Unlock the LayerZero Airdrop ($ZRO) – Ultimate 2023 Guide!
Are you interested in participating in one of the biggest airdrops of 2023? Look no further than the LayerZero Airdrop! In this step-by-step guide, we will walk you through the process of qualifying for the airdrop and getting your hands on $ZRO tokens. With a maximum allocation of 1,000 $ZRO per participant, it’s an opportunity you don’t want to miss. So, let’s dive in and discover how you can qualify for the LayerZero Airdrop and join the exciting world of decentralized finance.
– Step 1: Join the LayerZero Community: The first step to qualifying for the LayerZero Airdrop is to become a part of their vibrant community. Join their official Telegram group, follow them on Twitter, and subscribe to their newsletter. This will keep you updated on the latest developments and announcements related to the airdrop.
– Step 2: Complete the Know Your Customer (KYC) Process: To ensure the airdrop is distributed fairly and to comply with regulatory requirements, you will need to complete the KYC process. This will involve providing certain personal information and verifying your identity. Rest assured, your data will be handled securely, as privacy and security are top priorities for LayerZero.
– Step 3: Hold a Specified Amount of $ZRO Tokens: Finally, to qualify for the LayerZero Airdrop, you will need to hold a specific amount of $ZRO tokens. This amount may vary depending on the airdrop terms and conditions. So, make sure to stay updated on the official announcements to know the exact requirements. Holding the specified amount of $ZRO tokens demonstrates your commitment to the project and makes you eligible to receive the airdrop allocation.
In today’s video I’ll show you how to qualify for the layer 0 Dro token airdrop which is one of the most promising interoperability projects in the crypto space right now welcome back to the virtual bacon Channel where I teach you how to build wealth with crypto the layer 0 network is
Truly a unique project and like any other layer 1 infrastructure in the crypto space today most blockchains exist in a closed siled ecosystem or use some sort of bridging to send assets to multiple chains layer 0 is trying to take a completely new approach to interoperability if
They do this by letting applications interact with multiple blockchains at the same time imagine you have a defy app which uses the full security of ethereum for high value transactions while executing small transactions on Solana with instant speeds for greater user experience sounds
Pretty incredible right on a side note you might have heard of the Stargate STG token that layer 0 launched a while back but one important caveat is that the Stargate token STG is not the main token used for layer Zero’s cross-stream infrastructure rather STG only serves the Stargate Finance bridge
Which is one application that runs on layer 0. that’s why I’ve put together this in-depth guide to help you qualify for the potential layer 0 Gro token which is rumored to release sometime
This year let’s jump into it in order to get the layer 0 airdrop the first step you need to do is to set up a metamask wallet and fund it with some ethereum I’m just gonna assume you have this step
Covered but if you don’t know how check my YouTube channel for a full tutorial Step 2 is to buy and stake some STG or Stark gate token the STG token is the governance token of Stargate Finance don’t
Worry you can buy any tiny amount and still meet the requirement I recommend buying it on a cheap Network like PSC or arbitrim instead of ethereum this will save you some bit of gas fees but don’t buy on a centralized exchange because the whole point is to link a purchase to your
Wallet so if you buy an exchange and transfer it in I don’t think that will qualify you can find all the decentralized exchanges to purchase the STG token On Tools like Dex tools after you buy
It go to stargate.finance to stake the STG token so I’ll show you this on the Stargate page go to the stake page and you’ll see all the available STG tokens you have to stake once you have staked
It this HCG token becomes votable so you get some voting power which is required for the next steps we want to take so step three is to vote on the Stargate dial proposal snapshot go back to the
Stake page and you see here a governance forum and a vote on Snapshot link so go to the snapshot link and here we have all the active proposals for the Stargate dial so you can open up any of
The active proposals and connect your wallet and depending on how much sdg tokens you have staked you will get some specific boiling power now we don’t really have to worry about how much we have stake we just need to participate in order to get the airdrop so just go on the voting page
And pass your vote to anything I would suggest reading through the proposals to see what’s really happening and make your intelligent decision but you know I’m not going to hold you up to it also
This is a great way to see how dow governance in D5 protocols actually work so pretty much they all use a snapshot as a tool and go to their token holders for everyone that staked their token in
Order to cast the votes so it’s a pretty fair and Democratic process step four is to use the Stargate bridge now we want to use the Stargate Bridge which is the official bridge made by the
