After getting Arbitrumโs juicy airdrop, itโs appropriate time to invest your money in another ecosystem for potential airdrop. Last time I covered ๐ STARKNET ๐, but today we gonna talk about LayerZero. ๐ช
This article will help to save your time doing extra research on LayerZeroโs projects, so you can directly start interaction with the projects in this Guide. And of course remember to DYOR. ๐
LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides authentic and guaranteed message delivery with configurable trustlessness. ๐ LayerZero by Crunchbase
LayerZero Raised $120M at $3B Valuation. ๐ฐ
Why are u sure that token will be? ๐ค
In LayerZeroโs code on GitBook, users are able to SEE huge HINT about $ZRO token ๐๐๐
๐ P.S. Some of the protocols will require high GAS fees spend, some of the bridges can deduct from 4 to 10$ slippage per bridge ๐
Some protocols involve interaction with APT ecosystem. If u donโt have deployed wallet, u can use Petra Wallet. To download Petra Web extension click HERE.
Stargate Finance is a highly-composable, interoperable liquidity protocol that allows users to move assets between networks in a single transaction. Stargate, using the underlying LayerZero communication protocol, has achieved the bridging of native assets whilst preserving instant guaranteed finality and unified liquidity, overcoming the bridging trilemma: Instant Guaranteed Finality, Unified Liquidity & Native Assets.
1๏ธโฃ To start our interaction on StarGate, we need some $STG tokens. Letโs go to Uniswap to buy some (available on Polygon, Arbitrum, Avalanche, Ethereum, BSC, Optimism, Metis & Phantom chains).
P.S. purchase at least 180 $STG > In this case uโll be able to get two roles via Guild
2๏ธโฃ ๐ Redirect to the Staking Page and stake your $STG tokens to become eligible for delegating.
3๏ธโฃ Once you STAKED your tokens (they will be locked for certain time), uโll be able to delegate/vote. Itโs very IMPORTANT to participate in each delegation on SNAPSHOT.org
P.S. Now u became a DAO Voter of Stargate Finance, which can potentially qualify you for the Layer Zero airdrop!!! ๐
4๏ธโฃ ๐ Redirect to Stargateโs Guild and get your roles.
P.S. There are three roles: โข veStaker - Stake at least 27 STG for 36 months & vote in their governance (31,700 wallets) โข STG Holder - Hold 100 STG (17,800 wallets) โข LP Farmer - Deposit at least $1000 into a farming pool (5,750 wallets)
5๏ธโฃ Increase your interaction by proceeding CROSS-CHAIN Swap (at least once per week)
6๏ธโฃ Add some liquidity in the POOL > FARMING (even 5-50$ can make sense)
Radiant Capital is a cross-chain borrowing and lending protocol built on LayerZero.
1๏ธโฃ Deposit to any type of the asset
2๏ธโฃ Proceed with Borrow, which boosted by LayerZero
3๏ธโฃ Boost your deposited amount by ZAPPING
P.S. To be eligible for emissions, you need to have 5% dLP for what is deposited in the platform. When you loop if you fall below 5% the system will auto borrow ETH then convert that to 80% RDNT and then lock the RDNT and ETH in dLP to maintain 5% > Which means I only need to ZAP 5$ (5%) due to my 100$ deposit โฃ๏ธ
Angle is a decentralized, capital-efficient and over-collateralized stablecoins protocol. It allows users to mint and burn stablecoins (agTokens) at a 1:1 rate against crypto-assets accepted as collateral. Angle protocol supports Cross-Chains swaps backed by LayerZero.
Here we will purchase agEUR, Borrow and Bridge.
Firstly letโs Swap to some agEUR (at least 100$ worth)
agEUR contract = 0xFA5Ed56A203466CbBC2430a43c66b9D8723528E7 / agEUR isnโt visible by Debank
Create the Vault HERE.
Bridge agEUR from Arbi to Avalanche, after that you can let your agEUR travel to another L2 chain.
P.S. Make the Cross-Chain Swaps at least once/twice per week ๐ค
Rage Trade is a yield and perpetual protocol built on Arbitrum and LayerZero. Here we can kill 2 rabbits with one shot. Rage Trade also announced its own $RAGE token. So by making this activity uโll be eligible for at least two potential drops.
1๏ธโฃ Deposit $USDC to the platform for further trades (minimum should be 20$)
2๏ธโฃ Proceed with some trades (longs/shorts).
3๏ธโฃ Deposit $USDC, $GLP & $ETH into the Vaults
P.S. Thereโre Risk-on & Risk-Off Vaults. The Risk-On vault provides users with a significantly greater APY but has some risks associated with it. Hence I suggest that for the purposes of getting an airdrop, depositing $USDC in the Risk-Off vault is a better idea. The only downside is that unfortunately, the Risk-Off vault has a comparatively downward deposit cap. As a result of this so you would have to wait for some time until someone who deposited in this vault withdraws their tokens.
