LayerZero and zkSync Airdrop UPDATE (Sybil Farming DRAMA)

Welcome to Box Mining. Now we got tons of news about ZK Sync and Layer 0. I'm sure you're already familiar with a lot of the recent events of the project team themselves being very defensive about Sybil farming. Okay, so I know that some of you and probably even a lot of you have questions regarding this and shout out to Llama also on Telegram for waiting to see if I'll do a video about this and this is very much needed. So very important questions to cover in this video. For example, for Layer 0 itself, if you've been using Merkley, are you disqualified from getting the Layer 0 airdrop? We'll talk about that. Okay, and then I've actually prepared a lot of notes because some of you guys are asking very, very good questions. Also, should you self-report? Should you snitch on yourself so that you can secure yourself a very tiny allocation of Layer 0? We'll talk about that. And then I think the more important issue of, well, what defines Sybil farming? Okay, how are they going to define Sybil farming? Make sure that real users, genuine users, don't get caught in the crossfire. Okay, and then what else? Yeah, so please stick with me. I will explain everything, my thoughts, and very important lessons to learn from here based on my experience of doing airdrops for the past nearly three years already. So, what else? What else? So yeah, if you're watching this live, stick with me. If you've joined in late, you're watching this after the stream, you can watch it on 2x speed. But yeah, make sure you watch every single one and I hope that this makes sense to you and this will help you with your airdrop farming journey in the future because this is super, super valuable. Okay, so the structure of this video, let's talk about it first. Let's talk about the ZK Sync leak. Okay, then we'll talk about the Layer 0 Sybil farming drama. Okay, so first of all, apparently this document got leaked. Okay, we don't know whether to trust the source, but it looks pretty legit and I'll say why I think this is also legit. So, it turns out 1.5 million wallets have qualified for the ZK Sync airdrop and the maximum airdrop entitlement is 2,500 ZKS tokens per wallet. Okay, so you can check the criteria here to see if you have been doing enough. I won't go into it further, but interestingly enough, I saw Satori is launching a pre-market for the ZK Sync token. Okay, so I don't know if they leaked the actual tokenomics, no finalization from the ZK Sync team themselves, but apparently the price at launch that they're going to be trading at the pre-market is $5. So, $2,500 maximum allo times 5, that's how much, that's more than 12k, I think roughly 12k. So, that's all right. And the fact that they have 1 billion in maximum supply compared to Arbitrum, which is 10 billion, so less in circulation. So, it kind of makes sense that the initial price is a tad bit higher than Arbitrum. Okay, what else, what else? And that's about it for ZK Sync. But, I want to talk about, I want to highlight this point here because in the leaked document, it says that the ZK Sync civil hunting methodology was implemented. And, mind you, that ZK Sync is ecosystem partner with Layer Zero. And you know that Layer Zero is really, really defensive when they said, wait, not this one, that they're partnering with Nansen and Chaos Labs to conduct a full civil detection report. So, is this something you should be worried about? Yes, it should be something that you have to be worried about. But, to what degree, I'll explain later. Okay? I'll explain later. And, another question is, okay, is the ZK Sync snapshot taken already? So, no confirmation on the token itself. But, where did it go? Let's go to MatterLab. If you look at the GitHub of MatterLab ZK Sync era, they have created, under their Docker file, a snapshot creator. Okay? And, the last commit file was, snapshot creator, where was it? It was three months ago. But, the last commit file was last week on contract verifier. So, they're finalizing the environment for verifying ZK Sync contracts using Solidity and Viper, basically. So, this is hinting that they're now approaching, ZK Sync is approaching the final phase of full decentralization for their sequencers. Okay? So, we know that last year, Alex Glukowski, the CEO of MatterLab, said that there's definitely going to be a token if ZK Sync is fully decentralized. So, if you want to be optimistic, you can say that the snapshot was taken last week. There could be multiple snapshot dates that we don't know. Many people are thinking, last month was like the final snapshot. Some people think that it's in January or February. But, we're speculating here. And, the fact that here, in the leaked document, it