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CC2
Actionable insights on Airdrops & DeFi.

Jul 17, 2023, 19 tweets

#9 LayerZero α Dose – zkSync x LayerZero Exclusive

35 Contracts.
12 Dapps.
2 Airdrops.
1 Route.

I've crafted a comprehensive route that allows you to interact with the two best funded Crypto projects in one single rotation. 🪂

Qualify for $ZKS & $ZRO simultaneously.👇 https://t.co/6Iwlmrig8Mtwitter.com/i/web/status/1…

First, some info

[Skip 4 tweets for guide only]

Funding
LayerZero: $293M
zkSync: $458M

To put into perspective –– Arbitrum has $123.7M backing & the airdrop was lifechanging for many.

$ARB is the 🪂 posterchild and shares the same decentralization ethos as LayerZero & zkSync.

$ARB executed the airdrop playbook perfectly:

• TVL is up-only
• Just the right amount of filtering [slightly too lenient]
• Token is holding up nicely
• Included smol fishes with limited funds
• Created a diehard community -> result is lifelong organic marketing

Cont.

In stark contrast to @paraswap and @SuiNetwork.

Paraswap:
Way too strict.
1.3m wallets –> airdropped to only 20K [0.15% of all users!]

Sui:
Enforced KYC

Even Aptos did a much better job by rewarding testnet participants -> $APT still Top 40 and TVL is sustaining.


We learned:
If done correctly, airdrops are a net positive for all participants involved.

High-profile projects w/ a similar ethos will thus study and try to replicate what Arbitrum achieved.

This is why main focus currently lies on $ZRO & $ZKS.

Long-winded intro –– let's get to work!

This time we'll start on Optimism w/ USDC.

ACTIONABLE STEPS

Open:
1) Cross-Swap Optimism USDC -> ETH BNB Chain

Open: https://t.co/S2N6y98E7W
2) Bridge ETH -> zkSync Era

[See Screenshot on why we use Orbiter] https://t.co/wGvoL7w34Yapp.omnibtc.finance/swap
orbiter.finance

Open:
3) Swap ≈50% of ETH -> USDC

Fun fact you didn't know:
Semiotic AI created Odos, and they've received a $60M grant.👀

Aggregator is on par w/ DefiLlama.

Open: https://t.co/igRhpOT7Ys
4) 2-3x Long USDT with USDC

Keep Position open for +10 min https://t.co/Ql9gKr5Kcaapp.odos.xyz
onchain.trade


Let’s use tasks now that involve both $ZRO & $ZKS!

Open:
5) Claim at least 5 $MERK
6) Input amount to bridge
7) Bridge to Poly zkEVM
8) Now on zkEVM -> Bridge to Polygon

➣ If needed, use Gas Feature [counts as contract!]
➣ Also bridge ONFT from zkSync https://t.co/rB8JGJtxoVminter.merkly.com/oft


Task #2 that uses both $ZRO & $ZKS.

Open:
9) Enter Name of choice
10) Request to Register w/ ETH
11) Click on "My Profile", Scroll down
12) Click on your Domain
13) CrossChain to Polygon

Done ✅

Again, we don't bridge back due to high gas fees. https://t.co/ch4FWulDEBapp.zkns.domains



Revisit:
14) Swap small amount of ETH -> MAV

Open: https://t.co/22qhPP7hQl
15) Bridge MAV to BNB Chain
16) Sell on 1Inch or wait until bridging back to zkSync is possible

Task #3 Done. ✅ https://t.co/ZUpm9EpWZyapp.odos.xyz
minter.merkly.com/maverick

This one is quite degen, and only has a $400K MC.

It is an additional contract that uses $ZKS & $ZRO though.

Open:
17) Buy $10-$40 of ZPC

Open: https://t.co/AmmlAedEyZ
18) Bridge ZPC to BNB
19) Bridge to Arbitrum
20) Sell on Uniswap

Task #4 Done! ✅ https://t.co/ntDuaa1oXasyncswap.xyz
zenpanda.ai/traverse



Remember that we still have an USDT Long open?

Time to continue our zkSync Route!

Revisit:
21) Close Position

Open: https://t.co/2MVHyox1M3
22) Swap USDC for USD+

Open: https://t.co/kb6H9cnx9w
23) Swap some ETH for USD+

Cont. https://t.co/YAnqf7CGewonchain.trade
syncswap.xyz
velocore.xyz


Open:
24) Redeem 60% or more USD+ for USDC

Optional:
LP a small amount on Syncswap for a few days.
Bonus points for organic behavior.

Almost done!

Now here's a way to bridge out of zkSync you didn't know existed...🌉

Cont. https://t.co/OMQf60EPNuapp.overnight.fi/swap

Open:
25) Deposit a small portion of your USDC
26) Swap USDC to USDT
27) Bridge to Polygon zkEVM [or any other chain]

Rhino doesn't utilize LayerZero, but is an underused zkSync dapp.

Cont. https://t.co/FNv6NTkfpLapp.rhino.fi


To finalize the route, we'll utilize yet another dapp that combines zkSync w/ LayerZero!

Open:
28) Bridge USDC from zkSync -> Avalanche

I'm using Avalanche as we used virtually any other chain. Bridging out of zkSync = cheap

$ZRO x $ZKS Task #5 DONE✅ https://t.co/VoOTmx5rAzapp.interport.fi

There you have it.

A comprehensive thread w/ ALL possible zkSync x LayerZero interactions as of 17 July.

We even integrated a small route on zkSync to ensure organic usage before bridging out again.

Plenty of interactions to follow as both ecosystems continue to mature.

You may have noticed there being a lot more contracts for zkSync, for one simple reason:

Every single approval, swap, lend, mint etc. on zkSync counts as 'Nonce'.

While it's significantly harder to increase your contract count on LayerZero as they all have to be unique!

This is just one of many reasons why I believe it is significantly easier to qualify for $ZKS than $ZRO.

Nonetheless, following my 'LayerZero α Dose' series should set you up nicely.

And remember:
We keep engaging until an official announcement. 🪂

Don't get psyoped.

Sources for those interested.

Paraswap Airdrop Filtering [it flopped]:


Semiotic AI $60M grant:
https://t.co/NC8kEPGtKM

Useful, but not 100% accurate zkSync tracker:
https://t.co/fGXeRUWtcg

Check your zkSync Nonces:
https://t.co/XG1ScsjaZltinyurl.com/2zrn4sym
tinyurl.com/mw9n8zny
byfishh.github.io/zk-flow/
explorer.zksync.io

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