4๏ธโฃ Connect with Guild.xyz
Thereโre 6 available roles (try to get at least 2-3)
๐ Discord: RageTrade
Mugen Finance is a multichain aggregator that uses protocols with sustainable models to generate yield.
Here we can proceed with DEPOSIT, STAKE and SWAP.
Once u staked $USDC, uโll get some $MGN tokens instead. Redirect to Staking window.
๐ Now you can proceed with SWAPs: usual Swap and Cross-Chain Swap
Cross-Chain swap via Mugen Finance:
Arbitrum ๐ Avalance (100$ USDC)
๐ Redirect to the Mugenโs Guild and get the roles you eligible for.
LayerZero launched Aptos Bridge. Users will be able to move $USDC, $USDT, and $ETH into Aptos from Etheruem, Arbitrum, Optimism, Avalanche, Polygon, and BSC.
With Aptos bridge weโll be able to move our Funds from Layer 2 to Layer 1 and vice verse.
Transfer your $USDC / $BTC.b from Avalanche, Arbi, Polygon, BSC, Op & Ethereum to Aptos.
Recommend to proceed with transaction that greater > than 50$
Bridge fees might be a bit high (2-4$ per bridge) and slippage can also deduct some amount of your asset
P.S. Make the Cross-Chain Swaps at least once/twice per week ๐ค
It is a bridge on LayerZero using which we can send $USDC between EVM chains.
Proceed with few Cross-Chain swap between different testnets โ๏ธ
P.S. Avalanche Fuji faucet ๐ HERE.
Avalanche Fuji ๐ Goerli Testnet
Goerli Testnet ๐ Avalanche Fuji
LayerZeroโs Omnichain Fungible Token (OFT) makes $BTC.b composable across multiple blockchainsโno more fragmented liquidity. Users of $BTC.b donโt have to change their workflows and can interact directly with the BTC.b token contract. Just use LayerZeroโs Bitcoin Bridge to transfer BTC.b to any of the supported LayerZero blockchains.. Buy $BTC.b on TraderJoe first (Avalanche chain).
P.S. If you donโt have enough USDC/USDT to proceed swap to BTC.b, check Part โ10 first ๐ BTC.b contract = 0x152b9d0FdC40C096757F570A51E494bd4b943E50 | BTC.b isnโt visible by Debank
Now itโs time to make as many SWAPs as u can. Suggest to make Cross-Chains Swaps with at least 50$ worth per one swap. ๐ค
Make Cross-Chain Swaps with your BTC.b across Avalanche, BSC, Arbitrum, Ethereum & APT chains. Donโt forget to use LayerZero scan to check your tx.
P.S. Make the Swaps at least once/twice per week ๐ค
Developing on Goerli can be difficult due to the challenge of obtaining Goerli-ETH. To address this problem, the Testnet Bridge has been created by LayerZero, providing an open market for immediate pricing of ETH/GOERLI-ETH. Here you might need to buy Goerli ETH (testnet ETH) for regular ETH.
Swap your REAL ETH (mainnet) to Goerli ETH (testnet) - gas fees are high, can cost 15-20$ per swap
P.S. I paid 10$ fees with 19 Gwei per one swap
SushiSwapโs Cross-Chain is a seamless UX for swapping native assets across blockchains and unifying liquidity over the networks supported by LayerZeroโs generic messaging protoco . Sushi's omnichain swaps utilise LayerZero's generic messaging protocol.
Now itโs time to proceed few Cross-Chain Swaps ๐ (I did Arbi to Avalanche)
Swap at least 2 times (spending around 2$ per swap)
P.S. Cross-Chain swaps can be up to couple of hoursโฆ Be patient
My first transaction was executed in 1 hour 13 mins โฌ๏ธ
My second transaction was executed in 15 mins โฌ๏ธ
Donโt forget to send some back (from Avalanche to Arbi) - took me couple of mins
All Cross-Chain Swaps powered by Stargate ๐
Omnisea is NFT Launchpad built on LayerZero and Axelar. Create & mint NFTs without switching networks.Deployed on 9 chains with cross-chain support + 4 isolated waiting for messaging protocol.
Thereโre multiple ways to interact with Omnisea. One of the public NFT mints from some projects on zkEVM & zkERA:
LayerZero Domain is the naming service on the Layer Zero. With .LZ , users and businesses can replace computer-generated identifiers, such as wallet addresses, with human readable and memorable names like layerzero.lz .
Choose the name and purchase your OWN LayerZero Domain.
