Key points:

• Starknet is one of the layer 2 projects that the community is anticipating will continue to airdrop.
• By interacting with the project’s ecosystem, we can get in early.

Ethereum has the potential to alter the Internet, but its slow transaction speed and high gas prices disadvantage developers and consumers. Over the long haul, it compromises Ethereum’s status as the Web3 establishment. Ethereum’s scalability is being improved in numerous ways, most notably through the use of layer 2 chains. One such project that StarkWare developed is StarkNet.

Arbitrum’s massive airdrop has recently brought attention to Layers 2. StarkNet and other Layer 2 initiatives’ airdrop capabilities have begun to be questioned by users.

In this article, Coincu talks about the best way to qualify for the next airdrop of StarkNet, which could be a zk-rollup-based Layer 2 network on Ethereum.

We’ll walk you through the apps and bridges you should use once the airdrop is live in this step-by-step guide.

What is Starknet?

StarkNet is a ZK-Rollup-style solution for Ethereum layer 2 security. Any dApp can run, function, and expand indefinitely without putting Ethereum’s ability to aggregate and protect in jeopardy due to StarkNet’s dependence on the STARK system, StarkWare’s technological development.

The Cairo programming language is used to create the project contract and operating system. This makes it possible to deploy and scale dApps or smart contracts without having to use business logic.

Why does Starknet have airdrop potential?

This project is worth $8 billion and has raised hundreds of millions of dollars through funding rounds.

When evaluating an airdrop, there are numerous aspects to take into consideration. The possibility that the project will ever carry out an airdrop should then be taken into consideration. The difficulty of participating in the project’s airdrop campaigns and the allocation of tokens for them are then examined.

Additionally, the token’s usefulness must be taken into consideration to ensure that participating in the airdrop serves a real purpose. Lastly, when evaluating an airdrop, check to see if the tokens distributed are subject to a lockup period.

Probability of an Airdrop: The fact that the method for distributing tokens is being actively developed by the StarkNet Foundation suggests the possibility of an airdrop.

Transfer of Tokens: There are 10 billion STRK tokens in circulation, with investors receiving 17 percent, core contributors receiving 32.9%, and the StarkNet Foundation receiving 50.1%.

Airdrop Difficulty: The snapshot window is coming to an end because the mainnet is about to start. However, there are indications that a second snapshot will occur following the launch of the mainnet; therefore, make the most of the mainnet.

Token Usage: The STRK token serves three main purposes: staking to participate in transaction fee payment, governance and voting, and StarkNet’s consensus methods.

Token Lockdown: For a period of four years, the tokens that are given to shareholders, employees, and independent software developers will be locked.

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Conditions to participate in the airdrop

To be eligible for the StarkNet airdrop, you need to have an Ethereum address. Next, connect to various network apps on your PC or mobile device by utilizing either the MetaMask or TrustWallet applications.

You must follow the steps below in order to be eligible for the most STRK tokens. In order to obtain the maximum number of airdrop tokens, which may total more than $10,000, we anticipate that interacting with each of these apps will cost between $100 and $200, depending on gas prices.

Instructions on how to get the airdrop

Use Argent X Wallet

MetaMask is currently unable to interact with the StarkNet Layer 2 network because it does not support the Alpha Mainnet. StarkNet can only be accessed through the Argent X wallet. With over 400,000 users, Argent X, the initial StarkNet wallet, is widely used as the primary ecosystem wallet. StarkWare Labs, Paragim, and Index Ventures are just a few of the prominent investors who are behind it. Both Mozilla Firefox and Google Chrome support the Argent X browser extension. After that, you can use Argent X to exchange, send and receive payments, and locate new NFTs.

Bridge to StarkNet

The ability to connect to the StarkNet network via the Ethereum mainnet is anticipated to be one of the initial eligibility requirements. To accomplish this, we suggest making use of StarkGate, the official bridge that was developed and put into use by the StarkWare team. Simply link your wallet and send ETH tokens from the mainnet to StarkNet, and once the airdrop is active, you should receive some tokens. Small quantities ought to be sufficient as long as you utilize the bridge frequently.

You can also use another bridge, like Orbiter Finance, to get money out of StarkNet. In the event that one of the bridging platforms is covered by the airdrop, the use of two serves as a safety precaution. Additionally, using both bridges may result in a higher multiplier for the StarkNet airdrop.

Trade on a 10KSwap

Now that you have bridged tokens to StarkNet, we recommend that you use a native DEX like 10KSwap. Transferring tokens on the StarkNet network in safety is made possible by this AMM and UniSwap fork. Simply connect your wallet and select two tokens to trade here.

To be included in the snapshot, it is suggested that tokens be exchanged frequently and that pools be supplied with liquidity. As a result, you stand a better chance of getting the airdrop.

Interact with zkLend

zkLend is the native money market for the StarkNet ecosystem. To meet all requirements for the airdrop, consider storing and loaning cash to acquire returns, like commonplace DeFi programs like AAVE or Compound. Additionally, zkLend will soon conduct its own airdrop.

Trade on Brine Finance

Brine Finance is yet another decentralized exchange on StarkNet that differs from typical AMMs in that it functions as a standard order book exchange. Again, the airdrop technique is simple: link your MetaMask Wallet and execute a few transactions to guarantee you match this eligibility criterion.

MintSquare is an NFT platform that works with StarkNet and zkSync. Any image’s supporting media can be uploaded to make an NFT. Make sure to switch the network from zkSync to StarkNet. Give it a name and a few qualities, then, at that point, click mint. On StarkNet, you have just received a brand-new NFT.

Mint Domain

To mint the domain using Starknet.id, follow these steps:

Enter the desired domain name by going to Domains.
Enter a brand-new domain if the current one is already in use. Otherwise, the domain may be mintable if it is available.
Pick the quantity of years you wish to hold the Space (the bigger the quantity of years, the higher the cost)
To set a space name for your StarkNet wallet, click “Register from L2.”

Notes when performing airdrop

Some of you will use tricks like cheats, use bots to trade for volume, and create multiple wallets if you follow this tutorial on how to airdrop Starknet. Be careful, though, as the project will be thoroughly checked in the future. More specifically, the wallets that employ the trick will filter and eliminate, wasting our time and effort.