Generated with sparks and insights from 63 sources

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Introduction

  • Merkly's Role: Merkly is an airdrop tool that has been associated with the LayerZero airdrop, often referred to as a 'Sybil Tool' by LayerZero Labs.

  • Claiming Process: To claim the LayerZero airdrop, users need to visit the official airdrop site, connect their active cryptocurrency wallet, and follow the on-screen prompts to claim their tokens.

  • Selling Airdrop Tokens: Historical data suggests that the best time to sell airdrop tokens is within the first 14 days of receiving them, as 46% of the biggest airdrops recorded peak token prices during this period.

  • Eligibility Criteria: To qualify for the LayerZero airdrop, users need to meet specific criteria such as average volume, fees spent, L0 message count, and active months.

  • Merkly's Statement: Merkly has issued an official statement regarding their involvement in the LayerZero situation, addressing concerns about being labeled a 'Sybil Tool'.

Claiming LayerZero Airdrop [1]

  • Step 1: Open the Airdrop Site: Visit the LayerZero airdrop website to start the claiming process.

  • Step 2: Connect Your Wallet: Ensure your cryptocurrency wallet is compatible and properly connected to the LayerZero airdrop platform.

  • Step 3: Claim Your Tokens: Follow the on-screen prompts to claim your LayerZero airdrop tokens. The tokens will be deposited into your wallet upon confirmation.

  • Additional Resources: For detailed instructions, refer to guides available on Medium and other crypto forums.

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Selling Airdrop Tokens [2]

  • Optimal Selling Time: The best time to sell airdrop tokens is within the first 14 days of receiving them.

  • Historical Data: 46% of the biggest airdrops recorded peak token prices during the first two weeks.

  • Market Trends: Monitor market trends and token performance to decide the best time to sell.

  • Risk Management: Consider potential market volatility and set realistic profit targets.

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Eligibility Criteria [3]

  • Average Volume: Users need to have a certain average volume of transactions.

  • Fees Spent: The amount of fees spent on transactions is a criterion.

  • L0 Message Count: A minimum of 15 L0 messages is required.

  • Active Months: Users need to be active for a specified number of months.

  • Token Allocation: Allocations range from a minimum of 50 to 100 tokens to a maximum of 5,000 to 10,000 tokens.

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Merkly's Role [4]

  • Airdrop Tool: Merkly is known as an airdrop tool used by many participants.

  • Sybil Tool Allegations: LayerZero Labs has referred to Merkly as a 'Sybil Tool'.

  • Userbase: Merkly has a significant userbase involved in various airdrop activities.

  • Advisory Role: CC2, an airdrop farmer and Merkly advisor, has provided insights on maximizing token rewards.

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Official Statements [4]

  • Merkly's Statement: Merkly has addressed concerns about being labeled a 'Sybil Tool' by LayerZero Labs.

  • Community Engagement: Merkly has engaged with its userbase to clarify its role and involvement in the LayerZero airdrop.

  • Transparency: Merkly emphasizes transparency in its operations and advisory roles.

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Related Videos

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<div class="-md-ext-youtube-widget"> { "title": "LayerZero and zkSync Airdrop UPDATE (Sybil Farming DRAMA)", "link": "https://www.youtube.com/watch?v=F3CF3lxDl5w", "channel": { "name": ""}, "published_date": "1 month ago", "length": "" }</div>

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