As retrohunters, weβre all about zkSync Era, which is like a bullish zk-rollups in Layer 2 for Ethereum. The project has already raised $450 million from major funds, including a16z, and plans to issue a management token. The token is not expected to be released until the second quarter of 2024 at the earliest, which means we have plenty of time to scrutinize the project until at least the end of 2023. It should be noted that the criteria for zkSync may be adjusted after the token release from LayerZero, so it is important to keep an eye on updates. At the moment, the ecosystem in the zkSync Era network is at an early stage of development. However, there are already a significant number of dApps that support zkSync. You can keep track of the list of apps in the ecosystem on the official website at link. Some of them already work with the zkSync Era network and are labeled "Live on Era". You can find more information about each app on the website. If you are new and want to add the zkSync Era network to your Metamask wallet, you can use this link. By following these instructions, you will be able to connect to the zkSync Era network through your Metamask wallet.
π°ππ ππ’π ππππππ πππ πππ ππππππππ, ππππ’ πππ'π πππππππ£π ππππππππ πππ ππππ πππ πππππ π πππ ππππππ ππΏπ².
Given that the ecosystem is at an early stage of development, it is recommended to follow the updates and news of the project, as the criteria and information may change over time.
Bridges
πͺ Official Bridge : official bridge between zkSync Era and Etherium;
π Orbiter: bridge with support for a large number of networks including zkSync Era and zkSync Lite, often the most favorable option, no token, planned;
π Bungee: router from Socket, also has a Refuel feature (cheap native token translation) that works with zkSync network, no token planned.
π Layerswap: another bridge with support for a large number of networks, including zkSync Era and zkSync Lite;
π Celer Bridge: bridge from Celer, token is available, not the most favorable option;
DEXβs
We also whip up 3-4 per 2-3$ liquidity pairs in without token DEXs and toss 'em into yield farming. Mean, we sprinkle some DeFi positions across 3-4 different protocols, getting those sweet $2-3 yields on local zkSync tokens from projects in the ecosystem pools. πΎπ°π
The network is already alive and you can swap 1+ ETH with minimal price impact. But it's worth keeping a close eye on this and especially in new networks where there is little liquidity yet. The cheapest way to build up volume is to swap between stables, but not between any stables, but through only shitty stables BUSD and USD+.
You can check here the commission of UCDC-USDT and BUSD and USD+ pools and see clearly.
In almost all protocols, except SpaceFi, you can swap BUSD to USDC or USDC+ almost without losses, with a minimum allowable slippage (the amount of liquidity in protocols is different, so check pairs and price impact on amounts from 500-1k). Also, it is worth opening the dex settings and reduce the slippage to 0.2% for example. Reduce gas in the settings Metamask, from the Gas Limit remove 30-40%, in addition, many dApps do gas refund.
DEXβs Priority
Izumi - has a campaign , in which points are awarded for swaps and liquidity, and based on the number of points, they promise to give out half of the potential ZkSync droll to users if they get it. Also, these guys have tasty APRs with normal liquidity for farming or pooling on stable/eth or stable/altcoin*(more profitable)* depending on your bullish or bearish mood. Swap in (BUSD)
SyncSwap - will have their own token. Swap into (USD+)
Velocore (USD+, BUSD)
Overnight (USD+)
MAV (BUSD)
Odos (BUSD)
1inch (USD+)
Mute (USD+)
OpenOcean (BUSD)
DEFI
Here we will raise the transaction volumes in the network
ππππ π»πππ - Use gasless supply/borrow volume in ZkSync from $1001+ making increasing volume tx's in ZkSync chain.
Enter round sums without decimals, or there may be problems. Conducting the first phase of pre-mining of the ZERO token, for lending and borrowing. There is a guild ZERO Token Book
EraLend - as well as Izumi have launched a campaign for which they promise to give away some future ZkSync tokens if they get them. It's pretty simple here too, you can put ETH or USDC and borrow the same. Less risky is to supply USDC and borrow USDC.
ReactorFusion - As an extra, just to interact with the contract.
NFT
It's simple - go to marketplaces and buy the cheapest NFTs, then put them up for sale.
https://omnisea.org/create?type=ONFT And here, you can create your own NFT. Connect the wallet β Choose a name β You can leave the settings as default or play around, but don't forget to upload an image
Domain names
And additionally, you can mint your own domain in ZkSync.
