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Dec 18 11 tweets 10 min read
Aztec #Airdrop Strategy

@aztecnetwork has announced $100 million in Series B financing led by @a16zcrypto, with participation from A Capital and many more

You should not miss this one 😬

A complete thread 🧵👇

#zkmoney #zkEVM
@aztecnetwork @a16zcrypto Aztec has raised a total of $119.1M in funding over 4 rounds. 

Their latest funding was raised on Dec 15, 2022 from a Series B round.

Learn more
crunchbase.com/organization/a…
@aztecnetwork @a16zcrypto zkMoney allows users to confidentially access DeFi services on Ethereum with up to 100x cost savings.

zkMoney is built on top of Aztec network!
@aztecnetwork @a16zcrypto They have not announced any airdrop yet!

But this is one of the ingredients of a big potential airdrop 👀

Here is how we can interact with zkMoney/Aztec

🧵👇
@aztecnetwork @a16zcrypto Steps to do:

1. Register an account alias & Deposit fund from ETH Mainnet
2. Use the DeFi features
@aztecnetwork @a16zcrypto 1. Register an account alias

•  Go to zk.money
•  Click on "Shield Now" > "Retrieve Aztec Address" > Connect "Wallet" > "Sign In"
•  "Retrieve Spending Key" > "Sign In"
•  "Copy to clipboard" > "Next step"
@aztecnetwork @a16zcrypto Now register an alias

• Create a user name
• Select a speed for your registration (select default speed for cheaper fee)
• Make your first deposit (I recommend minimum 0.01+ ETH)
@aztecnetwork @a16zcrypto You’ll see this page after registration: zk.money/balance

Here you can find all your txns, like Shield, Defi Deposit, Defi Claim etc.

In every transaction, you'll this tick mark ✅
@aztecnetwork @a16zcrypto 2. Use the DeFi features

• Go to zk.money/earn
• And use at least 2-3 earn and invest options.
@aztecnetwork @a16zcrypto In this case, We're using the Lido Earn option.

• Click on Earn
• Enter amount (Recommend min 0.01 ETH) > Next
• Check "I understand the risks"
• Confirm transaction
(Just "sign in", no txn required)
@aztecnetwork @a16zcrypto Now go back to wallet page: zk.money/balance

And you will see the recent txn at bottom.

• There will be one
• Once appears, your txn is settled.

• • •

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More from @ETH_Daily

Dec 20
[Part 1] Over-collateralized Stablecoin and something you should need to know about it

#stablecoin $DAI #DeFi Image
Over-collateralized Stablecoin is the second most popular stablecoin in the market.

• In order to issue $1 in form of Over-collateralized Stablecoin, users must collateralize an amount of assets with a value GREATER than $1
For example

• DAI is a stablecoin issued by @MakerDAO

• In order to have 1 $DAI in the market, users need to collateralize other cryptocurrencies that are worth greater than the amount of DAI issued (1.2 $USDC for instant)
Read 5 tweets
Dec 18
What’s the difference between the top two ZK Rollups?

@zksync Vs. StarkNet (@StarkWareLtd)

A complete thread 🧵👇

#ZKRollup #zkEVM $STRK $ZKS
@zksync @StarkWareLtd Two of the biggest Layer-2 (L2) solutions that use ZK rollup technology to make the Ethereum network bigger are zkSync and StarkNet.
@zksync @StarkWareLtd 1. Zero-Knowledge Rollups

A zero-knowledge proof or protocol is a way for one party (the prover) to show another party (the verifier) that a certain statement is true without giving away any information other than the fact that the statement is true.
Read 16 tweets
Dec 16
🔥 @optimismFND introduces The Optimist NFT

The Optimist NFT is one of the first applications built on top of the AttestationStation, a neutral reputation contract built on Optimism. Image
@optimismFND What is the Optimist NFT?

The customizable profile picture project Optimist NFT represents user identity across the Optimism ecosystem.

Optimists can create millions of NFT combinations, and each thematic set tells part of the optimism story.
@optimismFND Who can mint an Optimist NFT?

The Optimist NFT is in Beta and currently only voters in #RetroPGF 2 can mint.

Based on Optimism Collective membership and AttestationStation data, several hundred active addresses will be invited to mint each month starting in early 2023.
Read 6 tweets
Dec 15
Gm! @arbitrum 💙🧡

How Can I Maximise my Chances of Receiving an #Airdrop?

🧵 THREAD 🧵

#arbitrum $ARBI $ARB Image
@arbitrum What is Arbitrum?

• Arbitrum is a L2 scaling solution that launched its mainnet chain, Arbitrum One, in beta in May 2021.

• Arbitrum aims to enable high-throughput and low cost while remaining trustlessly secure. Image
@arbitrum Highlights On-chain Data:

• Arbitrum has $2.38B in TVL which is greater than Optimism ($1.22B) despite not having a token, as per @l2beat

• They're the 4th largest chain in DeFi, as per @DefiLlama

• Arbitrum is the largest L2 by activity and TVL, as per @l2beat
Read 7 tweets

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