says wallet transactions have all occurred within a 48 hour. I think this suggests that there's not a final snapshot yet. That's what I think. You could disagree with me. But, this is basically, you get minus multiplier because you're rushing to get the airdrop, right? And, projects want genuine users. But, if you're rushing to get the airdrop, they're like, okay, fine. Come ahead. We'll give you the airdrop. But, you're not going to get as much. Something like that. But, see if you agree with it, right? So, you can always check the open source code and see. But, if you look at the latest one on Contract Verifier, it's just all coding languages for Solidity and Viper. So, yeah. Okay. Now, let's talk about the layer 0 drama. Okay. For context, I'm sure you've already seen this on Twitter. Other content creators are also talking about it. is that, in case you don't know the context, the, if you think that you are Sybil Farming, okay, they're giving you two options. You either self-report yourself that you are actively Sybil Farming to get 15% of the intended allocation, no questions asked, or, you do not report and you don't get anything. And, I think what's even worse is that they're encouraging people to snitch on people who are doing Sybil Farming. So, I don't like that they're doing this. I feel like they're doing way too much. Okay. I'll explain that also later at the end of the video. But, for details of this, they're highlighted that if you are a single entity with tens, hundreds of thousands of wallets, participating in industrial farms, Farming, if you minted a valueless NFT for the sole purpose of moving it around or you bridge one cent back and forth, okay, they even said Merkley, then you are likely a Sybil. Now, do I, the important question here is if you've been using Merkley, okay, to mint NFTs and bridge back and forth using layer zero, are you disqualified? Okay. I don't think so. I think there's going to be a manual process to filter out who has been spamming a lot more than an average user. So, they're going to look at something called like an ownership graph. I'll talk about that later. But, yeah, the fact that Merkley has announced that, you know, the fact that they're being called a Sybil tool, I mean, they're powered by layer zero, their ecosystem partner, they themselves also feel disheartened by this news. Like, why would you call me a Sybil tool, bro? Like, I'm in your ecosystem. I help you generate millions of messages, right? I am doing the role that you intend me to do is to stress test your environment to make sure I can send millions of messages and at the end, you stab me in the back and call me a Sybil tool? What is wrong with you, right? So, I think here, the boundaries are a little bit tricky. So, I would say that if you are using Merkley regularly, because they have active quest for layer three, where you can mint and bridge NFTs, if you have used Merkley to bridge to and from some other chains like Fuse Network or Celo Network, I think that's perfectly fine. And, what we're talking about here, you can actually use a very good reference. Wormhole actually published this last month after the Wormhole airdrop. I don't know why they took this down, but they've specifically said what are their anti-Sybil detection methods, okay? And, there's one that talks about an ownership graph. So, what they're basically saying is that, I'll use another article as an example. So, gate.io published a report about this long time ago, all about wallet clusters. And, this kind of talks about what Wormhole is saying. But, Wormhole has a lot more specific details. I don't know why they took it down, but, like, if you find it, let me know, or if you, like, have a screenshot. But, basically, the primary method of them to filtering you out as a Sybil farmer is they will assign a unique user ID, okay? And, depending on your on-chain behavior, they can, it's, you're at the mercy of the team, basically, to say if you're a Sybil or not. There's a lot of problems with this because, for example, if you have been transacting a lot, you could be filtered as a spam user, which, in turn, means you are a Sybil farmer, which doesn't make sense for Layer 0 because I don't like the fact that Layer 0's anti-detecting report, where did it go? Like, this one is fine, okay, right? If you're participating in industrial farming, obviously, if you're doing with thousands of wallets, that's perfectly sound, right? You're making it fair. But the fact that you're also singling out perhaps one person who's just using one wallet but who's just spamming transactions, that's kind of not fair. But if you're doing that, if you're afraid that you're doing that, I don't think that you're gonna be labeled as