With a valuation of $3 billion, how can we plan ahead for the LayerZero airdrop?

Earlier this week, LayerZero Labs, the developer of the blockchain interoperability protocol LayerZero, completed a $120 million Series B financing round at a valuation of $3 billion. LayerZero is a full-chain interoperability protocol designed for cross-chain lightweight messaging. It aims to achieve seamless communication between various chains and bridge the gap between different encrypted networks. As a game changer in the industry, LayerZero is likely to change the way users interact with blockchain networks.

This article will discuss LayerZero’s latest funding round and outline what this means for potential airdrops, as well as how you as a user can plan ahead for future LayerZero airdrops.

Why is LayerZero worth paying attention to?

LayerZero aims to link all EVM ( Ethereum Virtual Machine) chains and integrate all liquidity pools, allowing seamless exchange between assets, such as converting Ethereum (ETH) on the Ethereum blockchain to Polygon (MATIC), without the need for bridges or token wrappers.

LayerZero’s benefits include more efficient and streamlined cross-chain swaps while reducing the risks associated with bridging, such as losing funds due to security breaches.

LayerZero, the TCP/IP of the blockchain universe.

According to co-founder and CEO Bryan Pellegrino, the LayerZero protocol is similar to the Internet’s TCP/IP messaging protocol. This breakthrough technology powers applications such as Stargate Finance and Aptos Bridge, and enables Layer 2 networks such as Arbitrum and zkSync to move assets effortlessly.

LayerZero Labs receives $120 million in Series B funding

This latest round of funding and support from notable investors such as Sequoia Capital, Christie’s, Samsung, and OpenSea is a testament to the revolutionary potential of the LayerZero protocol.

The latest infusion of funds values ​​the company at $3 billion and comes from 33 high-profile investors, all vying to be a part of this groundbreaking technology.

With its recent funding, LayerZero becomes one of the most significant potential airdrops coming up soon. If LayerZero releases tokens soon, its market cap can be measured against LayerZero Labs’ valuation. Right now that number is $3 billion — so the token airdrop could be valued at roughly the same. In theory, that would make the airdrop more valuable than Arbitrum’s. This is all speculation, of course, but the latest funding round once again shows that LayerZero is an airdrop opportunity not to be missed.

How to plan for a potential LayerZero token airdrop?

To qualify for potential LayerZero airdrops, you must interact with relevant dApps built on LayerZero technology. Here are 5 projects with great potential.

1. Stargate Finance

• Go to https://stargate.finance/;

• Bridge tokens from one network to another. It is recommended to use Polygon, Arbitrum or Fantom for cheap GAS fees.

• Add some of your tokens to one of the available pools (e.g. USDC);

• After adding tokens to the pool, you can mine your LP tokens in exchange for STG rewards;

• Get some STG (available on all major CEXs and DEXs) and stake them;

• Join Stargate DAO and become a voter;

• Marking identities in the Guild .

2. LayerZero Bridge

• Go to https://layerzero.bridge.harmony.one/;

• Bridge assets from Ethereum or Binance Smart Chain to Harmony and back.

3. Omnisea

• Go to https://omnisea.org/;

• Click "Create for Free";

• Set the collection name, set the background image and add the collection logo;

• Upload files from your local computer or import from IPFS;

• Once you have filled in all the required fields, a button will appear that will allow you to publish your NFT collection.

4. Rage Trade

Rage Trade uses Layer Zero’s cross-chain communication protocol to transmit messages between the Host Chain and the LP Chain.

• Go to https://www.app.rage.trade/;

• Connect Metamask to the Arbitrum network and deposit at least 20 USDC;

• Set up an identity on the Guild .

Rage Trade has not launched a token yet, but it is highly likely that RAGE tokens will be launched, and early users may receive rewards. It may be worth doing some trading volume on Rage Trade to qualify for the RAGE airdrop. Using Rage can also increase your chances of getting the LayerZero airdrop.

5. USDC Bridge

• Go to usdcdemo.layerzero.network/bridge;

• Get testnet ETH on Goerli: It is recommended to register on https://goerlifaucet.com/, which is the easiest and most reliable way to get GoerliETH;

• Go to https://usdcfaucet.com/, select ETH as the network and enter your address, your USDC should arrive to Goerli shortly;

• Bridge USDC from Goerli testnet to Fuji (Avalanche testnet);

6. Other projects

There are many more applications powered by LayerZero. If you want to go deeper, you can also interact with the following projects:

• https://radiant.capital/

• https://www.angle.money/

• https://bitcoinbridge.network/

• https://app.hashflow.com/

• https://liquidswap.com/

in conclusion

Details about the LayerZero token and its airdrop have not yet been announced. However, by participating in the above activities, players can prepare for potential LayerZero token airdrops. I wish you all happy cashing!