🔥 Essential knowledge about the primary market: Sybil attacks
Projects screen for Sybil wallets to distribute tokens to as many different real users as possible. Otherwise, a large portion of the airdrop could end up in the hands of a small number of people farming it.
Using a batch of wallets to farm an airdrop violates most projects’ rules. If you’re detected, you may end up with nothing.
$ZRO is LayerZero’s token. Before its 2024 airdrop, the project specifically screened for addresses controlled by the same person.
Anything I missed? Let’s discuss in the comments.
For documentation and sharing purposes only—not investment advice.
Projects screen for Sybil wallets to distribute tokens to as many different real users as possible. Otherwise, a large portion of the airdrop could end up in the hands of a small number of people farming it.
Using a batch of wallets to farm an airdrop violates most projects’ rules. If you’re detected, you may end up with nothing.
$ZRO is LayerZero’s token. Before its 2024 airdrop, the project specifically screened for addresses controlled by the same person.
Anything I missed? Let’s discuss in the comments.
For documentation and sharing purposes only—not investment advice.