a Sybil because there's gonna be priorities here. I think what they're gonna do is they're gonna focus on the, they're gonna do their absolute best, okay? They have tons of resources at their disposal. They're gonna do everything in their power to locate people who are doing industrial farming, okay? So does this mean if you have like two wallets or three wallets or four wallets, does this mean you are Sybil farming you are, but you are on the low priority list, okay? You'd be surprised as to how many industrial farming scale of airdrop farming there is out there. There are people out there that, I think I posted this before, like this image is a good reference of that, right? They have their own VPS server where you can't really track them in terms of proximity. They can also max their IP address very well, which we'll talk about later. These airdrop farmers exist and they're kind of diluting the rewards pool, especially when we're talking about a huge project like ZK Sync and Layer Zero. So TLDR, if you have two, three, four, maybe even five wallets, you're on the low priority list, okay? If you have maybe more than 10 wallets and if the volume on all of those wallets have more than like $10,000, you are ranked in the high priority list and there's a very large chance that you're going to be filtered out as a Sybil. which brings me to the point is that, well, should you report yourself, right? Should you snitch on yourself and say that, yes, I civil farmed and I just want my allocation, no questions asked. So there's two sides here. First of all, let's talk about the personal one. It's all about pride. You do not want to snitch on yourself. Why would you want to snitch on yourself, okay? And, sorry about that. The second and more important reason is that if you self-report that you are Sybil farming, you're essentially blacklisting your wallet because Layer 0 will make a note of that blacklist. Your wallet address is going to be there and they can actually have control over that list. They can share it to other projects and saying, hey, that wallet address is in our blacklist. So I think you should also blacklist them. So a very familiar example of this and this happened in the past is with the Arbitrum Airdrop. Okay? What you didn't know about the Arbitrum Airdrop was that there's also a lot of wallets that got filtered out as a Sybil and they have a blacklist. Okay? This is Hop Protocol. They're also one of the protocols on Arbitrum. They also keep track of which wallet addresses have been actively and shamelessly Sybil farming and these wallet addresses are not likely to receive an Airdrop from another project in the future. Right? So there's this reputation score going on for your wallet. It's not showing. There's no metrics for you to see apart from, you know, like Web3 credentials or whatever. But these are reputation scores that are talked about within the project team. Right? They all talk, dude. Right? They always go to events. They go to conferences. They have Zoom calls. What you don't know what's happening behind the scene, they always talk. They talk about, yo, you know, we have a ton of wallet that are Sybil farmers and if you're going to be giving out Airdrop, first things first, don't include those wallets. So, yeah. But, you know, if, um, I'd say it, because you're caught in a dilemma, right? The problem here is that I think most people who farmed Layer Zero or ZK Sync with more than one wallet will have used their main wallet. Okay? Even if you snitch on your other wallet, there is a chance that they can detect in the wallet cluster that those wallets are linked. So, even if you just report one of your, like, you think the wallet that you did the least amount of transactions on, that could come back to you. That could lead back to your main wallet. So, you know, you either say, hey, I give up. I just want 15% of the airdrop. But the cost of that is you might not get airdrops in the future. So, there's ways also to curve that, but it's difficult now. Um, so it's really up to you. Okay? So, TLDR for this part is that if you are using your main wallet, you probably don't want to snitch on yourself. Okay? That's kind of the risk that you have to take here, I think. Okay? And what are the other questions? Yeah, so we also talked about uh, uh, what's it called? Funds. Sources of funds, right? So, there's diffusion funding and there's sequential diffusion funding where you send one wallet address to multiple wallet address and they can easily track it back to you even if you're using an exchange wallet, especially if the exchange itself is KYC. Okay? Yet again, they're going, it's behind the scenes. They talk to the exchange and say, hey, uh, can we verify this wallet address