Layerzero Speculation airdrop - page 2.

nelson4lov

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Quote from: tokeweed on January 14, 2024, 07:37:46 AM

Quote from: nelson4lov on January 13, 2024, 05:57:24 PM

~Snipped

Good call! I'll LP some tokens in the protocol as it could help with increasing the chance for eligibility... Sigh, so yeah I think I got everything covered. I used bridges, mostly Stargate Finance, and have more than 10k USD of volume, staked STG and I will have a stake in their LP.

All we could do now is cross our fingers and hope for the best! GL everybody. May we get some replenishments and live another day to be degens. Cheesy

You're right on track and based on what you've said so far, you've even done more volume than I have. You should also try to get your # of transactions to at least 50 plus usage of 5 - 10 source chains. I saw a Dune analytics dashboard where only 11% of all Layerzero users have 50+ transactions. That means only ~400K of the 3.5M active Layerzero user wallets actually have a minimum of 50 transactions.

Since Layerzero looks heavily diluted, they might raised the requirements just as Jito had a cut off. Btw, once I get my hands on the dune dashboard again, I'll send here.

Is anyone here actively using the Merkly checker too for L0?

Reference link: https://checker.merkly.com/layerzero

irsykes

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Quote from: MFahad on January 14, 2024, 05:28:31 AM

Quote from: nelson4lov on January 13, 2024, 05:57:24 PM

Quote from: tokeweed on January 13, 2024, 08:13:29 AM

^ Hey libert19... As I was staking TIA, ATOM and OSMO to increase my chances for eligibility for future Cosmos based projects' airdrops, Layer Zero's airdrop and staking STG got me thinking. Do you think that it's already too late to stake STG? Like do you think the Layer Zero devs have already made the snapshot by now?

Not sure why I didn't do it last year. :/ It's taking things for granted and laziness that get the better of me again. Lol.

Anyway yeah... Hope I'm not too late as I just staked STG just now.

Imo, unless the team has explicitly confirmed that a snapshot has been taken (like Starknet did) , everything is pretty much in the wild. I staked STG a long time again but I started providing liquidity on Stargate just today. Layerzero announced that the TGE launch and distribution is happening in the first part of 2024. We are still 5 months away from the first half so anything is still possible. It's better to fulfill all righteousness and do the needful than to assume.

Layerzero daily transaction volume suddenly down when airdrop news not announced on time and Warmhole bridge raised fund. Currently warmhole is going to be a good competitor of Layerzero and we should not miss any bot as we don't know which project will gives us more profit. I am farming Layerzero airdrop for more than six months but doesn't provide liquidity yet. so far I used 10+ bridges, swapped tokens and made more than 3k$ volume but didn't provided liquidity yet. what do you think liquidity will be one criteria for airdrop?

The criteria for airdrop recipients from the Layerzero project are kept very secret, usually projects that hide information will be better compared to airdrops that spread information. because the allocation makes it more certain for wallets that interact with us who control it manually. Hype projects that hold airdrops without this information is very difficult

tokeweed

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Quote from: nelson4lov on January 13, 2024, 05:57:24 PM

Quote from: tokeweed on January 13, 2024, 08:13:29 AM

^ Hey libert19... As I was staking TIA, ATOM and OSMO to increase my chances for eligibility for future Cosmos based projects' airdrops, Layer Zero's airdrop and staking STG got me thinking. Do you think that it's already too late to stake STG? Like do you think the Layer Zero devs have already made the snapshot by now?

Not sure why I didn't do it last year. :/ It's taking things for granted and laziness that get the better of me again. Lol.

Anyway yeah... Hope I'm not too late as I just staked STG just now.

Imo, unless the team has explicitly confirmed that a snapshot has been taken (like Starknet did) , everything is pretty much in the wild. I staked STG a long time again but I started providing liquidity on Stargate just today. Layerzero announced that the TGE launch and distribution is happening in the first part of 2024. We are still 5 months away from the first half so anything is still possible. It's better to fulfill all righteousness and do the needful than to assume.

Good call! I'll LP some tokens in the protocol as it could help with increasing the chance for eligibility... Sigh, so yeah I think I got everything covered. I used bridges, mostly Stargate Finance, and have more than 10k USD of volume, staked STG and I will have a stake in their LP.

