OpenBlock Operation

Posted on Apr 24, 2023Read on Mirror.xyz

iZiswap Campaign Guide (Week 1) - Step-by-Step Guide to Receive Potential zkSync Airdrop

iZUMi Finance recently raised $20 million in funding, and its decentralized exchange iZiSwap has officially launched on the zkSync Era. To celebrate the partnership with zkSync, iZiSwap has launched two rewarding campaigns. One is an early liquidity provision campaign to encourage early users to participate. Not only can users receive LP fees and zkSync potential airdrops, but iZUMi will also provide an additional 10% of zkSync airdrops to early users. The other is a four-week event in partnership with Galxe, where users can mint an NFT after completing tasks. Recently, everyone in the crypto community has been participating in various chain airdrop activities, and the zkSync airdrop is the focus of attention. Today, we will guide you on how to interact with zkSync through iZiSwap, participate in airdrop activities, and earn additional income at the same time. Two birds with one stone.

Preparation Guide:

  1. Prepare the Wallet: In this guide, I will be using the OpenBlock wallet. The parent company of OpenBlock, Bixin Group, is an investor in iZUMi. After logging in, the user's wallet will automatically be set up on more than 30 different chains, and it supports creating multiple wallets for different chains, making it THE tool for participating in airdrop activities. Compared to traditional wallets, OpenBlock uses more advanced MPC technology, so users don't have to worry about complicated private key storage or hacker attacks. They only need to keep an MPC unit to control their wallets on more than 30 different chains. Add the OpenBlock plugin (after dapp embedding is completed in the future, participation in airdrops can be done without the plugin), and in the following steps of use, click the Metamask icon to automatically link the OpenBlock wallet to any steps that require a wallet connection.

Adding zkSync Chain to OpenBlock Wallet:

1. Click "Add"

2. Search zkSync, add zkSync chain

2. Cross-Chain:

Before starting the tasks, the assets need to be transferred to the zkSync Era chain. Here, I recommend two ways of cross-chain transfer: the official zkSync bridge and Orbiter. Using the official bridge is a must-do because, based on the airdrop requirements of several previous chains, it's a great way to increase the chances of receiving the airdrop by transferring assets through the official bridge. However, the official bridge takes a longer time, so it is also recommended to use Orbiter for cross-chain asset transfer, which is faster (Note: there are many false tutorials related to Orbiter's transfer, so please be mindful).

Official bridge:

1. Visit the Era bridge and click on the Metamask icon. (After adding the OpenBlock plugin, for all steps of connecting the wallet, click on the Metamask icon, and it will automatically connect to the OpenBlock wallet).

2. Select the assets and the amount you want to move (it is recommended to prepare at least 0.25 ETH and some USDC). Click on Deposit, and you can also choose to transfer to other wallet addresses on zkSync Era through the cross-chain bridge.

Orbiter:

  1. Visit Orbiter, click on Connect Wallet, click on the Metamask icon and it will automatically connect to the OpenBlock wallet

2. Select the assets and the amount you want to move, click on SEND

After transferring your assets to zkSync Era, we can start completing the tasks!

Galxe Guide:

Galxe Campaign page: https://galxe.com/izumi/campaign/GCiLQU6RLe

Campaign Details: This is a four-week event held by iZiSwap on Galxe starting from April 20th. There are different tasks every week, and users can earn points by completing them. Each task corresponds to different points. Users who complete the tasks can mint a unique NFT. Currently, it is the first week of Treasure Hunt Week, which has just begun.

Campaign Reward:

  • Weekly $iZi Airdrop Lucky Draw (Total of 1.5M $iZi )

  • Silver Swapper: Swap value 50~500 USD in a week (not limited to specific trading pairs). 800 eligible users will be drawn, each to win 200 $iZi tokens.

  • Platinum Trader: Swap value over 500 USD in a week (not limited to specific trading pairs). 100 eligible users will be drawn, each to win 1200 $iZi tokens.