who, who the person is controlling, like, who's the person using this exchange wallet? Um, I don't know if that's a breach of privacy. I haven't read the full, you know, agree and whatever the fuck, the privacy shit, but a lot of that can happen off the books. You never know, right? There's a degree of trust that you have to rely on that is essentially not Web3 is all about, which, you know, at the end of the day, you're at the mercy again of these teams. So, yeah. Yeah, I'll talk about, we'll dive into this. Okay, we'll find another whole new strategy to Sybil Farm. If you're asking me if I'm Sybil Farming, I'm going to be honest, I'm not. I'm way too lazy these days to be setting up multiple wallets to farm one airdrop. Not because I'm lazy, but because I'm in so many different ecosystems, it's, it costs a lot of time for me. Okay, before I did Sybil Farming and before it wasn't that strict in terms of detecting Sybils. But now, I'm diversifying my play. That's why I'm not really Sybil Farming and plus, the cost of setting up a VPS, okay, to automate your transactions is not worth it, especially if you don't know if the airdrop is going to be worth it. Okay, so, that's, that's my personal opinion. But, you know, if you think you've been lazy, okay, then you shouldn't be worried about this. But if you've been actively Sybil Farming, then, yet again, depends on the priority list of their Sybil Farming requirement. Okay, if you have like two, three, four wallets, I'll repeat it again. If you have two, three, four wallets, you're on the low priority list. If you have 10, 100, moderate list, medium risk list, if you have like thousands, you're definitely on the high priority list. we got a lot of questions. I'll answer these later. Okay, what's next? What's next? Which also kind of brings me to this point that I noticed that Ethereum layer 2s are much easier to detect Sybil Farming simply because you don't forget Infura collects your IP address if you're using MetaMask, but specifically if you use Infura as your default RPC provider and most of the time you use that. If you don't have your own custom like if you don't switch to another RPC provider and you don't have the habit of doing that, then they're watching you. The teams are watching you. Okay, and some people here are also asking, well, what if I use VPN? They can't trace my IP address, right? Kind of, yes, it can work, but we're talking about large projects here who have a lot of manpower and resources to go through the end of the world, the edge of the world to find out if you're Sybil Farming or not. So, what they can do is even if you're using VPN, okay, is that they can, it's called browser fingerprinting. So, it's not about the blockchain, right? The blockchain cannot see anything, but it's the website that you're in, okay? So, if you're in the website, the website can collect information about your browser configuration and then from there on they can work backwards to see your actual IP address. I'm oversimplifying this, but that's how it works. So, it also depends on how strict the team is, how lazy they are, okay? If they're lazy, they're not going to care. They're not going to care. But they know that you are using VPN, kind of, okay? So, the only way that you could curb this by having projects, project teams, you know, Infura, not knowing what your IP address is, is if you just use your own Ethereum node, okay? Or if you set up your own independent RPC provider. It says here a third-party RPC provider, but a lot of the other third-party RPC providers, they talked to Infura. So, there's also that problem. So, essentially, you have to set up your own node or your own server to make sure that you have full privacy, really. So, that's really the tricky part. And then, also, another tricky part is when it comes to wallet clustering, they might have some sort of technology that tracks location proximity. And this is where it gets very tricky, right? Like, what constitutes real users? What if me, my dad, my mom, are farming airdrops, right? I'm not, like, using them as proxies, but they're actually farming airdrops, but we all live in the same house. What does this mean? Like, are you going to disqualify all three of us? Then that doesn't make any sense. So, that brings me to this point. It's a lot of manual labor, okay? They're going to have to spend a lot of time to filter out. They'll have a fuck ton of spreadsheet where they can, they just go through. But really, what they're looking for is patterns, okay? On-chain behavior pattern. If you're spamming transactions as well, they'll look at the frequencies between, the frequency intervals between your transactions. If they can see that you are generating five to six transactions