zkSync Airdrop Guide: Huge Potential You Can Not Miss
zkSync has launched its mainnet for over half a year. However, exploring the potential of the zkSync airdrop is still a topic that attracts users because this project has not yet launched a token. Today, let’s learn about this interesting crypto airdrop 2023 topic about zksync with Coincu.
What is zkSync?
zkSync is a project developed by Matter Labs and backed by major investment funds including a16z, OKX, Crypto.com, Bybit, and ConsenSys. This Layer 2 solution, which falls under the category of ZK-Rollups, is designed to enhance the Ethereum network’s scalability and transaction efficiency while maintaining robust security. Notably, zkSync has successfully raised over $458 million USD in capital.
zkSync, based on Zero-knowledge Rollup (ZK-Rollups) technology, aims to address Ethereum’s long-standing scalability and high transaction fee issues. This technology not only accelerates transaction speeds but also significantly reduces transaction costs, making it more accessible to a wider range of users. Moreover, the architecture of zkSync ensures that Ethereum’s high-security standards are upheld.
One of zkSync’s most recent achievements is the successful integration of zkEVM, a Zero-knowledge Proof computation virtual machine, into the Ethereum main network. This integration marks a substantial step forward for zkSync, positioning it at the forefront of the race to perfect zkEVM technology.
zkEVM is a virtual machine that fully supports zero-knowledge proof computation and is entirely compatible with Ethereum’s existing EVM (Ethereum Virtual Machine). This technology expands the capabilities of Ethereum by allowing the execution of smart contracts with the added layer of Zero-Knowledge Proof (ZKP) calculations. What makes this innovation even more significant is that developers can now write smart contracts that are ZK-compatible using the traditional Solidity language, seamlessly integrating them into the Ethereum ecosystem.
With zkSync’s progress and the integration of zkEVM into the Ethereum main network slated for March 2023, it is clear that zkSync is playing a pivotal role in advancing Layer 2 scaling solutions and zero-knowledge technology within the Ethereum community. zkSync airdrop can become one of the most significant airdrop projects in the near future.
zkSync Airdrop: The goal
At its core, zkSync strives to enhance scalability, increase transaction speed, and reduce transaction fees, providing a more efficient and cost-effective ecosystem for Ethereum users.
- Scalability: One of zkSync’s primary objectives is to tackle the scalability issue that has long plagued the Ethereum network. By leveraging the power of Zero-knowledge Rollup (ZK-Rollups) technology, zkSync ensures that a substantial number of transactions can be processed without overwhelming the Ethereum mainnet. This scalability enhancement paves the way for Ethereum to handle a more extensive and diverse range of applications, from DeFi to NFTs, while maintaining network performance.
- Increased Transaction Speed: zkSync is dedicated to significantly enhancing transaction execution speed within the Ethereum ecosystem. Utilizing ZK-Rollups, this Layer 2 solution minimizes the time it takes for transactions to be confirmed. This improvement not only offers users a smoother and faster experience but also opens doors to more real-time use cases, making Ethereum a more responsive platform for a wide array of applications.
- Reduced Transaction Fees: In a move that benefits users and developers alike, zkSync is committed to reducing the cost associated with conducting transactions on the Ethereum network. Compared to executing transactions directly on the Ethereum mainnet, zkSync’s approach ensures that transaction fees are kept to a minimum. This cost-effectiveness is pivotal in making Ethereum more accessible and practical for a broader user base, helping individuals and projects alike economize on their blockchain interactions.
zkSync Airdrop potential
zkSync is currently garnering significant attention from the crypto community as it hints at a potential thousand-dollar airdrop in the wake of its successful mainnet launch. This anticipation has been fueled not only by zkSync’s absence of a native token but also by the substantial amount of funding it has secured.
With over $458 million in capital raised from renowned investors such as Blockchain Capital and Dragonfly Capital, zkSync has positioned itself as a leading Layer 2 solution provider for Ethereum. The project has been actively teasing the prospect of launching its native token in the near future. In preparation for this exciting development, zkSync is encouraging users to engage with its mainnet and testnet, as these activities may enhance eligibility for the anticipated airdrop.
The strategy zkSync recommends to increase your chances of qualifying for the airdrop is to perform regular transactions on their network. Consistently engaging in transactions, whether on a monthly or weekly basis, can bolster your eligibility, presenting an opportunity to receive a substantial airdrop.
