significant scaling for Ethereum. zkSync Era Mainnet Alpha is the upgraded version of zkSync that delivers all the features of Ethereum while also providing more cost-effective and faster transactions. Here are the steps to follow to get a potential zkSync token airdrop:
- Add zkSync Era Alpha Mainnet on MetaMask by following these instructions.
- Bridge funds from Ethereum Mainnet to zkSync Era Mainnet at bridge.zksync.io by connecting your wallet and selecting the amount you wish to deposit.
- Swap back some funds from zkSync Era Mainnet to Ethereum Mainnet by clicking the arrows, choosing the amount you wish to withdraw, and confirming the transaction.
- Bridge funds to zkSync Lite at https://lite.zksync.io/ by connecting your wallet and topping up your balance using the zkSync bridge.
- Move some funds back from zkSync Lite to Ethereum Mainnet by withdrawing them from your balance.
- Interact with some of the dapps in the zkSync ecosystem such as Orbiter Finance, ZigZag Exchange, Argent Wallet, Onchain Trade, SyncSwap, SpaceFi, Gitcoin, etc. You can find more details about these dapps in this article.
Bonus – How to Get More from the Airdrop
Many projects in the zkSync ecosystem also do not have a token yet. So interacting with their dapps may entitle you to potential airdrops from both zkSync and the ecosystem project. This way, you can double your rewards and get exposure to more promising projects on layer-2. Some of these projects are:
- Orbiter Finance: A decentralized cross-rollup layer-2 bridge that supports zkSync as well as Arbitrum.
- ZigZag Exchange: An orderbook decentralized exchange (DEX) powered by ZK-rollups.
- Argent Wallet: The only crypto wallet that offers multi-signature security and social recovery.
- Onchain Trade: A money market and perps DEX offering up to 50x leverage.
- SyncSwap: A DEX built on zkSync that has recently launched on zkSync Era
Airdrop Review
To review the potential zkSync airdrop, we need to consider several factors such as the likelihood of the airdrop, the token allocation, the difficulty of participation, the token utility, and the token lockup. Here is a brief summary of these factors:
- Likelihood of Airdrop: There is no official announcement for a zkSync $ZKS token airdrop yet. However, an airdrop is very likely given the success of other layer-2 solutions such as Arbitrum that have rewarded their early users with tokens.
- Airdropped Token Allocation: The tokenomics of their $ZKS token are unknown.
- Airdrop Difficulty: The project has not yet released details about any airdrops. However, interacting with both zkSync Lite and zkSync Era Mainnet Alpha may give you a chance to get airdrops.
- Token Utility: The $ZKS token utility is unknown.
- Token Lockup: The $ZKS token lockup period is unknown.
To participate in the potential zkSync airdrop, you need to follow the steps outlined in this guide and interact with both zkSync Lite and zkSync Era Mainnet Alpha. You can also increase your chances of getting more rewards by interacting with some of the dapps in the zkSync ecosystem. However, be aware of scammers who may try to trick you into giving up your private information or funds. Always check the official sources and channels before participating in any airdrop.
References
- https://zksync.io/ – This is the official website of zkSync, where you can find information about the project, its features, its roadmap, its ecosystem, and its documentation.
- https://coinmarketcap.com/alexandria/article/what-is-zksync-the-ultimate-guide-to-the-zksync-ecosystem – This is a comprehensive guide to zkSync by CoinMarketCap, where you can learn about what zkSync is, how it compares to other layer-2 solutions, who is behind it, what is its token and potential airdrop, how to use it, and what are some of the best dapps on it.
- https://ecosystem.zksync.io/ – This is a website that showcases the zkSync ecosystem, where you can explore the different dapps that are built on zkSync across various categories such as DeFi, NFTs, gaming, social media, etc.