within a minute, okay? And somehow, it makes it into the same block, that's a very high priority for them to filter you out as a Sybil. So, I've talked about this before. If you're, if you're going to be spamming transactions, space them out. So, it can be between 10 minutes, it can be between hours, but then again, that, you might not have the luxury of, of spending that much time to farm an airdrop, right? Because you have stuff to do. You have to go to work, you have to go to school. So, those also are other variables that you have to consider. What else? What else? Da-da-da-da-da-da-da. Um, yeah. So, yeah, Ethereum Layer 2. So, if you want to be lazy, and you're going to be actively Sybil farming anyways, try to avoid Ethereum Layer 2s that use MetaMask. Compared to something like Kepler, is actually a lot more difficult for, uh, where did it go? It's actually a lot more difficult for Cosmos-based projects to filter out Sybil's because you can set up your own custom derivation path where your wallets are not linked together. But then again, that's, um, there's definitely other variables here, but this is a feature that you don't see in MetaMask. Okay? So, um, for MetaMask, if you make multiple wallets, it's with the same seed phrase. Yeah, it's with the same seed phrase. Or is it with the same private key? Yeah. But they can trace it back to one wallet. For Kepler, they don't have that feature. But of course, it doesn't mean that you can just create tons of wallets without knowing what you're doing. Okay? Uh, yeah. What else? What else? A lot more questions. Okay, but if you have any, uh, suggestions or if you have any thoughts about this matter, let me know. Okay? What I think, okay, I just threw it out there. A very simple solution is if you are able to detect wallet clusters by assigning a unique user ID, then why not just give allocation to one of the wallets? Okay? For example, if, if a person is managing 1,000 wallets, why don't you just find that wallet with the least amount of volume, with the least amount of TVL and then just give allocation to that wallet, right? There's no need for harsh punishment. That way, everyone is okay, right? And the fact that you're encouraging a snitching culture is very, very poor. That's very, very poor PR. Why would you do that, right? It's very, very poor PR. And, of course, this is not without its risk. If you're doing this, right, there's a downside of, well, that's still going to dilute the reward pool, right? Uh, genuine, real users will still get affected by this. But I have a counter-argument for that. If you are as good, like, if your technology, your resources, your manpower is as good as you say it is, then you should be able to pinpoint every single industrial scale farm out there, okay? So, here's another conspiracy that I think. What if this is all a bluff? What if layer zero is saying that, hey, we're giving you a chance to snitch on yourself is simply because they cannot figure out who are the Sybil farmers, right? Right now, we are at an era where Sybil farmers are really, really smart, really, really low-key about it. You don't see a lot of the legitimate guides on Twitter because that's their edge. They won't really share that. But there's also, you know, a lot of the LARPs, a lot of the airdrops threaders, they do make good points, is with the rise of ChatGPT, you can actually make these sort of Sybil farming bots. So, there's a very increased, there's an increasing trend of Sybil farming since ChatGPT was released. I think since late 2022. Well, that's based on my personal observation. I'm trying to find an actual data, a metric that supports my thesis that, well, since 2022, there's been a trend of Sybil attacks. If you know any such academic reports or any on-chain metrics, let me know. I want to see and do more research on that. But yeah, like, it's crazy, you know. Mm-hmm. What else? And yeah, I really like what Cove pointed out too, CryptoCove. Um, the CEO of Layer Zero, Brian, he's being a hypocrite because when the Dimension airdrop happened, they also allocated to Pudgy Penguin holders, right? And Brian was, Brian Pellegrino was talking about, wow, then I should have split up my Pudgy Penguins in different wallets so that I can get more allocation. The fact that you have, that you're saying this really makes you a hypocrite. but I get where you're coming from, okay? I get what your team is facing. There's, there's a lot of issues. You're probably having a very difficult time filtering out civil farmers. I feel like that's actually the case. I feel like you're trying, yeah, you're doing this, um, this snitching process to really just have the work cut out for you, but it's not a good look, okay? As a business, as