jakiro
The airdrops that thought the benefit overnight had evolved into a war -related war.
On June 11th, for the witch review of Layerzero, Layerzero Lianchuang Bryan Pellegrino announced the final list of witch by the end of June by the X platform, and once again emphasized that the review focus is on real users and fair allocation of fair allocationEssence
The speech that seemed to be in line with the identity of the project party still aroused a sound of the community. The market was divergent for this mighty witch hunting operation.
To make clear the joints, let’s start with Layerzero.
As a cross -chain agreement, it is not an exaggeration to describe Layerzero with a golden key.
Layerzero was founded in November 2021. It was in a bull market at the time of its establishment. The capital party favored infrastructure. At that time, it was also the period for cross -chain interoperability technology.The field of data transmission is relatively blank.
Layerzero just stepped on this point. Unlike the cross -chain bridge on the market at the time, the selection prophet network replaced the traditional cross -chain continuous flow transmission, and the burden on the information transmission on the chain was outsourced to the third -party prophet machine., And adopt the form of light clients, with ease of use and low cost characteristics.
Although the founding team is Canadians, the core members have completed education in the United States, and the team has sufficient industry background.In this context, Wall Street Star FTX quickly set up the project with the project.In March 2022, Layerzero Labs, the development team of Layerzero, announced the completion of US $ 135 million in A+ round of financing jointly led by FTX Ventures, Sequoia Capital and A16Z, with a valuation of 1 billion US dollars.Capital stars shone. Less than 5 months after their establishment, Layerzero successfully ranked among the new one -horn beasts in encryption.
In the following year, under the escort of capital and the promotion of the industry KOL, Layerzero has developed rapidly, and has been integrated and used by more than 50 projects, covering multiple directions such as DEFI, NFT and stablecoins, even if FTX’s from FTXThe collapse has not affected it.In April 2023, Layerzero completed another $ 120 million in Series B financing, and the valuation rose to US $ 3 billion. In addition to the original capital, traditional capitals such as Christie’s and Samsung were also platforms.
That is, at the time, Layerzero announced that it would consider governing tokens.After this statement was released, the community responded strongly.Big capital side+high valuation+head project, this configuration often means feedback from large airdrops.Affected by this, the airdrop hunters quickly listed it as the goal.Dune data viewboard shows that since April last year, the interaction volume on the Layerzero chain has increased, and the number of transactions in a single day has exceeded 200,000, and the highest single day has soared to 490,000.High -frequency interaction not only brings dazzling data, but also brings a lot of income. Take the first cross -chain DAPP Stargate on Layerzero as an example.A product in ecology.
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With this expectation, Layerzero’s airdrop expectation has never been broken, and the airdrop information is frequently reported in the next year, but it is delayed.Finally, the timeline came to May 2 this year. Layerzero officially announced on the X platform that the first phase of the snapshot had been completed, and the market sentiment reached its peak. Many users called “the big ones are coming.”
The fact is true.According to WOO X Research, the value of airdrops carried out by Layerzero will be between 600 million and US $ 1 billion. Under conservative predictions, TGE is calculated at 4 times the valuation, the initial circulation is 15%, and the FDV is 12 billion US dollars.For $ 600 million, the value obtained by each user is between $ 750 and $ 1,500.In optimistic forecasts, calculated by 20%of circulation and 4.5 times TGE, FDV is US $ 13.5 billion, and the value of airdrops is expected to increase to US $ 1.08 billion. The average value of each user gets between 1350 and $ 2,700.
But just when the user immersed in the cheers and hoped to bless again, Layer Zero gave the user as a head -old drink.On May 3rd, Layer Zero issued an official announcement saying that the airdrop to the currency is about to be released, but to ensure the durability of the airdrop user to formulate the token distribution plan, it is expected to launch a one -month witch review operation.
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Witch review is not uncommon, especially in the airdrop, witch usually refers to the use of a large number of accounts in a single physical batch for meaningful or extremely small transactions to obtain interactive data to obtain airdrops.Considering that Layer Zero users are as high as 6 million, and to ensure the interests of the project and the user, the screening of the witch is understandable.
However, in this witch operation, an extremely weird “bounty reporting mechanism” appeared.According to the official announcement, the witch actions will be divided into three major stages. First, the self -exposure stage with a length of 14 days. At this stage, users can expose their personal witch behavior.During the censorship, Layerzero officials will conduct witch screening in accordance with specific rules within this stage, and the account discovered by the official review will not keep any vacuum quota.The most controversial is the third stage -bounty report, from May 18th to May 31st, anyone can submit a report on Github, and the successful reporter will get 10%of the reporter of the reporter.90%belong to the airdrop pool, and the reporter is not harvested.
Reporting this matter is undoubtedly a test of human nature.In fact, although everyone knows that the report cannot be maximized, but on the premise of not knowing whether there are others report themselves, according to the prisoner’s dilemma, the most suitable choice is to report others to get an additional 10%share.In this case, human nature is extremely magnified, the market has set off a wave of reporting, and various events have followed.
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The Mao Mao Studio has become the first victim. Some small studio claims that more than 200 boutique accounts are determined as witch, and even employees have obtained benefits before the company reports.Security companies are also showing their skills. The market rumors have provided 480,000 addresses to Layerzero at one time.Rumor reports are also often there. Brayerzero co -founder Bryan Pellegrino said that not every report is effective.Due to too much reporting, multiple report accounts were once considered to be spam account by Github.