It’s important to note that zkSync airdrop native token has not yet been introduced, but it is speculated that the ticker for the token will likely be ZKS.
zkSync’s journey towards its mainnet launch has been marked by notable milestones. On February 16, 2023, zkSync initiated its Fair Onboarding Alpha, setting the stage for its forthcoming developments. Subsequently, on March 24, 2023, the zkSync Era Mainnet Alpha was opened to the public, marking a significant step in the project’s evolution.
As zkSync continues to progress, it is also set to undergo a renaming process. The upcoming zkSync 1.0 will be rebranded as zkSync Lite, a move that signifies the project’s commitment to refining and optimizing its solutions to meet the evolving needs of the crypto and blockchain community.
zkSync is not only making waves with its innovative Layer 2 scaling solutions for Ethereum but also raising the excitement level among users and enthusiasts with the prospect of a generous airdrop in the near future.
How to get zkSync Airdrop
To ensure you don’t miss out on this chance, here’s a step-by-step guide on how to position yourself for a potential zkSync airdrop token:
- Add zkSync Era to MetaMask: To kickstart your journey toward the zkSync airdrop, begin by adding the zkSync Era to your MetaMask wallet. This step is essential for seamless interaction with zkSync’s ecosystem and participation in its upcoming rewards.
- Bridge Funds to zkSync: To further increase your eligibility, consider bridging your funds to zkSync. This action demonstrates active engagement with zkSync’s Layer 2 solution, aligning you with the project’s goals and initiatives.
- Interact with zkSync Era: Once your funds are bridged to zkSync, actively interact with the zkSync Era. This involvement not only familiarizes you with zkSync’s offerings but also showcases your commitment to the project.
- Engage with the zkSync ecosystem: It’s not just zkSync itself that holds the promise of an airdrop. Many projects within zkSync’s expanding ecosystem also lack their native tokens. Engaging with these ecosystem projects and their dApps can potentially make you eligible for additional airdrops. By interacting with these projects, you demonstrate your support for the broader zkSync community and increase your chances of receiving tokens from various ecosystem initiatives.
- Complete Quests on zkSync’s Crew3: To further bolster your eligibility, consider participating in zkSync’s Crew3 by completing quests and engaging in community activities. This is an excellent way to showcase your dedication to zkSync’s mission and increase your chances of receiving tokens through their airdrop.
zkSync Airdrop guide
Install MetaMask wallet
Step 1: Download MetaMask
If you haven’t already, start by downloading and setting up the MetaMask wallet. You can find the MetaMask wallet on your preferred app store or as a browser extension. Install it, create an account, and ensure you have some Ethereum (ETH) in your wallet to facilitate transactions.
Step 2: Adding zkSync Mainnet
- Open MetaMask: Once your MetaMask wallet is ready, open it in your preferred browser or mobile application.
- Network Button: Within your MetaMask interface, locate and click on the network button. It typically appears in the upper right corner and is represented by a circle with an arrow inside it.
- Add Network: In the network options, you will find the “Add Network” button. Click on it to begin the process of connecting to zkSync Era.
- Adding Network Manually: To manually add zkSync Era, select the “Add a network manually” option. This will allow you to input the necessary network details.
- Network Information: Now, you will need to provide the following network information for the zkSync Era:
- Save Network: After inputting these details, click the “Save” button. This action saves the zkSync Era network settings in your MetaMask wallet.
Step 3: Connecting to zkSync Era
With the network settings saved, you’re now ready to connect to zkSync Era. Simply select the zkSync Era from the network options in your MetaMask wallet, and you’ll be all set to explore zkSync’s innovative Layer 2 solution and participate in their ecosystem activities.
By following these steps, you ensure that your MetaMask wallet is seamlessly integrated with zkSync Era, providing you with access to the platform and positioning you for potential zkSync airdrop eligibility. Stay tuned for further zkSync updates and engage with the community to make the most of this exciting opportunity.
Transfer tokens by using zkSync Era bridge
Here’s a straightforward guide to help you navigate the official zkSync bridge and make the transition with ease:
Step 1: Prepare ETH on the Ethereum Network
Before you embark on your journey to zkSync, ensure you have Ethereum (ETH) readily available on the Ethereum network. If you don’t already possess ETH, you can purchase it from centralized exchanges (CEX) and transfer it to your Ethereum wallet. To facilitate a smooth bridging process, make sure you have a balance of approximately $10 to $20 worth of ETH in your wallet to cover any associated fees.