a company, branding is super important and the fact that you're encouraging snitching culture is just not really good, okay? I'm sure you all agree with me with this. Snitches get stitches. Yeah, okay, that's about it for this video. I hope that actually, um, makes sense to you guys. If you guys agree with me, if you disagree with me, let me know. But here's the TLDR, the summary, is that if you're using Merkley, I wouldn't be too worried about it because you're on the low priority list. What they're going to be focusing on are the people who are doing industrial scale farming, okay? Which means that if you are interacting with more than one, one wallet, you should be relatively worried about this. But the degree of worry is that if you have maybe two, three, four, five wallets with medium-sized volume, TVL transactions, you're like on the low priority list, okay? If you are in the range of hundreds or thousands of wallets, okay, with millions of dollars of volume and TVL, you're going to be filtered out. You're on the high priority list. So that's the, that's pretty much what happens in the behind the scenes of filtering out symbols. So let's answer some questions. I see you guys are very eager to ask some questions. The Chuglefish says, I have a linear NFT from Galaxy. Is that something to get the airdrop? We don't know. But I think it's the LXP that is the most important. You get more LXP, you get the linear allocation. They haven't announced yet in terms of which NFTs that you'll, that will qualify for an airdrop. But it's definitely a good habit to acquire as much of these Galaxy NFTs as you can. Because I think they will definitely consider that as well. But in terms of allocation size, it might not be a lot. I think they will also reward the premium blue chip NFT holders like Pudge Penguins, stuff like that. Crypto Anonymous says, we do need to get rid of Sybils though. 100 to 1,000 wallets. All our recent airdrops are highly diluted, getting peanuts. Let's get back to the days when we got the Arbitrum airdrop. What you didn't know was that for the Arbitrum airdrop, there were a lot of Sybil farmers. One of the guys who worked in this office managed to claim around $200,000 to $300,000 worth of Arbitrum tokens with 12 wallets. I don't know how he didn't get filtered out. He wasn't masking his IP properly. He wasn't using any proxy. But I think he used different devices. That could be it. But the counter to this, the true counter, it really depends on the valuation of the project itself. Because Arbitrum is worth billions of dollars in valuation. That's why even when it got diluted, it was diluted, you still get a lot of money from getting the airdrop. Ali says, What do you know about Alien X airdrop? I have never heard of it. I'll check it out. Hello, hello. Margera says, Hi Ron. Do you know best staking platform that qualified me to multiple airdrop? The, the, for me, okay, personally for me, don't copy, but you need to do your own research, is definitely natively staking Dimension. Saga, Celestia, and, Alt Layer. That's the holy quadrafacta, whatever the fuck that word is. That's what I think. Because that'll open a lot of doors to a lot of the drop stakes. You won't be getting like a lot in terms of size, but you'll get it, you're gonna be getting a lot in terms of frequencies. Which also brings me to this point because one of our viewers, here, where did it go? I recognize him too in the, in the comments. Where, where, where? Emilio, Emilio says, oh my god, another protocol milking us, fuck this shit. And I said, it's not that deep, bro. But he does make a good point. He says, there are many protocols out there that reward, that are like TVL based airdrops, right? You lock your tokens up, you get the airdrop. But, at the end, it seemed disappointing. But what you gotta know is that a lot of these are linear based airdrops, okay? Is that, if you don't have a lot of money to stake, if you don't have a lot of money to deposit, you're not gonna be getting a lot in return. It just doesn't make any sense, right? So, yes, it does favor whales. And, he's making a good point, is that it is actually more profitable to trade. So, not financial advice, but, if I were you, and if I have a small amount of capital, I would look at perpdexes that are doing incentivized programs, okay? because those favor volume, that is a playing field where you can compete with whales if you are very good at trading, okay? If you're good at risk management, if you're good at margin, if you're good at managing your margin, you can compete with whales, okay? Because with the help of leverage, you can up your trading volume. But if you don't know what you're doing, don't do that. I talked about 1% risk. If you