Layer 0 team so go back to stargate.finance and go to the transfer page and then transfer any token From Any Two Chains I would suggest transferring from ethereum to arbitrum because ethereum is the native gas token for both ethereum and arbitrum so when you do this transfer you don’t have to worry
About some extra token that you need in order to get the gas fees on the destination chain so just transfer any small amount you want doesn’t really matter and hit confirm transfer and your tokens will show up on the other side after a few minutes step five is to use the other
Bridges currently powered by layer 0. so layers are also power some the main bridges that are meant for the Aptos blockchain the two main ones are liquid Swap and the Aptos Bridge so since these two bridges are made for Aptos which is a separate blockchain and is not very similar
To ethereum you will need to set up a dedicated wallet for Aptos so the best wallet I have tried for Aptos is the Quantum wallet I have a link right here but you can also just Google Pont and
Wallet or quantum network and you will have the same page so the Pontoon wallet very similar to metamask is also a browser extension so just set it up and then once you’re done you should also
Buy a tiny amount of Apt which is Aptos token and send it to your Aptos wallet you’ll need this to claim the bridge tokens to pay for gas fees but again you don’t need to buy a largest buy like
50 cents 10 cents worth that will be enough when you’re ready go back to the two Bridges website so I’ll just show you liquid Swap and on here you need to connect both your optos wallet and your
Ethereum wallet so hit connect and you see I have to connect my metamask for the ethereum side and then I have to connect Quantum for the app apto’s side then I can Bridge any amount of ethereum from
Ethereum to Aptos so any small amount would do and hit transfer and it will enter the bridge now the last step you need to take is make sure to claim the tokens once they have transferred so because
I have ridged some before you see that I have a pending claim here so you also need to come back to it after the bridge is complete after around five minutes and hit the claim button and this will open up your appdose wallet and actually receive the tokens on the optos side
And now you’re done so do this on both liquid Swap and the Aptos Bridge step six is to swap on Sushi X swap which uses the layer 0 technology so aside from just bridging assets layer 0 also enables cross-chain swaps which lets you buy some tokens from one chain and show up automatically
On another chain without having to send it in any way so Sushi swap already integrated this feature and we will try this one next go to sushi.com xswap then pick any trading pair I’m just gonna
For comedian’s sake swap ethereum for your SDC and up here I’m gonna swap on the ethereum mainnet but have it show up on arbitrum so let’s say I want to swap 0.001 ethereum for some usdc and when I
Click Swap and confirm swap what happens is after four minutes I won’t get the usdc on ethereum but it will automatically show up on my arbitrim wallet so this is really cool I would highly suggest for everyone to at least try this out and yeah once you’ve done that you have also
Qualified for that step step seven is to try the layer 0 plus Circle usdc demo so this is a cross stream demo app made by Circle usdc the stablecoin issuer and they have actually built
A native bridge on top of layer 0 that’s built into the usdc stable coin so later on usdc will exist on all the chains possible you don’t need to use any third-party Bridge so you can find the
Demo here and again I’ll have the full written guide link in the description so you can find all the links on here and this demo is currently on testnet so you’ll need to request some testnet usdc and testnet easier on the faucet buttons down below here once you’ve done that you see
You can transfer some usdc from go early testnet to Fuji test net and just go ahead and do that these are all testnet tokens so it costs you no money and the last step is to try the other
Layer 0 apps this is a one extra step if you want to do more and there are currently a bunch of community apps built on layer zero that are supported on layer zero so the main projects I
Have found are radiant capital muge in finance and Omni X these are all legit projects that I have heard of before and tried but I don’t know if their relationship with layer 0 is actually
That close and to the point that you can get in the airdrop by using them so anyone can claim to be using layer 0 technology but I wouldn’t be putting these in a guaranteed airdrop category so if you want you can go ahead and still try these so radiant Capital mutant Finance
Um and omniacs and that’s it that brings us to the end of the guide and now you have all the information you need to qualify for the layer zero airdrop go ahead and re-watch this video as you complete all the tasks I covered and remember all it takes to qualify for the airdrop
Is an hour of your time and you could walk away with a huge profit so don’t hesitate just start now if you have any questions feel free to comment below and if you found this video helpful go on my
Website virtualbacon.com to sign up for my free newsletter every week I write about the latest Market events hottest narratives and my personal investing insights this tutorial guide is also written on my website where you can see it today thanks for watching and see you in the next video