ZkSync Lite
This is the first version of ZkSync (1.0), which will probably be one of the drop criteria. In Metamask this network does not appear on its own, but is under the Ethereum network(ERC20). You can use either the official site or the bridges listed there
to deposit funds into it.
I recommend racing through Orbiter between Era and Light, thus building up bridge volume there and there. On the main wallet, use the official bridge. Also, as a deposit option, you can use withdrawal directly from OKX. In the same way, you can deposit back to the exchange in the ZkSync Lite network via Transfer. If you want, you can washing trades and volume in ZigZag.
Services of the zkSync Lite:
βΎ lite.zksync.io(https://lite.zksync.io/): the network itself, wallet, balance is displayed only here (as a separate network in Metamask you can't add it), here(https://lite.zksync.io/account/top-up/) you can choose a bridge to replenish the balance (there are official(https://lite.zksync.io/transaction/deposit/) and bridges of ecosystem projects in ZkSync, as well as replenishment directly from ByBit), the first time you use it you need to activate your account (~1$);
βΎ ZigZag(https://trade.zigzag.exchange/): DEX on the zkSync Lite network, no token, quite possibly a snapshot has already been made;
βΎ Pinata(https://app.pinata.cloud/): allows you to create a CID for NFT minting, it's a web2 service, i.e. you don't need to connect your wallet to it, but you need mail to register. Upload a picture, copy the UID, paste it here and mint your NFT
Possible drop criteria
Let's talk about possible drop criteria and airdrop multipliers.
Number of transactions in the network: 5/10/20/20/50/100+
Total transactions in the network: $1k/$10k/$50k/$100k
Number of active months: 1/3/5/10 High Probability
Number of interactions with different dApps and smart contracts: 5/10/20/50/100+*
Total liquidity provided: $1k/$10k/$50k/$100k
Total volume of all bridges: $1k/$10k/$50k/$100k
Using the official bridge
Activated zkSync Lite network**
*It should be noted that swap on one DEX but between different pairs (e.g. ETH/USDT and USDT/USDC) may involve different smart contracts. This item can be combined with the number of transactions, as it was in the Arbitrum example.
**Unlikely: Volume, number of transactions used of zkSync Lite official bridge. I consider this item to be unlikely, because I think that most likely the volume and number of transactions in two networks (Lite and Era) will be summarized, but the fact of activity in the Lite network (as a separate multiplier) will be important.
You can read here how to do ranking accounts.
β DUNE AND CHECKING
Tier 1-2 Crypto Projects Analysis and Infographics on Dune.com and Checking bot in our Discord
zkSync Dune
zkSync Era: Protocol Overview by Matter Labs - An overview of zkSync Era by Matter Labs.
zkSync Era | Project Overview by Marcov - A project overview of zkSync Era by Marcov.
zkSync Era Overview by Jhackworth - An overview of zkSync Era by Jhackworth.
zkSync by Hashed - Information about zkSync by Hashed.
zkSync Era Stats - Allows you to verify volume through the official bridge, check active days on the network, and more.
zkSync Airdrop Simulation Ranking - Provides detailed statistics on zkSync Era and zkSync Lite.
Checking app
10kdrop (Use code: danyLze36)
Afterword
At the moment zkSync - is the largest fundraising project without token in the mainnet, despite the great popularity to skip activity in this project is definitely not worth it. Compared to other L2 network is stable, commissions are not high. As a result, all of the above makes zkSync an attractive project for retrohunting, the project gets a high priority of working out and is inferior only to LayerZero (because there token will be released earlier), from zkSync we expect token release not earlier than Q2 2024, the time for working out is still enough, but it is desirable to "register" in the network as early as possible, and the volume to race already as will be possible. But you should not forget about diversification, do not make all bets only on one project. Perhaps, after the release of the drop from LayerZero, the metrics of this article will be revised, follow the updates.
Don't link wallets, use sub-account/sub-account exchanges for withdrawals.
After the primary asset don't empty your wallet completely, even on sybils leave 10-15$ in ETH or any other token on the zkSync Era network.
Keep an eye on the gas. Customize gas limit, minus 35-40%
πππ πππππ’ ππππ πππππ ππππππππ ππ πππππππππ πππ πππππππππππππ ππππππππ πππ ππππ πππ πππππ’ πππ’ πππππππππ ππππππ.