5+ characters = 5$ per year
4 characters = 30$ per year
3 characters = 100$ per year
InterSwap is the first fully composable native asset cross-chain AMM with unified liquidity built on top of the LayerZero network. InterSwap enables secure seamless swaps of native assets across chains with a single transaction without intermediary chain, bridge or asset. ๐ค
TapiocaDAO enables users to borrow and lend across 12+ EVM and non-EVM blockchains. The core products feature Singularity, an isolated risk borrow and lending market (based off of Sushiswap's Kashi product), and Yield Box (BentoBox V2), a permissionless token vault. It will also offer the ability to mint $USD0 which is a decentralized overcollateralized omnichain stablecoin. Tapioca will utilize LayerZero's technology to enable cross chain composability without the need for bridging.
P.S. Tapioca DAO has no token yet, but $TAP token will be for sure, so here we can kill 2 rabbits with one shot. For more info check the GitBook.
1๏ธโฃ Add Arbitrum Goerli testnet HERE. Faucet ๐ HERE.
2๏ธโฃ If still not enough Goerli ETH, move your funds from Goerli HERE.
3๏ธโฃ Add Avalanche Fuji testnet HERE. Faucet ๐ HERE.
4๏ธโฃ Add Fantom testnet HERE. Faucet ๐ HERE.
Mint all of the available tokes ๐ถ
๐ฑ Now we can proceed with BORROW, ๐ Redirect HERE.
Deposit and borrow assets on all 3 available chains:
Avalanche Fuji
Fantom
Arbitrum Goerli
Then proceed with Lend and Teleport
Interact with Teleport to send $USD0 across three chaines
OmniBTC is an omnichain financial platform for web3,including omnichain swap and BTC omnichain lending. Key features: Omnichain Swap. Based on LayerZero,an omnichain interoperability protocol,users can swap any token between any chain with one click.
We have to use the same tactic that we used in previous bridges.
Proceed as many Cross-Chain swap as u can
Donโt forget to use multiple chains as well (not the same always)
Pay attention to let your Swap proceed with LayerZero Procotol
Try to use at least 50$-100$ worth per each Swap
Try to proceed Cross-Chain Swap to Aptos
P.S. One-Two txs per week will be enough in my opinion โ
Holograph is the omnichain interoperability protocol for minting and bridging non-fungible tokens (NFTs), is partnering with LayerZero to deliver its patented โholographicโ bridging solution that seamlessly beams tokens across blockchains with complete data integrity, including persistent smart contract addresses and token IDs.
Here, in this project, We only have 2๏ธโฃ activities to do, BuuuT on the 3๏ธโฃ chains: Ethereum, Avalanche & Polygon.
Deploy your NFT on Polygon > Then we can deploy NFT on the rest 2 chains: Ethereum & Avalanche.
After Deploying we can finally MINT our NFT (better mint on Polygon)
Now lets proceed with the Bridge. ๐ Redirect HERE.
Now lets bridge our NFT ๐ Polygon โก๏ธ Avalanche โก๏ธ Ethereum โก๏ธ Polygon
๐ Discord: Holograph
WooFi - is a system of centralized finance (CeFi) and decentralized finance (DeFi) services designed to enable deeper liquidity for various cryptocurrency market participants.
๐ Redirect HERE
LiquidSwap - is the first AMM for Aptos - the most performant & reliable L1 built with Move VM.
๐ Redirect HERE
โซ๏ธ ๐ด ๐ตโซ๏ธ ๐ด ๐ตโซ๏ธ ๐ด ๐ตโซ๏ธ ๐ด ๐ตโซ๏ธ ๐ด ๐ตโซ๏ธ ๐ด ๐ตโซ๏ธ ๐ด ๐ตโซ๏ธ ๐ด ๐ตโซ๏ธ ๐ด ๐ตโซ๏ธ ๐ด ๐ตโซ๏ธ ๐ด ๐ต
Hope this article was useful for you. Support me with collect and subscribe ๐ช๐ป๐
๐ P.S. Once I receive $ZRO drop, I will use randomizer to pick one user among the ones who claimed this article and send 30 $ZRO (or at most Iโll share 50$ worth) tokens to him/her ๐ ๐ฑ ๐ค
Due to LayerZeroโs native scan unable to show all tx right now, we can use DUNE 1 & DUNE 2 aggregator, also we can use StarGate scan.
๐ฆ My Twitter: @yichuan_drive
๐ My Link3: yichuan
โก๏ธ LayerZero Discord: discord.gg/layerzero
โก๏ธ LayerZero Twitter: @LayerZero_Labs
โก๏ธ LayerZero Website: layerzero.network
โก๏ธ LayerZero Scan: layerzero.scan
My Starknet Guide ๐