LayerZero protocol is one of the most promising projects that we have seen in exchange Interoperability space. Unlike other layer-1 protocols, in this space most blockchains exist in a closed ecosystem. You can only use the projects and platforms within that ecosystem. This is the issue that LayerZero is trying to solve. They are doing this by taking a completely new approach which allows applications to interact with multiple blockchains simultaneously. You can use D4 applications that use the full security of Ethereum while executing small transactions over on Solana with their almost instant speed.
LayerZero protocol currently doesn’t have any token, but they have raised almost $255 million funds from investors like Alameda Research, Sequoia Capital, Andreessen Horowitz, PayPal.
LayerZero Protocol Free Airdrop is one of the biggest upcoming airdrops. To participate in this airdrop, follow the instructions mentioned below.
Step-by-step LayerZero Protocol Free Airdrop Guidelines:
- Install wallet (MetaMask) and add some Ethereum in it.
- Buy a small amount of $STG tokens from the cheapest network like BSC or Arbitrum instead of Ethereum and stake them on Stargate.
- To stake $STG token you can pick the shortest length of staking around 1 month.
- Next go to snapshot which is the leading platform of StarGate DAO and pick any active proposals, read it and then cast your vote there.
- Now visit StarGate bridge , click on transfer, transfer any tokens between two exchanges.
- Also visit other bridges make by LayerZero
Two main bridges are
- As these bridges are made of Aptos, you must set up a separate Aptos wallet(Pontem Network Wallet).
- After setup Pontem Wallet, buy small amount of $APT from any decentralized exchange and send them to your Aptosm wallet.
- Then go to the LiquidSwap bridge, connect both wallets (MetaMask, Pontem), then use the bridge to bridge some tokens over to the Aptos Network I.e., Bridge from Arbitum over the Aptos Network.
- Now go to the AptosBridge, connect both wallets (MetaMask, Pontem), transfer Ethereum from arbitrum to Aptos
Perfect, both transactions have been done
- Now visit Sushi,set Ethereum to Arbitrum network pick a pair and swap them.
- Last step is tried Circle USDC cross-chain demo. Visit USDCdemo, click on Faucet USDC and Faucet ETH buttons at bottom to get some testnet ETH and USDC, then move some USDC testnet tokens over the bridge.
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