This essay delves into the potential airdrop from Polygon to the community that supported the zkEVM infrastructure during its initial launch phase.
The community that helped support the zkEVM infrastructure during the initial launch phase may soon receive an airdrop from Polygon. We examine how to be eligible for the much-discussed airdrop in this essay.
Spoiler alert: the Polygon Labs team will discuss the development of its ecosystem and whether or not to launch a new governance token in two weeks, so be ready.
Describe Polygon zkEVM. A new airdrop is coming?
A rollup layer 2 scaling solution called Polygon zkEVM combines the scalability of zero-knowledge technology with the security of Ethereum.
To enable high transaction speed, transactions on the zk network use Ethereum but are confirmed off-chain.
One of the advantages and incentives for developers to construct dApps on top of this layer 2 and transfer current platforms with minimal work is EVM compatibility.
Although the infrastructure was only introduced in March 2023, L2beat data shows that it now has an LTV of USD 42 million.
Given the buzz around zk-themed projects in the web3 community, the chain, designed by the Polygon Labs team, is getting a lot of attention.
The first transaction on the scaling solution was made by Vitalik Buterin, a co-founder of Ethereum, to demonstrate his support for the ground-breaking technology.
According to rumors, the Polygon Labs team will probably develop a governance token that will also be used to pay for gas expenses.
The fact that multiple venture capitalists, including Sequoia Capital, Animoca Brands, and DragonFly Capital, contributed $451 million to the chain’s development lends credence to this argument.
The ideal method for rewarding investors and offering liquidity for early-stage development would be an airdrop.
The Polygon 2.0 ecosystem and zkEVM chain’s essential guidelines were also revealed on the project’s Twitter page a few days ago.
The blog article predicted the world’s next layer of the Internet of value and highlighted that insiders will discuss big problems such Polygon having a second token besides MATIC.
Etherum Layer 2’s future logic and whether to add another token will be considered July 10–17.
The Polygon co-founder mentioned a few weeks ago that the airdrop will entail the Treasury transferring some MATIC tokens.
He said the following:
There are no restrictions that forbid a significant airdrop of an existing token.
Bridge from the mainnet to be eligible for the Polygon ZkEVM airdrop
Let’s look at all the actions you can do to get ready and be eligible with your address for an airdrop for the Polygon zkEVM, new token or not.
The first step in any self-respecting layer 2 airdrop strategy is to bridge some cash from Ethereum’s mainnet to Polygon’s brand-new network.
This is possible here.
You must decide which cryptocurrency to send to the zkEVM network right away after selecting “native bridge” and linking your non-custodial wallet.
The tokens that are available are ETH, DAI, USDT, USDC, and MATIC.
The cost of the transaction varies; at the moment, $10 to $15 in petrol fees should be sufficient to cover it.
There are several third-party protocols that enable you to move interoperably across compatible evm chains, such as Polygon’s ZkEVM built using the Ethereum foundation, so if you don’t want to spend a lot of money on fees, you can choose a less expensive alternative.
The benefit is that you can deposit money via your chosen layer 2, such as Optimism, Arbitrum, ZkSync Era, Starknet, and Loopring, and you can do so without incurring the exorbitant fees associated with the Ethereum network.
You can save a lot of ether by using platforms like Orbiter Finance, Rhino.fi, LayerSwap, and XY Finance instead of native bridging.
However, while you are supporting a secondary protocol rather than the carrier infrastructure itself by employing such third-party solutions, you may prevent your address from getting the Polygon ZkEVM airdrop.
Use the native bridge at least once, is the recommendation. You might receive hundreds, if not thousands, of dollars in advantages by forgoing a few dollars in fees.
However, links to each of the substitute bridges are available on the Polygon Zk EVM Bridge page, next to the “native bridge” choice.
Other measures include boosting trade volumes and supplying liquidity
In order to be an active member of the community and receive a welcome airdrop from the Polygon Labs team, it is necessary to move some volume and offer liquidity to the protocols of the Zk ecosystem as soon as funds are deposited on the Polygon ZkEVM network.
A project that uses these marketing methods to excite the community usually distributes a large amount of the funds to exchange platform volume-movers. This is because these operations generate commissions and support the infrastructure.
Without exchange activity, a Layer 2 network is useless since it cannot produce volume and generate revenue.
Resuming, Quickswap, Kokonut Swap, Antfarm, and Dovish are the most well-known DEXs that process transactions and generate exchange activity.
Given the limited quantities of the smaller platforms, Quickswap is advised to utilize entirely due to its stronger historical and security criteria.
20–30 exchanges over three–four months are the target. It’s obvious that more transactions mean greater benefits and a higher chance of an airdrop.
The larger your allocation and, thus, your final reward will be, the more volume you transfer.
Finally, in order to airdrop, you must engage with other dapps in the Polygon zk EVM ecosystem.
Although you can experiment with all the current platforms, including DeFi and NFT, it is advised to focus the majority of your attention (and money) on giving decentralized protocols liquidity.
The most alluring lending option in this case is 0vix, a platform that has already received $900,000 in deposits and $250,000 in loans.
You can also attempt borrowing on the site if you have experience using decentralized finance.
All you have to do is make a deposit of at least $100 in either ETH, MATIC, USDT, or USDC, and leave it there for at least a month.