After the Arbitrum (ARB) airdrop made a big splash, crypto users are exploring other altcoin projects that can airdrop.
According to cryptocurrency analyst Miles Deutscher, one of them could be LayerZero's ZRO token. As it is known, LayerZero recently received an investment of 120 million dollars.
Miles Deutscher Predicts ZRO Altcoin Airdrop
Analyst Miles Deutscher said there is a reference to the "$ZRO token" in the protocol's code, which he argued indicates that a token launch may be on the horizon.
While no official announcement has been made regarding the token launch from LayerZero, Deutscher has provided a guide for users to increase their chances of receiving airdrops. He cautions, however, that following these steps does not guarantee an airdrop, as the exact requirements are not yet known. In addition, the analyst states that users should not risk funds that they cannot afford to lose.
StargateFinance: http://stargate.finance/stake
Deutscher prefers that users start using StargateFinance, which is still the main dApp on LayerZero. Using Stargate Bridge, users can bridge assets and vote on proposals to gain voting rights.
LayerZero also has four official hyperlinks that Deutscher recommends using as much as possible.
According to the analyst, users can interact with top dApps on LayerZero to increase their chances of receiving airdrops. Deutscher added to provide liquidity on RDNTCapital or cross-chain swap on SushiSwap.
Deutscher believes bridge volume will be a factor in the airdrop, so users should focus on non-testnet bridges because bridging "real" assets will likely be preferable.
Aptos Bridge: http://theaptosbridge.com/bridge
Aptos Bridge allows users to bridge tokens from any EVM compatible network to the Aptos network. This bridge uses LayerZero technology and is an ideal option for those who want to bridge assets to LayerZero.
Bitcoin Bridge: http://bitcoinbridge.network/bridge
Bitcoin Bridge allows users to transfer BTC.B (bridged Bitcoin) between EVM compatible chains and to the Aptos network. To use this bridge, users will need some BTC.B which they can buy on Avalanche via @traderjoe_xyz and then bridge to their desired destination.
Goerli Testnet Bridge: http://usdcdemo.layerzero.network/bridge
The Goerli Testnet Bridge allows users to transfer assets from Ethereum's Goerli Testnet to Avalanche's Fuji Testnet and back again. This bridge is useful for testing purposes and allows users to get testnet funds for trading by clicking on faucets and claiming tokens to their wallets.
Testnet Bridge: http://testnetbridge.com
Testnet Bridge allows users to import assets to and from Goerli Testnet. This is another ideal option for testing purposes.
It is important to note that users should be careful when using these bridges and only bridge funds they can afford to lose. Also, we don't know the exact requirements for the LayerZero airdrop, so following any airdrop guides, including the one provided by analyst Miles Deutscher, will not guarantee an airdrop.
If you missed the $ARB, $APT or $OP airdrops – then LayerZero is your next big opportunity.
They just raised $120m at a massive $3b valuation.
🧵: Here's your ULTIMATE $ZRO airdrop guide.
(Drop a like & retweet if you find it helpful).
Let's dive in.👇
— Miles Deutscher (@milesdeutscher) April 5, 2023
*Not investment advice.
