Mad Meerkat Finance Taking a Swing at Arbitrum Expansion

zkSync: The Zero-Knowledge Scaling Solution for Ethereum 

With the recent success of the Arbitrum airdrop, where many people claimed thousands of dollars worth of $ARB tokens, the focus has shifted to zkSync, a ZK scaling solution on the Ethereum blockchain. 

The protocol recently raised almost $458 million in funding, around four times more than what Arbitrum raised. As a result, a much bigger airdrop might be coming, with a possible $10,000 up for grabs. 

 A beta version of zkSync’s Fair Onboarding Alpha was launched on 16th February 2023, and a beta version of the zkSync Era Mainnet Alpha became available on 24th March 2023. The existing zkSync 1.0 application will be renamed to zkSync Lite. 

In case you’re unfamiliar with zkSync, it’s a ZK (zero-knowledge) scaling solution for the Ethereum blockchain that aims to increase transaction speed while lowering gas fees by bridging the Ethereum chain into an L2 environment. In addition, the L2 environment will allow users to mint NFTs or swap tokens via DApps. 

As one of its purported benefits for developers, zkSync2.0 will allow developers to redeploy projects from Solidity to zkSync with little to no changes to the base code.

Currently, there is no zkSync token available. The “community-driven” approach adopted by the protocol suggests that, once the token is launched, it is still possible for these tokens to be distributed amongst the public even though an Airdrop has not been confirmed. 

Here are the top ZkSync dApps to interact with for a possible zkSync Airdrop:

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Steps to Increase Your Chances of Getting a zkSync Airdrop

Bridging assets to ZkSync Era

You can bridge some funds to ZkSync by visiting this website: zkSync wallet. 

If you need more funds, you can use other bridges to transfer funds from networks such as Polygon, BSC, Arbitrum, etc. 

Swapping and Providing Liquidity

Once your funds are already on ZkSync, it is time to make some trades. To do that, we can use the following decentralized crypto exchanges: Zigzag exchange, SpaceFi exchange, Syncswap exchange, and Mute switch.

Connect your wallet, and make some swaps. The higher the trading volume, the better. After that, you can add liquidity to SpaceFi, Syncswap, and Muteswitch.

Following that, you can either leave the liquidity on the exchange and earn rewards from swaps or remove liquidity and swap USDC to ETH again. You can earn some rewards if you let your funds stay for a while.

Minting NFTs

You can mint an NFT on ZkSync mainnet by visiting Mintsquare. You can mint an NFT by adding an image, naming it, adding a description, and clicking on mint. 

If you like any NFT collection on ZkSync, you can also purchase it. The downside is that there would be very little liquidity, and your entire investment may be lost. The best way to buy NFT on Mintsquare is to wait until you see good liquidity and traction before investing.

Other Activities on zkSync Mainnet

There are some other functions you can perform on the zkSync Mainnet that will help increase your chances of getting $ZKS airdrop.

You can also use Orbiter Finance and Rhino Finance to bridge certain ETH funds through the ZkSync native Bridge. In addition, you may be eligible for future Orbiter Finance airdrops if you use Orbiter Finance. 

Additionally, you can join the Tevaera testnet, the very first game based on zkSync. Playing this game, you can earn Karma Points, mint Citizen IDs, and mint NFT.

The zkSync airdrop presents an exciting opportunity for cryptocurrency enthusiasts to potentially earn some free tokens. As a ZK scaling solution on the Ethereum blockchain, zkSync aims to improve transaction speeds and lower gas fees, a welcome development for users looking to save on transaction costs. All in all, zkSync presents an exciting opportunity for users to explore and benefit from decentralized finance.

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What is zkSync:

zkSync is an Ether and ERC20 token transfer layer 2 solutions. The L2 protocol positions itself as an Ethereum scaling and privacy engine. The project is based on a zero-knowledge (ZK) rollup architecture that allows for “unlimited” Ethereum scaling.

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Learn more about zkSync:

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