Layer Zero — Low cost
It’s not a topic you’ve seen repeatedly
A really optimized low-cost strategy, with a little touch of alpha and, above all, realistic. Stop believing you can grow LayerZero with $15.
Cost: $ 50
2/ As for #zkSync, I’m not selling a dream…
This strategy will be effective in being eligible for a more modest airdrop if #LayerZero make a tiered system like #Arbitrum
Tell me in the comment if you’re interested in a higher-level but more expensive strategy
3/ What we will do in this topic:
▫️Buy $STG — Stargate Tokens ▫️Stake them to get eligible in snapshots Setup e-mail notification to not miss any vote ▫️Make a bridge loop to use at least 6 different blockchains Continue to make bridges ▫️▫️over time at a lower cost
4/ AIRDROP STRATEGY
Fund your wallet
Buy $50 of ETH from any CEX like #Binance
Sent your ETH to Metamask on Arbitrum chain
5/ Go to sushi.com/swap?fromChain…
Buy 10 STG — $6.35 (fees $0.37)
Buy 5 USDC (fees $0.37)
Keep remaining ETH for next step fees
Sushi Swap, earn, stack yields, lend, borrow & leverage, all on one decentralized, community driven platform. Welcome home to DeFi. Here
6/ Buy and Stake $STG
Go to stargate.finance/stake
Under ‘Avalaible’ click in your STG
Set staking duration for 36 months to get more than 10 veSTG Voting Power
Click ‘Create Stake’
Approve your STG (fees $0.035)
Accept Staking transaction (fees $0.035)
Stargate A fully composable native asset bridge with unified liquidity and instant guaranteed finality built on top of LayerZero https://stargate.finance/stake
7/ SNAPSHOT
Now it’s time for a little trick
Go to snapshot.org/#/stgdao.eth
Click on any vote (example velodrome)
Then Click on HAL Logo
HAL page will open
Snapshot
Edit description
8/ Press SIGN UP to create an account with your email address
Now in the TRIGGER tab check the ”Started” box then press CONTINUE In second tab press ‘EMAIL Send an email’
Fill in the last box with your email address and press ‘Signup and Create’ Button
9/ Congratulations, now you will be notified by email as soon as a voting snapshot opens 📩
These votes can be very important for an eventual #airdrop, it proves your participation in ecosystem’s decision I announce them all on Twitter
10/ ARB-POLYGON BRIDGE
For each bridge, we will add gas on destination which will be used to pay for the new bridge
You did not understand ? No problem, follow the tutorial it will seem clearer to you
11/ Go to stargate.finance/transfer
Transfer your 5 USDC from ARB Chain to USDC in Polygon Chain
Set manually gas on destination to $15 approx (around 17 MATIC as i write)
Press ‘TRANSFER’ and approve each TX
Stargate A fully composite native asset bridge with unified liquidity and instant guaranteed completion built on LayerZero https://stargate.finance/transfer 12/ The bridge takes about 5 minutes
Don’t worry, sometimes the network gets quite congested and some transactions are pending for up to 4 hours
If you notice that your transaction remains pending for several minutes, close it and come back later
13/ POLYGON OF BRIDGE-OPTIMISM
You’ve received your USDC and 17 MATIC, now it’s time to make the bridge to Optimism
For the amount to be sent as previous, it is 5 USDC (press MAX)
We will try to send as much gasoline as possible to the destination, so as not to leave too much money in the way
How?
14/ Open the gas configuration function as before
Enter an ETH value corresponding to your available MATIC
“Insufficient gas..” error message will appear
Decrease the amount of ETH until you no longer receive this message
When everything is fine, press “Transfer”, approve and confirm the Image Image bridge
15/ 1st TX to approve USDC will pass smoothly
When the Metamask pop-up opens for the 2nd transaction (bridge), a message may say that you do not have enough fuel Reject this transaction, decrease the value of the ‘gas at the destination’ a little more and try again to send TX
16/ OPTIMISM-FTM BRIDGE
Repeat the same process, send USDC maximum from OPTIMISM to FTM
Set the fuel manually at the destination (check the following tweet for this one) 🔸Press TRANSFER and approve TXs
17/ Bridges to and from Optimism are expensive, so feel free to descend a little further than usual
For example, the website says I can send 22.5 MTW of gas at the destination, but I have to go down to 20 MTW for my two transactions to be completed
18/ plus 3 BRIDGES to close the loop
MTW to AVALANCHE
Repeat the same process, send USDC maximum FTM to AVALANCHE
Set gasoline manually at destination
Press TRANSFER and approve TXs
19/ AVALANCHE to BNB Chain
Send maximum USDC from AVALANCHE to USDT on BNB Chain
Set gasoline manually at destination
Press TRANSFER and approve TXs
20/ BNB Chain to ARBITRUM
Send maximum current from USDT BNB to USDC in Arbitrum
Set gasoline manually at destination
Press TRANSFER and approve TXs
21/ Your wallet is ready
You have :
▫️Purchased, then bet $20STG
▫️Used the Stargate bridge on 6 different blockchains
You have about $20 left to cover the gas fees and $5 USDC, which will be used in the next step
22/ Now, as with all airdrop strategies, the goal will be to remain consistent
Use the cheapest bridges to make at least one transfer every 2 weeks (or once a week if you can)
Use the Transfer Gas Estimator below (to be consulted in real time)
23/ Consult this site to make your transfers when the price of gas is low
https://ethereumprice.org/gas/
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