All we could do now is cross our fingers and hope for the best! GL everybody. May we get some replenishments and live another day to be degens. Cheesy

Sophokles

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Quote from: MFahad on January 14, 2024, 05:28:31 AM

Layerzero daily transaction volume suddenly down when airdrop news not announced on time and Warmhole bridge raised fund. Currently warmhole is going to be a good competitor of Layerzero and we should not miss any bot as we don't know which project will gives us more profit. I am farming Layerzero airdrop for more than six months but doesn't provide liquidity yet. so far I used 10+ bridges, swapped tokens and made more than 3k$ volume but didn't provided liquidity yet. what do you think liquidity will be one criteria for airdrop?

This can be because of airdrop farmers changing their activity in other chains. Right now an airdrop craze is going on and most of the projects or ecosystems are taking the initiative to do airdrop on their project to increase volume. Airdrop farmer is also a reason zksync and some other layer 2 didn't do any airdrops yet had huge transaction volumes. I think some people predict that the snapshot has been taken for layer zero airdrop and they stop farming those projects.

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Quote from: nelson4lov on January 13, 2024, 05:57:24 PM

Quote from: tokeweed on January 13, 2024, 08:13:29 AM

^ Hey libert19... As I was staking TIA, ATOM and OSMO to increase my chances for eligibility for future Cosmos based projects' airdrops, Layer Zero's airdrop and staking STG got me thinking. Do you think that it's already too late to stake STG? Like do you think the Layer Zero devs have already made the snapshot by now?

Not sure why I didn't do it last year. :/ It's taking things for granted and laziness that get the better of me again. Lol.

Anyway yeah... Hope I'm not too late as I just staked STG just now.

Imo, unless the team has explicitly confirmed that a snapshot has been taken (like Starknet did) , everything is pretty much in the wild. I staked STG a long time again but I started providing liquidity on Stargate just today. Layerzero announced that the TGE launch and distribution is happening in the first part of 2024. We are still 5 months away from the first half so anything is still possible. It's better to fulfill all righteousness and do the needful than to assume.

Layerzero daily transaction volume suddenly down when airdrop news not announced on time and Warmhole bridge raised fund. Currently warmhole is going to be a good competitor of Layerzero and we should not miss any bot as we don't know which project will gives us more profit. I am farming Layerzero airdrop for more than six months but doesn't provide liquidity yet. so far I used 10+ bridges, swapped tokens and made more than 3k$ volume but didn't provided liquidity yet. what do you think liquidity will be one criteria for airdrop?

nelson4lov

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Quote from: tokeweed on January 13, 2024, 08:13:29 AM

^ Hey libert19... As I was staking TIA, ATOM and OSMO to increase my chances for eligibility for future Cosmos based projects' airdrops, Layer Zero's airdrop and staking STG got me thinking. Do you think that it's already too late to stake STG? Like do you think the Layer Zero devs have already made the snapshot by now?

Not sure why I didn't do it last year. :/ It's taking things for granted and laziness that get the better of me again. Lol.

Anyway yeah... Hope I'm not too late as I just staked STG just now.

Imo, unless the team has explicitly confirmed that a snapshot has been taken (like Starknet did) , everything is pretty much in the wild. I staked STG a long time again but I started providing liquidity on Stargate just today. Layerzero announced that the TGE launch and distribution is happening in the first part of 2024. We are still 5 months away from the first half so anything is still possible. It's better to fulfill all righteousness and do the needful than to assume.

libert19

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Quote from: tokeweed on January 13, 2024, 08:13:29 AM

^ Hey libert19... As I was staking TIA, ATOM and OSMO to increase my chances for eligibility for future Cosmos based projects' airdrops, Layer Zero's airdrop and staking STG got me thinking. Do you think that it's already too late to stake STG? Like do you think the Layer Zero devs have already made the snapshot by now?

Not sure why I didn't do it last year. :/ It's taking things for granted and laziness that get the better of me again. Lol.

Anyway yeah... Hope I'm not too late as I just staked STG just now.

What do I know? It's good to do everything that you think will make you eligible for airdrop, I tell you I don't follow my own advise at times, laziness gets better of me too.

tokeweed

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^ Hey libert19... As I was staking TIA, ATOM and OSMO to increase my chances for eligibility for future Cosmos based projects' airdrops, Layer Zero's airdrop and staking STG got me thinking. Do you think that it's already too late to stake STG? Like do you think the Layer Zero devs have already made the snapshot by now?

Not sure why I didn't do it last year. :/ It's taking things for granted and laziness that get the better of me again. Lol.

Anyway yeah... Hope I'm not too late as I just staked STG just now.

libert19

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Quote from: tokeweed on December 13, 2023, 07:57:46 AM

Anyway, again... I hope I get in but looking at how airdrops have gotten so competitive, I'm not too hopeful about this one anymore. It'd be a bonus for me. I got some decent volume in tho.