Step 2: Visit the zkSync Bridge Portal
To get started, go to the official zkSync bridge portal by visiting https://portal.zksync.io/bridge. This is your gateway to a seamless transition between networks.
Step 3: Connect Your Wallet
Once you’ve arrived at the bridge portal, connect your preferred wallet. In this case, you’ll need to select the Ethereum network on your MetaMask wallet. This connection enables the bridge to access your Ethereum holdings.
Step 4: Initiate the Bridging Process
With your wallet connected to the Ethereum network, you’re now ready to commence the bridging process. Enter the amount of ETH you wish to transfer to the zkSync Era network. After specifying the amount, select the “Continue” button to proceed.
Step 5: Approval and Transfer
Upon clicking “Continue,” you’ll be prompted to approve and authorize the ETH bridge. Once you’ve provided the necessary approval, the bridging process will begin. You can expect the transfer to take approximately 15 minutes, after which your ETH will successfully transition from the Ethereum network to the zkSync Era network.
This transition is a vital step in your engagement with zkSync, positioning you to harness the benefits of its Layer 2 solutions. Once your ETH is on the zkSync Era network, you can actively participate in zkSync’s ecosystem and potentially enhance your eligibility for the zkSync airdrop and other exciting initiatives.
Interact with projects on zkSync Era
Step 1: Swap ETH for Stablecoins
- Start by accessing the Mute platform at app.mute.io.
- Connect your wallet and select the “Swap” feature.
- Proceed to swap ETH for stablecoins, such as USDC and WETH pairs.
Step 2: Provide Liquidity
- Navigate to the “Pool” section.
- Contribute liquidity to pairs like WETH – USDC, enhancing the trading experience within the Mute platform.
Step 1: Initiate a Swap
- Upon acquiring assets on zkSync, return to the wallet’s homepage.
- Select “Swap” to access the ZigZag Exchange.
- The system will automatically connect your wallet to the exchange.
Step 2: Choose a Trading Pair
- Opt for a trading pair that suits your needs; for instance, the ETH and USDC pair.
- Enter the amount you wish to trade, much like centralized exchanges (CEX).
Step 3: Execute Your Trade
- Click “Sell” to convert ETH to your selected asset.
- Repeat the process with the “Buy” order for the same pair.
- It’s advisable to conduct multiple trades, ideally exceeding 50 transactions for an active participation experience.
Step 1: Swap Assets
- Head to syncswap.xyz and connect your wallet.
- Access the “Trade” section and swap assets within pairs, such as ETH – USDC and ETH – WETH.
Step 2: Liquidity Provision
- Proceed to the “Pool” section.
- Select a pool to provide liquidity. For added safety, consider well-established pairs like ETH – USDC, ETH – USDT, or USDC – USDT.
Step 1: Visit element.market and connect your wallet.
Step 2: Explore the marketplace to buy and sell NFTs.
Step 3: Engage in the vibrant world of digital collectibles and unique assets.
Notes when participating in zkSync Airdrop
As you dive into the vibrant zkSync ecosystem, it’s essential to keep a few crucial pointers in mind to ensure a safe and fruitful journey. Here are some valuable tips to maximize your chances of receiving zksync airdrops and safeguard your assets:
- Actively engage with projects in zkSync’s ecosystem. Your participation, whether through swaps, liquidity provision, or other activities, can enhance your eligibility for potential airdrops.
- When exploring new projects, be sure they are officially listed within zkSync’s ecosystem. This ensures you’re interacting with legitimate initiatives, reducing the risk of fraudulent activities.
- While providing liquidity, start with smaller amounts. This minimizes exposure to potential rug pulls or other risks associated with larger investments.
- Only approve and allow a reasonable number of tokens in your wallet. Excessive approvals can leave you vulnerable to potential vulnerabilities or exploits.
- After completing transactions or interacting with projects, it’s a good practice to disconnect your wallet. This reduces the risk of malicious actors gaining access to your wallet.
- Keep your wallet secure by regularly reviewing and revoking permissions for unfamiliar or unused tokens. This acts as a protective barrier against potential hacking attempts.
- Limit the number of transactions and transfers between wallets participating in airdrops. Excessive movements may attract unwanted attention and negatively impact your eligibility.
Conclusion of zkSync Airdrop
Although zkSync has not yet announced an airdrop, it is recommended starting some of the steps now in case zkSync participants awards retroactively. Hopefully this zkSync Airdrop guide article has helped you gain more useful information.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.