get the 1%, if you know the 1% risk, you should do it. It's also trickier to, in terms of tracking your cost when it comes to playing with perps on-chain because there's gas as well. There's also deposit fees, which is a little bit annoying compared to exchanges on Bybit or Binance or MEXE where it's just trading fees and funding fees. But on-chain, there's deposit fees which is annoying. But journal it down, right? A very good way to know where you're at position. Where you're positioned at is just journal. Same thing when you trade, you journal, you write journals, you reflect on well, why this setup went wrong, why this setup went good. For airdrops, you journal not really much reflection, but always go back to your Metamask transactions and write down the cost, the gas cost, okay? Not just in terms of dollar value, but the gas token itself, okay? for example, for linear, do I have any here? No. Let's see. Ethereum not on this browser, it's not showing on this browser. But for example, like if if you spent like $2 in gas, make sure you also write down the amount of the gas token. For example, if it's like 0.002 ETH, you write that down as well, not just $2 because it's not a stable coin. You need to know. It will be a good habit. But you'll see why. I'll explain this in another video. But yeah, in terms of deposit airdrops, yeah, there's no way around it. Whales are king here. So yeah, perp dexes are great. What else? GTaurus' layer 0 has a good chance of losing most of their users in my opinion. Yeah, ever since the announcement was made, where did it go? After May 6, that is, look at, the daily messages dropped by 5x, by four times. That's crazy. This is either, I feel like a lot of the Sibyl, it's not just Sibyl farmers that are getting out of layer 0, but I think a lot of the real users are also not liking layer 0. That's why they dropped out. Oh, which also brings me to this point. Mergara is asking, CC2 Ventures, I want to highlight what CC2 Ventures here is talking about. So if you didn't know, CC2 Ventures is like the godfather of airdrops. He's like one of the best airdrop farmers out there. there's different types of airdrops. There's liquidity based airdrops, which Emilio was talking about, right? So Emilio here, where did Emilio go? Wait, wait, wait, wait. Yeah, so Emilio here does not like liquidity based airdrops. So if you have less capital but you want to be active on chain, transaction or volume based are the best. So this brings me to this point. But I think the core, okay, the theme of this post that he made is expectation management. Okay, I think a lot of people don't read this part. For the past three years, I've learned that expectation management is super important. It's very underrated skill to have because if you raise your expectation too much, you get disappointed by it, then you wouldn't want to do on-chain activities anymore. That could lose, you could lose out on a lot of really valuable gems in the future. Okay, here he talked about the exception for Jito, okay, for Dimension, Celestia. This was happening last year in the bear. And no one was farming the Jito airdrop. Okay, the snapshot taken for Celestia and Dimension was also when Bitcoin was around 30k. This was when no one cared about on-chain stuff. They got a lot of the people who qualified got a lot of the airdrop because they stuck around. Okay, they stuck around and they had to endure a lot. I'm sure they had to endure a lot to get the airdrop. So, to oversimplify, we're in the phase of a bull market right now. Okay? And in bull markets, everything gets hyped. And a lot of things are overvalued. This includes airdrops. It gets diluted pretty, pretty fast, especially for large projects. So, maybe in the next bear cycle, when stuff doesn't get hot anymore, on-chain activities will be very, very valuable. Alright? It will be very, very valuable, especially when Bitcoin and Ethereum, or actually primarily Bitcoin, is dominated by BlackRock. Then what's next? It's going to be on-chain stuff, right? Ethereum. Then it'll trickle down based on the risk curve. It'll be from Ethereum to Solana. Actually, Ethereum, Solana, and then Ethereum Layer 2s, and then I think Cosmos, and then I think, the newer ones. There's so much stuff to explore, and we are still super early to position for a lot of the future value. So, don't get discouraged. It's a very, very underrated question. 