What Is LootBot.xyz?
LootBot is a telegram bot that helps you enter highly anticipated airdrops like zkSync and LayerZero in just a few clicks. This "automated airdrop assistant" lets you generate up to 10 crypto wallets and perform common airdrop tasks like bridge funds, make swaps on DEXs, and mint NFTs automatically.
It's easy to use, has features to minimize gas fees, and uses anti-sybil detection techniques to avoid getting your wallets blacklisted. It's gaining traction however, it's important to note that airdrop rewards are not guaranteed.
You need an invite code to join, you can use mine to get 10% off by clicking the link or use code 'm1t55y'.
How Does It Work?
- You would join LootBot on Telegram (here's a 10% discount)
- Then create your wallets (up to 10)
- Fund your wallets with minimum 0.1 ETH each (max 1 ETH each)
- Pick the airdrops you want to farm
- Run the bot and it will work in the background
- Repeat and track your airdrop progress over time
Why Is LootBot Gaining Traction?
Everyone knows you can make $1000s of dollars with crypto airdrops however, doing tasks is very time consuming. An airdrop bot automates the manual work, helping you enter more airdrops overall and multiply your rewards.
LootBot has over 8,000 users farming airdrops with over 18,000 wallets. The $LOOT token briefly hit a $10M market cap and currently sits at $7M. It's part of a larger Telegram Bot trend that is gaining traction. CoinGecko recently added a Telegram Bots category which currently sits at a $145M market capitalization.
Things To Know
Here's how I got LootBot to start working in just a few minutes. Keep in mind, not your keys not your coins and LootBot is NOT guaranteed to make you money.
1. Join LootBot
To join LootBot you will need a Telegram account which is free. Then visit LootBot here for 10% off.
2. Generate Your Wallets
You'll get some welcome messages and then see a menu like this. This menu is how you interact with the bot. Select an airdrop you want to farm such as zkSync:
Then, click create wallet. You will get a message showing all of your wallet addresses and private keys. It's very important to store those safely, especially for when you want to withdraw funds in the future.
3. Fund Your Wallets
Send ETH on Ethereum Mainnet to your wallet addresses. LootBot requires you to send a minimum 0.1 ETH to each wallet. Remember to make sure that 0.1 ETH arrives on destination after any withdrawal fees from your exchange or crypto wallet. If under 0.1 ETH arrives, the bot won't run. The max per wallet is 1 ETH.
To check when the funds have arrived, click on "Your Wallets" to view your balances.
4. Start Transacting
Now, the fun part. Click on "Looting" from the menu and then click "Bridge" to send your ETH to zkSync Era network. You can choose between two bridges. I picked Orbiter Finance because it has lower gas fees. Be patient, you will get notified when your funds have bridged. This can also help you with the upcoming Orbiter Finance airdrop.
After your funds have bridged, click "Start" and LootBot will magically conduct on-chain tasks. This can take up to 24 hours to complete as it tries to minimize gas fees.
5. Repeat and Track Your Progress
Repeat the tasks for up to 10 wallets. At any point you can click "Wallets" and "Dashboard" to see your airdrop progress.
6. Other Tips (Optional)
To maximize your airdrop potential, you can also import your wallet to MetaMask and start doing additional transactions while LootBot does its magic. For example, you can follow my zkSync guide or ultimate airdrop checklist to interact with dapps that aren't supported on LootBot.
However, if you'll be using 10 wallets you should be careful not to connect your wallets on-chain. If you're interested in how to safely manage multiple wallets, check out my multi-wallet guide.
Is LootBot Worth It?
The biggest issue farming airdrops is the amount of time it takes. A bot can automate the manual work, helping you enter more airdrops overall and multiply your rewards.
However, there are risks to consider. We don't know how securely LootBot manages your private keys and we don't know if it will qualify for every drop.
Right now, you can use LootBot for free and only pay 20% of your airdrop if you get one, or you can pay $30/month per wallet.
Use my invite code and get 10% off your subscription fees