Judging from the final results, the witch actions have achieved bright results. In the first round of witch exposure, there was a judgment of 803,000 addresses as potential witch, of which more than 338,000 addresses were reported as witch.Layerzero received a 3550 witch hunting report, each of which includes at least 20 address of the witch operation.During the review process, Bryan Pellegrino revealed that 3 million of the 3 million of the 6 million initial wallets were less than 5 transactions, which was lower than 1 US dollar and worthless NFT transaction weight by 80%.
Looking back at this magnificent witch hunting operation, the disputes in the market are not discussing, but the parties in it seem to make sense.
For the project, the demand for interactive interaction for airdrops is not a valid demand. After the release of the airdrop, the user’s high probability is to sell and then enter the next goal. It is not the actual construction holder.Large -scale throwing also affects the price of tokens and further hinders ecological development.The facts are exactly the same. After the snapshot, Layerzero’s daily trading volume has dropped sharply, and it has slipped to 27,000 strokes on June 7, reaching a new low in the past year.
However, for the active users or studios, the investment and use of real gold and silver has contributed the bright interactive data to the project. It also provides a sample for the project optimization.It is undoubtedly unloading the donkey.
The community is more concerned about the use of this mechanism. Is such an aggressive witch hunting worthy of admiration?For this issue, market discussions have been discussed.The favor believes that due to the responsibility of early users, the project should not be encouraged to encourage hairy behavior, and the anti -witch meets political correctness, and no user will think that he wants the witch to participate in the project; the opponent emphasizesStrict, ugly eating, if there are no hairs, it is difficult for the project to test and invest in the project, and the project will be difficult to continue.
It is quite interesting that ZKSYNC also announced the release of airdrop next week, and it did not open a large -scale witch sniper, but was also widely criticized.Among the 690,000 addresses of the airdrop, not only the airdrop rules are more vague, but there are still multiple witch addresses that have been investigated. According to the witch hunter Artemis, some mouse warehouses have obtained the same Ethereum funds on the same day and obtained the same Ethereum funds and obtained it.More than 2 million ZK tokens, and almost all accounts are marked on the list of witch lists of Layerzero.From this point of view, witch testing is necessary.
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Back to the airdrop itself, looking at the evolutionary history of the airdrop, the dependence of the project party and the Mao Mao Party’s deformity is not the first discussion.
The earliest use of airdrops was in the 14 -year Auroracoin project, and then developed in the 17 -year ICO boom, but it was not until 20 years after the rise of DEFI that Uniswap really detonated this activity.From the perspective of the development process, the airdrop has gone through the development path from easy to difficult. From the initial joining the community, it can be issued to registration, from simple interaction to deep interaction, to witch screening heavy users, mixed funds verification and other methodsEssenceNow, the airdrop can be said to be added on the roll, which is not only difficult to appear on the air investment, but the threshold of funds has also increased. Various Odyssey allows users to use PUA to describe it.
As for why the project is PUA, the reason is that most of the web3 applications are difficult to have effective demand, and early users are very scarce. In order to obtain the number of users and interactive income, the project has to use various activities to stimulate the use of users. The airdrops are the most act.Effective ways.After 20 years, the effects of the benefit of the air investment are prominent, and APECOIN, DYDX, Arbitrum, and ENS have also successfully enabled many early users to realize their dreams.
Under the influence of the benefit effect, at the beginning of the birth of the airdrop, the figure of the Wool Party was like a shadowEssenceSince its development, the difficulty of airdropping has increased the development of the Mao Party to professionalism, institutionalization, and large -scale development, forming a complete hair industry chain.The studio will be equipped with professional teams such as investment research, anti -witch technology, and interaction, and some will also have a large amount of investment into the project. From a certain perspective, the Mao Mao team has gradually become a participant in the project first -level market.
Among them, the offensive and defensive battles of the project and the Mao Mao Party continued to be staged, and the Mao Mao Party frequently appeared in the anti -撸 experience. The two maintained a tension and subtle balance.It is also the fundamental reason for the disputed of radical witch measures, but in the long run, this Layerzero’s radical bounty mechanism is still expected to be widely used in large projects.
Back to another core issue, if the irritation effect of the airdrops is not discussed, whether the project really exists in effective demand, it is still doubtful. Projects without long -term value rely on airdrops to obtain short -term users.EssenceThis is also one of the reasons why many well -known projects have continued to extend the timeline of issuing coins and adopt tough means for witch.In comparison in the Web2 industry, airdrops are quite similar to the Internet subsidy war, but airdrops are subsidies for users to invest in first and post -project, while traditional Internet subsidies are initially demand. After the formation of network advantagesAfter the subsidy is over, the naked swimming is in the final analysis, and in the final analysis, the project survival will finally return to the ability to make blood.
In any case, the increasing cost of long -term hairs is inevitable. The studio has long foreseen this. As long as the airdrops are favorable, the evolution of the studio will continue.For a single user, although the “free is the most expensive” in the secular sense, the encryption is also established, but the airdrop is indeed one of the most important ways input -output. Unfortunately, with the airdrop with capital points, the airdrops are the first airdrops.The hidden transcendence of interaction has become the main trend of airdrops. The so -called big hair interaction left by users may not be really much.