0xAlpha, I see you, bro. He's asking, what do you have to say concerning using DeFi Kingdom's game for Layer 0 transaction? Yeah, it's fine. I think the core for, Layer 0 airdrop criteria would be Stargate Finance and DeFi Kingdoms also. Yeah, definitely. I hope that answers your question. But I think the core would be Stargate Finance because it's the first project on Layer 0, Stargate Finance. Dookie says, Layer Negative Zero. Let's see. Altai says, is bridging from the bridge between my Solana wallet and Metamask back and forth every once in a while. Looked at being Sybil. If it's not like 10 transactions per minute, then it's fine. It's totally fine. They could see you as a Sybil, but they're not going to care because there are bigger fishes to hunt. Alright, there are other bigger troublemakers out there. Dookie says, Based, finally get here for the live stream. No problem, bro. Thank you, man. Doom Boy says, ZK Sync already snapshot. I think a good reference for that. We don't really know, but a good reference. Where did it go? So look at their GitHub. They have a snapshot creator file under their Docker. And the last commit date was last week for environment execution. So that could be a good reference to say that the last snapshot they did was last week. But I think maybe, but this doesn't mean the snapshot for the airdrop. This is a snapshot for environment execution for Solidity and Viper. But nothing here says anything about token snapshot. Okay, so that might not be final. Maybe they did an internal one. They didn't share here. We do not know yet. XO says, any news on BoxMining Plus? No. YouTube is either not responding or I don't know what. We'll wait and see because Michael will be back tomorrow. Michael's very busy right now. I'll ask him. but I contacted the YouTube support multiple times. Abby says, can you tell us about Manta Renew Paradigm? What exactly is the word for stone we stake? It's the airdrop for the protocol that you're using. So apparently for Zero Lend the if you participated in this right? If you've staked stone XO stone XO Manta on Zero Lend you'd be getting the Zero Lend airdrop already. So it happened was it yesterday? Two days ago right? So it's already part of the allocation that you saw. So that's there. And then for the upcoming ones these are snapshot not yet taken. Where did it go? Need to switch. Okay. So Zero Lend already. For the rest of them snapshot to be determined. Not yet. So yeah. There you go. And plus the Stakestone ETH reward. Holy shit. I'm leaking. What? For the Stakestone reward you'll be getting a 1% share of their Stakestone pool. So depending on how lucrative Stakestone is that's generous. Particle airdrop transaction says you can only send 100 times not 100 point. Yeah you can send 100 times. You can actually do this within an hour or two. I did this last night. And it took me roughly two hours to do 50 transactions. But I got tired. I got lazy. This is the hard part. Yeah but if you want to maximize the particle airdrop you want to be doing 100 transactions. Hello? But let me know how many points you got. Okay I got 2750 points which is roughly 50 transactions. I think even the ones that failed pounce because you're using USDG as gas. So go through this. Yet again space them out also. Space them out. Space them out. This is a time factor. Dwayne the legend says got here late. Do you think Gitcoin passport will be a requirement for qualifying for the ZK Sync airdrop? I think that is part of their ZK Sync Sybil hunting methodology. I think they will use Web3 credentials as well for getting the airdrop. if this leaked document is in fact by the ZK Sync team themselves. The Matterlabs team. But the fact that 1.5 wallets here I think they already accounted for Gitcoin passport and all the other Web3 credentials stuff. 0x Alpha says yeah Stargate Finance is okay but wouldn't it fall between spam transactions and low dollar value transactions? I meant using DeFi Kingdoms. DeFi Kingdoms is an organic app. It's a GameFi project so it's fine. It's definitely alright. Because they explicitly stated in terms of okay if you're going to read between the lines and say if you bridge one cent you can use that as a framework and say well literally one cent but I think if you're bridging maybe like one dollar two dollar I think that's okay okay yet again use the priority list as a framework use the priority list as a framework says Ron you think ZK Sync simulation by Wenser is correct yeah I think it's okay it's it's yeah it just tracks your onchain metrics and gives you a framework to work with but roughly yes are you farming layer 3 cube right now no but I should be I should be dookie says I have 50 cubes cost so much damn that's a lot okay you guys know what to do smash up the like button and subscribe to the channel if you have not already and if it's your first time in crypto you want to onramp consider signing up for Bybit with our referral link there's tons of goodies there and potentially an iPhone giveaway I'll talk to Michael about that okay my name is Ron Shonin out