Yea, it's been massively saturated that I don't expect much either. It's going to be challenge for devs to filter out genuine wallets as well, whatever they do good sybils will get in anyway.

tokeweed

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^ But then again, didn't Pellegrino confirm a day later Layer Zero's announcement that the snapshot has not happened yet? I guess that does encourage the botters to go keep on botting LZ protocols as the devs confirmed that there's going to be an airdrop but snapshot hasn't happened yet. Lol.

Anyway, again... I hope I get in but looking at how airdrops have gotten so competitive, I'm not too hopeful about this one anymore. It'd be a bonus for me. I got some decent volume in tho.

libert19

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I am still of the opinion that Layerzero wouldn't confirm about snapshot, just because it'll dry up the activity to larger extent if they would confirm the same. I know starknet confirmed that their snapshot was taken, but farmers of LZ are more than starknet, LZ would try to continue milking them.

Let's wait until official airdrop announcements comes and tells us when snapshot was actually taken, and we'll see truth of Bryan's statement.

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Quote from: tvplus006 on December 11, 2023, 10:25:10 AM

To read this message, you need to be a member of the official LayerZero chat or join it - https://t.me/joinchat/VcqxYkStIDsyN2Rh
Bryan Pellegrino posted this message as a response to the discussion that arose after the publication of the LayerZero message on Twitter on December 7.

this just opens up chance for those that haven't interacted with the project itself to get the airdrop, wonder how many address will suddenly appear after this message coming from the CEO himself i'm sure many people are worked up to get that share of the airdrops.
but considering that there are so many participants already since fundamentally speaking this project is truly have an utility and it seemed many people has purely use this project for this utility alone im guessing there'll be so many address qualified and this token will definitely have massive market capitalization.

Quote from: libert19 on December 10, 2023, 09:54:11 PM

Indeed, I'm expecting obscure requirement that we haven't seen before.

if the obscure requirement is the thing we haven't seen before, it might cause fewer address to be eligible after all, most of the many strange requirement already being used.
I think the requirement will just be like earlier airdrops basically interacting with smart contract.

tvplus006

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Quote from: tokeweed on December 11, 2023, 08:36:35 AM

Quote from: tvplus006 on December 10, 2023, 08:16:33 PM

Quote from: tokeweed on December 10, 2023, 07:39:20 AM

...So yeah, my guess is the snapshot was taken right before they made the announcement and they are now in the process of removing botters and cheats.

Of course, you can trust your intuition, but I prefer to trust the words of Bryan Pellegrino, who is the Co-Founder and CEO of LayerZero Labs, published in the official chat: "There will be public comms if there is a snapshot or anything of the sort no need to guess, comms will be clear" - https://t.me/c/1540062342/84652 So it's too early to stop)

Can't access the message. When was that posted? After or before they made the announcement? If it was after the announcement then the snap shot hasn't been taken yet. But if it's before and especially months before then dunno...

To read this message, you need to be a member of the official LayerZero chat or join it - https://t.me/joinchat/VcqxYkStIDsyN2Rh
Bryan Pellegrino posted this message as a response to the discussion that arose after the publication of the LayerZero message on Twitter on December 7.

tokeweed

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Quote from: tvplus006 on December 10, 2023, 08:16:33 PM

Quote from: tokeweed on December 10, 2023, 07:39:20 AM

...So yeah, my guess is the snapshot was taken right before they made the announcement and they are now in the process of removing botters and cheats.

Of course, you can trust your intuition, but I prefer to trust the words of Bryan Pellegrino, who is the Co-Founder and CEO of LayerZero Labs, published in the official chat: "There will be public comms if there is a snapshot or anything of the sort no need to guess, comms will be clear" - https://t.me/c/1540062342/84652 So it's too early to stop)

Can't access the message. When was that posted? After or before they made the announcement? If it was after the announcement then the snap shot hasn't been taken yet. But if it's before and especially months before then dunno... With all the sybil and the botting going on it's prolly best for them not to share any info. But then again it could be good for them too cos if Pellegrino says that the snap shot was already taken, all the farming stops and they mark those 'active' wallets that suddenly stopped being active. Lawl.

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Quote from: JeffBrad12 on December 10, 2023, 06:50:30 PM

they might just go on and make every of those 5 millions address eligible and just go with it doesn't matter whether the reward would be low their platform is still being used widely anyway since the utility is strong in itself.

