zkSync Airdrop (2024): Launch, Eligibility, Steps to Claim?

Key Takeaways

zkSync is a layer-2 scaling solution built on top of Ethereum that employs zk roll-up technology.
A spot in the potential zkSync airdrop can be secured in five handy steps.
There is still no official announcement about a zkSync airdrop; however, early users may get free tokens if it happens.

Table of Contents

What is zkSync?

zkSync is a layer-2 scaling solution built on Ethereum that makes use of the zk roll-up technology. At its foundation, ‘zk’ stands for zero-knowledge, a cryptographic technology that contributes to Ethereum’s scalability.

This cutting-edge technology allows users to validate several batches of transactional data without disclosing critical information, promoting both privacy and security.

Zksync has been able to establish itself as a huge layer-2 ecosystem with hundreds of decentralized applications in the crypto space.

Possibility of zkSync Airdrop Launch

The possibility of launching zkSync Airdrop depends on project decisions and actions. At the moment, the community is buzzing with curiosity and excitement over the possibility of such an airdrop.

Just speculation: Our assessment suggests that the likelihood of a zkSync airdrop is quite high, with an estimated probability of 80%.

However, until an official announcement or confirmation by zkSync or the appropriate project team, the full information, including timeframe, eligibility criteria, and distribution, remains unknown.

Potential eligibility criteria to participate in airdrop

The specific eligibility criteria for a zkSync airdrop have not been officially announced, but based on past airdrops and industry standards, potential factors that could determine eligibility include:

Early adoption of zkSync products: Early zkSync product adoption is a good sign of a user’s belief in the project’s potential and dedication. This early support could be rewarded with a higher airdrop allocation compared to users who joined the ecosystem later.

Participation in testing phases: During the testing phase, participation may be evaluated according to the degree of participation and quality of feedback delivered. So, those who took part in zkSync’s testnet or alpha testing initiatives may have a high chance of qualifying for the airdrop.

Participation in the community: The degree of a user’s community participation may be evaluated by looking at how much they contribute to discussions, help other users, and interact with the zkSync ecosystem as a whole. Therefore, being active in zkSync’s online forums and social media groups may help contribute to eligibility.

Steps to qualify for the potential zkSync Airdrop

The crypto community is buzzing with anticipation for the upcoming zkSync airdrop, which has been classified as one of the most anticipated events.

For those aiming to secure a prime spot in the $ZKS airdrop, diving into zkSync lite, the zkSync 0.1 mainnet, is the ultimate strategy.

Engaging with this lite version puts enthusiasts in the best possible position for this airdrop, ensuring they’re first in line when the opportunity occurs.

Note: To protect your main wallet against scams and potential losses, create a second wallet with a small amount of $ETH for these tasks. Avoid illegal platforms and sources to stay secure.

These are five simple steps that you can take to increase your chances of receiving tokens from the potential zkSync airdrop.

1) Connect your wallet to zkSync Era Mainnet

To begin, go to chainlist.org and connect your wallet, which will allow you to add different chains to your wallet.

Particularly, connect your MetaMask wallet to the website. To do so, type “zk” into the search bar to locate the network, and then connect the wallet to the zkSync Era Mainnet.

2) Set up MetaMask with zkSync

Connect your MetaMask wallet to “wallet.zksync.io” with some ETH to gain access to the zkSync dashboard for further execution.

3) Bridge some ETH from your wallet to zkSync 0.1

You must transfer some ETH from your layer-1 mainnet to your layer-2 mainnet. To do this, you may go through the following steps:

Access to the dashboard.
Select the top-up option.
Choose the option “zkSync” Bridge
Input the desired amount of ETH to complete the top-up process.

4) Mint an NFT and Swap through ZigZag exchange

Mint an NFT by heading to the NFTs section at the top of the dashboard, and mint your own unique NFTs. It will only cost you gas money.

On the zkSync network, you can switch tokens by selecting the switch option from the wallet dashboard, which will take you to the ZigZag exchange, where you can swap and exchange different tokens.

5) Interact with multiple zkSync dApps

On the zkSync Era Testnet, there are various dApps (decentralized applications) for testing. It is recommended that you interact with all of the live applications on this “zkSync 2.0 testnet apps list↗” given by Matter Labs.

These are a few apps that you may consider exploring to have a high chance of receiving an airdrop.

Mute.io↗: Mute is a zkRollup-based DEX, farming platform, and bond platform built on Ethereum and zkSync. You can swap tokens, boost liquidity, lock up your LP tokens, and experiment with any new features that they provide.
Syncswap↗: In the zkSync ecosystem, SyncSwap is a seamless decentralized trade. This platform allows you to trade, exchange, and deposit liquidity into pools.
Onchain.trade↗: This is another DEX where you can swap tokens, go long or short, and boost your total number of transactions in the zkSync ecosystem.
Rhino.Fi↗: Rhino Finance is the ultimate bridge solution that allows you to easily move assets between blockchains. To raise your transaction count, you can also trade tokens and experiment with additional features.

Prioritize Early Participation: Airdrops favor early participants due to limited token distribution. Being one of the first to enter increases your chances of securing a reward.
Enlist Multiple Wallets: You may increase your airdrop returns by using multiple wallets. To avoid difficulties, ensure that these wallets remain independent on-chain, use a VPN for IP privacy, and avoid IP-based identifying methods.
Maintain Consistent Transactions: Some projects have rewarded users for consistent involvement throughout multiple months. As an example, higher airdrop prizes were given to users who used Arbitrum over six months. Projects frequently want to recognize their most dedicated users.
Beware of Scams: Exercise caution when participating in airdrops, as not all opportunities are legitimate. Avoid airdrops that require you to provide sensitive information or send funds upfront.

Bottom Line

As Layer-2 networks emerge as the driving force behind Web 3.0, zkSync, a pioneer in this field, has sparked interest in its possible airdrop.

If you’re part of the crypto community, you’ve probably heard of people receiving a lot of token rewards from airdrops, which may be further traded to gain monetary benefits. This one offers a one-of-a-kind opportunity that you should not pass off.

Although official confirmation of the airdrop is still pending, the minimal risk involved looks small in comparison to the potential gains.

We hope that this guide helps you position yourself strategically for this anticipated airdrop. Embracing the aforementioned steps will surely increase your chances of profiting from zkSync’s airdrop.

FAQs about the zkSync Airdrop

1) How much is the zkSync Airdrop worth?

While there’s no official confirmation, rumors suggest the potential value of zkSync’s airdrop could reach $5,000 per user. This means users could receive $5,000 in the form of $ZKS tokens.

2) Is zkSync launching its own token?

zkSync has not yet released its native token, but with a substantial treasury built up from bull market fundraising, the project is likely to launch its own token called $ZKS and distribute it initially to some deserving users through an airdrop.

3) When is the zkSync airdrop expected to occur?

Although no official word has been released, several sources indicate that an airdrop could occur in the year 2024. Keep in mind that this is all speculative, and there is no guarantee that an airdrop will occur.

4) Does it require an initial investment?

No, there isn’t an initial investment required to participate in the airdrop itself. However, you may need a small amount of ETH for on-chain transactions, which could bring minimal cost.

Disclaimer: This content piece is entirely based on the author’s opinion. It does not provide financial advice and individuals should conduct their own research before making any financial decision.