Crypto airdrops are one of the most inexpensive ways to build capital in the industry. If you do your research properly, you have the potential to build up a four or five-figure portfolio simply by using the right apps before a retrodrop is launched.
In this video guide, we’ll be focusing on the potential LayerZero airdrop. LayerZero is one of the most exciting new projects in crypto. It aims to allow for seamless multichain interoperability via a novel cross-chain messaging protocol. If successful, LayerZero could completely revolutionize how capital flows across and between different blockchains, unlocking a new world of scalability.
On our YouTube channel we are constantly publishing new videos about potential crypto airdrops, and the LayerZero retrodrop is one of the most popular topics our viewers request info on. Below you can view our latest videos + read a summary of the tasks included in each video.
Have suggestions or tips for us regarding airdrops? Don’t hesitate to reach out on Twitter or Telegram!
This YouTube video focuses on three techniques to increase the likelihood of getting a LayerZero airdrop. Here are the main points:
PancakeSwap: PancakeSwap, the most popular decentralized exchange on BNB Smart Chain, has integrated LayerZero within its in-app bridge. By going to bridge.pancakeswap.finance, users can use the bridge to move Cake tokens from the BNB Smart Chain to Ethereum or Aptos. This could be an inexpensive way to get involved in LayerZero’s potential retrodrop.
Rage Trade: This decentralized exchange based on Arbitrum uses LayerZero to send messages between chains, and Stargate, another LayerZero product, to bridge USD profits to vaults. To interact with LayerZero through Rage Trade, users need to deposit a token (such as USDC, wrapped Ethereum, or native Ethereum) into a pool and stake it to earn APY rewards. We also suggest making a few long and short trades to qualify for a potential independent Rage Trade airdrop down the line.
Angle Protocol: Angle Protocol is the technology behind the agEUR Euro stablecoin. Users can use the Angle Protocol’s bridge to move their agEUR and Angle tokens between different chains, which also makes use of Layer 0 technology.
In this video we outline one of the most beginner-friendly tasks to get the LayerZero airdrop: Interacting with Sushi to make cross-chain swaps:
What is Sushi?: Sushi is a decentralized exchange (DEX) that has introduced the Sushi X Swap feature based on LayerZero’s Stargate technology. This feature allows trading across various chains like Ethereum, Optimism, Arbitrum, Fantom, BNB Smart Chain, Avalanche, and Polygon. If users aren’t comfortable using Stargate directly, they can use the trusted Sushi swap interface to complete tasks, potentially increasing their chances of a LayerZero retrodrop.
How to Make Cross-Chain Swaps: First you will need to visit the Sushi swap page and select the “Cross Chain” toggle. Then you will need to choose an origin chain and destination chain, enter the amount to trade, and execute the swap.
The video covers five of the best potential airdrop tasks for LayerZero. Considering the size of LayerZero’s investment funding, these could pay off very well if a retrodrop is launched:
Stargate Bridge: This flagship LayerZero product allows for the seamless movement of tokens across different chains. To qualify for an airdrop, you need to transfer tokens across different chains via the Stargate Bridge. You can also farm in one of the easy-to-use liquidity pools and use our yield Explore tool to find the best Stargate yields. Note: The higher the volume transferred, the higher the likelihood you will receive a significant airdrop.
Altitude: The Altitude dapp offers similar functionality to Stargate Bridge and could potentially offer a double airdrop. Users can make trades on their testnet, provide liquidity, and join farms.
Interport: This new entry to the list allows for cross-chain swaps, adding an extra function to bridging. It also offers its own native token, making a potential double airdrop from both the Interport dapp and LayerZero a possibility.
Holograph: Holograph enables the bridging of non-fungible tokens (NFTs) across different chains. Users can see their NFTs and send them across to a different chain.
Tapioca: Tapioca introduces cross-chain lending and borrowing, allowing users to participate in DeFi yield farming. Currently in testnet.
This video introduces a new dapp called zkBridge, which allows for cross-chain messaging and NFT (non-fungible tokens) transfers, utilizing LayerZero’s technology. To maximize the chances of receiving an airdrop users can interact with the dapp by:
Using the Cross Chain Messenger: This feature allows users to send messages between different chains like BNB to Polygon: https://zkbridge.com/zkmessenger
Using the NFT Feature: Users can claim free NFTs on the platform’s Loyalty page. After acquiring an NFT, users can bridge it to another blockchain via the ZK NFT page: https://zkbridge.com/zknft
Borderless Bitcoin brings Bitcoin to the omnichain future via the power of LayerZero’s tech. Using their dapp is one of the most novel ways to participate in qualifying for this potential retrodrop.
What is Borderless Bitcoin?: BTC.b, an Omni Chain Fungible Token (OFT), is a wrapped version of Bitcoin on the Avalanche network that is moved via the Avalanche Bridge from native Bitcoin. Borderless Bitcoin is an app that is used to transfer BTC.b across a number of chains including Ethereum, BNB Smart Chain, Polygon, Arbitrum, Optimism, and Aptos. Note, BTC.b cannot be transferred directly to the Bitcoin blockchain.
Qualifying for the Airdrop: Users first need to obtain some BTC.b. We suggest using Trader Joe, a leading DEX on Avalanche, to swap AVAX tokens for BTC.b. Next, you will want to use Borderless Bitcoin’s Bitcoin Bridge to transfer BTC.b from Avalanche to one of the available chains. After the transaction is approved within your web3 wallet, it should go through on the Bitcoin Bridge seamlessly.
While airdrops can be hugely promising if you capitalize on the right opportunities, it’s also essential that you avoid projects that could leave your portfolio REKT via hacks and scams.
With this in mind, our superpowered DeFi dashboard offers helpful tools to keep you safe. Scanner, our free smart contract audit tool, functions as an instant intelligent evaluation. Users can quickly and effortlessly assess the safety of smart contracts across a wide range of EVM chains.
We also offer Shield, a tool to monitor and revoke crypto wallet permissions. It automatically scans your wallets for high risk tokens/NFTs/approvals and notifies you in case there are any.
Make sure to follow our De.Fi Security account on Twitter as well to stay up-to-date on breaking DeFi exploits. Your LayerZero airdrop rewards are only as valuable as the security you use to protect them. Stay vigilant and protect your gains!
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