LayerZero Airdrop Guide: How to get the Anticipated $ZRO Token

LayerZero has raised $293M and is a highly anticipated crypto airdrop. Here are the best tasks to maximize your odds of this potential crypto airdrop!

Updated: Mar 9, 2024

LayerZero Airdrop Guide - ZRO Token

In the crypto community, LayerZero is a highly anticipated airdrop for 2023. They have confirmed a token and raised over $293 million in funding from investors like PayPal, OpenSea, and A16Z. In this guide, I'll go over some of the key tasks I've done to hopefully get in the snapshot and receive the $ZRO token airdrop.

Check out my zkSync and ZetaChain guides for more highly anticipated airdrops. 

What is LayerZero?

LayerZero is an interoperability protocol that connects EVM chains, allowing you to communicate and transfer assets from one blockchain to another, without compromising security or decentralization. To learn more, LayerZero links to an introductory guide on their official Discord page.

LayerZero Token ($ZRO)

There is no $ZRO token yet, but the community is expecting it will be launching sometime in the future. LayerZero mentions a $ZRO token in its code, indicating that a token is being developed. However, there hasn't been an official announcement from the team.

LayerZero ZRO Token in Github Code

Is The LayerZero Airdrop Confirmed?

As of this writing, the LayerZero ($ZRO) airdrop has not officially been confirmed. However, we do know that a LayzerZero token is on the way. The team is also well funded. LayerZero secured $293 million in funding in total with their latest round being $120 million at a $3 billion valuation. It's investors include big names like PayPal, Andreessen Horowitz, OpenSea, and 30 other groups.

Like most airdrops, everything is speculation and there are no official dates yet. However, the crypto community is speculating that a $ZRO token airdrop will occur in 2023.

Overview: How to Receive The Potential LayerZero Airdrop

While there is no official airdrop criteria, using LayerZero bridges and dApps is our best shot at getting into the snapshot. Like all airdrops, the more active you are in the community, the more likely you are to maximize your rewards. You should use the protocol as much as possible, increase your volume, and complete as many transactions as you can.

  1. Interact With Stargate Finance
  2. Use the LayerZero Aptos Bridge
  3. Use BitcoinBridge
  4. Use the USDC LayerZero Bridge
  5. Interact with Other dApps

1. Interact With Stargate Finance

The Stargate Bridge is the first official dApp developed by LayerZero so we'll definitely want to use this application. It allows you to bridge funds across various networks including Ethereum, BNB Chain, Polygon, Artbitrum, and more. You can also stake $STG and use the liquidity pools. Here are the different tasks you can do:

  • i. Use The Bridge: Visit https://stargate.finance/transfer, connect your wallet, and start to transfer assets across different networks. If you want to save money on gas fees, avoid transferring funds on the Ethereum mainnet and use lower cost blockchains like Arbitrum, Polygon, and Binance Chain.
  • ii. Add Liquidity: Next, click on the Pool panel and add liquidity to any of the pools in order to start earning rewards.
  • iii. Buy $STG and Stake It: $STG is the governance token on Stargate Finance. You can buy it on centralized exchanges like Binance (10% discount) or on decentralized exchanges like Uniswap and PancakeSwap. Then, head over to the stake panel and choose the amount you'd like to stake.
  • IV. Vote In The DAO: Join the Stargate DAO on https://snapshot.org/#/stgdao.eth and vote on governance proposals.
  • VI: Get Roles In The Stargate Guild: Connect your wallet on https://guild.xyz/stargate and follow the tasks to get as many roles as you can. For example, to get the veStaker role, you can buy 25 $STG when you are completing step 3 above.

2. Use The LayerZero Aptos Bridge

The Aptos Bridge is another bridge powered by LayerZero. You can move ETH, WETH, USDC, USDT, USDD, WBTC, BTC.b, and CAKE to the Aptos network and other blockchains. For this step you will need a few things:

  1. You need an EVM wallet (eg. MetaMask) and an Aptos Wallet (eg. Petra Wallet)
  2. You need some crypto for gas fees on both wallets. Buy some $APT to send to your Aptos Wallet. You can buy $APT on Binance (10% off fees) or on a DEX like PancakeSwap. On MetaMask, you can choose which network you want to use. To minimize gas fees, use anything other than Ethereum Mainnet like BNB Chain, Polygon or Arbitrum.

Once everything is set up, connect both of your wallets on the website and use the bridge to transfer funds. For example, connect MetaMask to BNB Chain and Petra Wallet to the Aptos Network.

URL: https://theaptosbridge.com/bridge

3. Use BitcoinBridge

BitcoinBridge lets you transfer BTC.b, a wrapped version of Bitcoin on the Avalanche network, across different chains. This dApp is listed on the official LayerZero website in the footer.

  1. Buy BTC.b: The best place is on the Trader Joe DEX. You can see where it's available on CoinMarketCap
  2. Connect Your Wallets: Go to BitcoinBridge and connect your EVM and Aptos Wallets.
  3. Bridge Assets: Send assets between different networks.

URL: https://bitcoinbridge.network/bridge

4. Use The USDC LayerZero Bridge

Circle, the issuer of the USDC stablecoin, has created this bridge which is currently on testnet, meaning you can do this task for free. Connect your wallet and click on Faucet USDC, Faucet ETH, and Faucet AVAX to request testnet tokens. Once the tokens arrive in your wallet, perform some bridge transactions.

URL: https://usdcdemo.layerzero.network/

5. Interact With Other dApps

The steps above are by no means an exhaustive list. You can interact with lots other dApps on LayzerZero such as:

Other Airdrop Tips

  • Farm With Multiple Wallets: The easiest way to multiply your airdrop rewards is to use multiple wallets. However, you have to do it safely and make sure your wallets aren't connected on-chain. My multi-wallet guide covers everything if you're interested.
  • Avoid Geo-Blocks: If you can't use certain dapps because you're IP-blocked, consider investing in a VPN like NordVPN or Surfshark. It will help you change your IP address so you can finish your airdrop tasks and claim airdrops.
  • Interact As Much As Possible: Your total number of transactions and transaction volume usually plays a role in the size of your airdrop. Spend as much as you're comfortable with but try to get these numbers as high as possible while still looking like a real user.
  • Transact Over Time: Another good habit is to make transactions every month, which has been criteria for previous airdrops like Arbitrum. 
  • Stay Safe When Visiting Websites: Create a wallet dedicated for airdrops and always double check that you're on the official URL. You should never use your primary wallet when hunting for airdrops. You can use the Aurox Wallet to earn rewards when airdrop farming. It also will automatically scan for malicious smart contracts.
  • Enter Other Big Airdrops: Airdrops are one of the best ways to make thousands of dollars with little money. Other potential airdrops I've covered include MetaMask, zkSync, ZetaChain, Polygon zkEVM, and more.

Author

At RankFi.com, our goal is to be your trusted source for crypto reviews, guides and research. We seek out researchers with extensive crypto knowledge and firsthand experience using dozens of CeFi and DeFi platforms.

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