I'd like that if they don't try so hard to filter sybils (which will also exclude many of genuine wallets). History has shown that whenever the project was miserable with their airdrop, it didn't turned out well for project. Examples; PSP, SEI.

Quote

but all these are just speculation, the devs are usually having some obscure requirement by the end of the event and we might not be surprised considering such thing already been pulled off by many devs in the past, I guess this layerzero is not an exception.

Indeed, I'm expecting obscure requirement that we haven't seen before.

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Quote from: tokeweed on December 10, 2023, 07:39:20 AM

...So yeah, my guess is the snapshot was taken right before they made the announcement and they are now in the process of removing botters and cheats.

Of course, you can trust your intuition, but I prefer to trust the words of Bryan Pellegrino, who is the Co-Founder and CEO of LayerZero Labs, published in the official chat: "There will be public comms if there is a snapshot or anything of the sort no need to guess, comms will be clear" - https://t.me/c/1540062342/84652 So it's too early to stop)

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Quote from: tvplus006 on December 10, 2023, 08:37:22 AM

Quote from: Rehan Zakir on December 10, 2023, 04:02:56 AM

...But I can't understand how layerzero will distribute the tokens. Are they distribute coins on the basics of number of transactions.
There are 4millions wallet that did transactions through layerzero. This is a very huge amount. Did they give airdrop to all users?.
Or just for the limited people's.

The number of transactions will not be the only criterion for receiving airdrop. In addition, the number of interactions with various contracts, the volume, the date of the first transaction, and others will matter. And in each of these criteria, a minimum value will be set, which will eventually limit the amount of eligible receive airdrop.

that could be, but we don't know for sure, I guess with the fact that there are so many people that do use their platform, they'd indeed make some eligibility even harder and will only qualify few hundred thousand address but if the teams care about decentralizing the holder of their token, they might just go on and make every of those 5 millions address eligible and just go with it doesn't matter whether the reward would be low their platform is still being used widely anyway since the utility is strong in itself.
but all these are just speculation, the devs are usually having some obscure requirement by the end of the event and we might not be surprised considering such thing already been pulled off by many devs in the past, I guess this layerzero is not an exception.

tvplus006

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Quote from: Rehan Zakir on December 10, 2023, 04:02:56 AM

...But I can't understand how layerzero will distribute the tokens. Are they distribute coins on the basics of number of transactions.
There are 4millions wallet that did transactions through layerzero. This is a very huge amount. Did they give airdrop to all users?.
Or just for the limited people's.

The number of transactions will not be the only criterion for receiving airdrop. In addition, the number of interactions with various contracts, the volume, the date of the first transaction, and others will matter. And in each of these criteria, a minimum value will be set, which will eventually limit the amount of eligible receive airdrop.

tokeweed

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Quote from: tvplus006 on December 09, 2023, 09:39:48 AM

Quote from: tokeweed on December 09, 2023, 08:02:46 AM

I think snapshot is already taken. They wouldn't have confirmed and announced that they're having the airdrop at the first 6 months of 2024 if they haven't. ..

Well, that's just a guess. And if the picture has not been taken yet and you stop being active, then you deprive yourself of the opportunity to receive airdrop. I think that we need to continue to show minimal activity until it is officially announced that the snapshoot has been taken.

Sure, I get that. But in my case I use Layer Zero based protocols because I need to, not because I'm farming for the airdrop. I'm not sure about this but I think the Layer Zero devs have learned from other airdrops and wisened up to remove botters and sybils as best as they could. And I think they're still prolly sifting through the list right now which could last a couple of months more before they're ready to airdrop.

So yeah, my guess is the snapshot was taken right before they made the announcement and they are now in the process of removing botters and cheats.

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Quote from: tvplus006 on December 09, 2023, 09:39:48 AM

Quote from: tokeweed on December 09, 2023, 08:02:46 AM

I think snapshot is already taken. They wouldn't have confirmed and announced that they're having the airdrop at the first 6 months of 2024 if they haven't. ..

Well, that's just a guess. And if the picture has not been taken yet and you stop being active, then you deprive yourself of the opportunity to receive airdrop. I think that we need to continue to show minimal activity until it is officially announced that the snapshoot has been taken.

You are saying right. We have to do transaction once in a week to show the active wallet. But I can't understand how layerzero will distribute the tokens. Are they distribute coins on the basics of number of transactions.
There are 4millions wallet that did transactions through layerzero. This is a very huge amount. Did they give airdrop to all users?.
Or just for the limited people's.

Topic: Layerzero Speculation airdrop - page 2. (Read 1943 times)