ETH
by BSCN
March 31, 2023
With $458M in funding and the recent launch of ERA Mainnet, zkSync aims to boost transaction speeds and lower gas fees on Ethereum. Here are the top dApps to interact with to win the possible $10,000 airdrop.
With the recent success of the Arbitrum airdrop, where many people claimed thousands of dollars worth of $ARB tokens, the focus has shifted to zkSync, a ZK scaling solution on the Ethereum blockchain.
The protocol recently raised almost $458 million in funding, around four times more than what Arbitrum raised. As a result, a much bigger airdrop might be coming, with a possible $10,000 up for grabs.
A beta version of zkSync's Fair Onboarding Alpha was launched on 16th February 2023, and a beta version of the zkSync Era Mainnet Alpha became available on 24th March 2023. The existing zkSync 1.0 application will be renamed to zkSync Lite.
In case you're unfamiliar with zkSync, it's a ZK (zero-knowledge) scaling solution for the Ethereum blockchain that aims to increase transaction speed while lowering gas fees by bridging the Ethereum chain into an L2 environment. In addition, the L2 environment will allow users to mint NFTs or swap tokens via DApps.
As one of its purported benefits for developers, zkSync2.0 will allow developers to redeploy projects from Solidity to zkSync with little to no changes to the base code.
Currently, there is no zkSync token available. The "community-driven" approach adopted by the protocol suggests that, once the token is launched, it is still possible for these tokens to be distributed amongst the public even though an Airdrop has not been confirmed.
Here are the top ZkSync dApps to interact with for a possible zkSync Airdrop:
You can bridge some funds to ZkSync by visiting this website: zkSync wallet.
If you need more funds, you can use other bridges to transfer funds from networks such as Polygon, BSC, Arbitrum, etc.
Once your funds are already on ZkSync, it is time to make some trades. To do that, we can use the following decentralized crypto exchanges: Zigzag exchange, SpaceFi exchange, Syncswap exchange, and Mute switch.
Connect your wallet, and make some swaps. The higher the trading volume, the better. After that, you can add liquidity to SpaceFi, Syncswap, and Muteswitch.
Following that, you can either leave the liquidity on the exchange and earn rewards from swaps or remove liquidity and swap USDC to ETH again. You can earn some rewards if you let your funds stay for a while.
You can mint an NFT on ZkSync mainnet by visiting Mintsquare. You can mint an NFT by adding an image, naming it, adding a description, and clicking on mint.
If you like any NFT collection on ZkSync, you can also purchase it. The downside is that there would be very little liquidity, and your entire investment may be lost. The best way to buy NFT on Mintsquare is to wait until you see good liquidity and traction before investing.
There are some other functions you can perform on the zkSync Mainnet that will help increase your chances of getting $ZKS airdrop.
You can also use Orbiter Finance and Rhino Finance to bridge certain ETH funds through the ZkSync native Bridge. In addition, you may be eligible for future Orbiter Finance airdrops if you use Orbiter Finance.
Additionally, you can join the Tevaera testnet, the very first game based on zkSync. Playing this game, you can earn Karma Points, mint Citizen IDs, and mint NFT.
The zkSync airdrop presents an exciting opportunity for cryptocurrency enthusiasts to potentially earn some free tokens. As a ZK scaling solution on the Ethereum blockchain, zkSync aims to improve transaction speeds and lower gas fees, a welcome development for users looking to save on transaction costs. All in all, zkSync presents an exciting opportunity for users to explore and benefit from decentralized finance.
zkSync is an Ether and ERC20 token transfer layer 2 solutions. The L2 protocol positions itself as an Ethereum scaling and privacy engine. The project is based on a zero-knowledge (ZK) rollup architecture that allows for "unlimited" Ethereum scaling.
Learn more about zkSync:
Latest News
0h : 51m ago
OKX Ventures, The Open Platform, and Folius Ventures Launch $10M Telegram Growth Hub
October 29, 2024
Is Bitcoin Set to Soar Even Higher?
October 29, 2024
DWF Labs Dismisses Partner Amid Drink-Spiking Allegations in Hong Kong
October 29, 2024
Visa and FV Bank Debut New Debit and Expense Cards, Bridging Crypto and Fiat Global Payments
October 29, 2024
Bitcoin Surges Past $71,000: What Could be the Possible Reasons?
October 29, 2024
Hong Kong Expands Tax Incentives to Include Virtual Assets, Targeting Institutional Investors
October 28, 2024
Dogecoin Surges Amid Musk and Trump Connections
October 28, 2024
Could Robinhood’s U.S.-Only Election Market Predict Results Better by Excluding Foreign Influence?