  • Golden Hand: Add a LP value 50~500 USD and stake at least 3 days. 100 eligible users will be drawn, each to win 400 $iZi tokens.

  • Diamond LP: Add a LP value over 500 USD and stake at least 3 days.. 30 eligible users will be drawn, each to win 2000 $iZi tokens. Regarding potential $zkSync token airdrop event in the future iZiSwap promises to share 50% of the potential $zkSync airdrop it gets to all the participants who had finished at least one on-chain task, and will distribute rewards based on the percentage of each participant’s points among the total points.

Steps:

  1. Visit iZiSwap, connect to your wallet

2. First, you can complete the tasks of the Silver Swapper and Platinum Trader. I recommend to swap ETH and USDC, which can be used to complete the Golden Hand, Diamond LP, and another liquidity provider early bird event provided by iZUMi later. You don't need to exchange more than $500 at once, and you can exchange multiple times within a week to increase the activity of your account. Enter the amount of assets you want to exchange, and click Swap.

3. After a successful swap, you can check the transaction records through the zkSync Era block explorer. Swapping tokens worth between 50 to 500 USD completes the Silver Swapper's task while swapping tokens worth over 500 USD completes the Platinum Trader's task.

4. After swapping the tokens, you can add liquidity to complete the LP tasks. Click on Liquidity on the left side,Choose Add Liquidity

5. Choose the trading pair that you would like to provide liquidity. Here, we take ETH-USDC as an example. Choose the fee level of 0.20%. Here we choose to provide 200 USDC to meet the requirements of the Golden Hand task, which is to add LP value between 50-500 USD and stake for at least 3 days. You can also choose to provide over 500 USD to meet the requirements of the Diamond LP task (Pro level). Click Approve USDC to authorize the USDC token.

6. Click on Create to provide liquidity

7. You can check your LP position on the liquidity page, collect fees, add liquidity, or remove liquidity. Note that the task of providing LP requires a minimum staking period of 3 days. You need to wait at least 3 days to remove liquidity to complete the task.

8. After completing the above tasks, it can be considered that you have completed the main tasks of the first week of Galxe. You can claim the corresponding NFT and points through the Galxe page. For example, if you want to claim the NFT for swapping more than $50, click on Verify. A snapshot is taken every 24 hours.

9. If you encounter the following error while claiming the NFT, you can enter your OpenBlock wallet, click Approval - Web Approval, search for Galxe, click De-authorize, and then link to Galxe again.


Early Liquidity Supporter Campaign:

This early bird campaign was launched by iZUMi to thank and motivate early liquidity providers. 10% of iZUMi's potential zkSync token airdrop in the future will be rewarded to early liquidity providers.

Campaign Details: Provide at least [0.5 ETH + 1,000 USDC] liquidity in the ETH-USDC pool for at least 30 days (cumulative), and the first 200 addresses will be eligible.

Reward Distribution: The allocation will be calculated based on [TVL * (total staking time)] in LP. The larger the TVL and the longer the staking time, the higher the allocation weight the address will receive. At least 30 days of cumulative staking is required. Any time period exceeding 30 days will still be included in the allocation. To ensure fairness, the maximum upper limit of LP TVL is 50 ETH. Any value exceeding 50 ETH will not be included in the allocation. The maximum upper limit of staking time is 90 days. Any time period exceeding 90 days will not be included in the allocation.

Steps:

  1. Add liquidity on iZiSwap: https://zksync.izumi.finance/add-liquidity

  2. Follow the steps to add liquidity as shown above. Note that the minimum staking time for this task is at least 30 days of cumulative staking.

There are other projects on the zkSync Era ecosystem that you can participate in, and we will continue to keep an eye on them and bring you more detailed tutorials! Join our Discord (https://discord.gg/EhsKYbvtJx) to get the latest updates on each tutorial and meet fellow members!

To learn more, you can follow our social media: OpenBlock Official Twitter (EN): https://twitter.com/OpenBlockWallet OpenBlock Official Twitter (CN): https://twitter.com/OpenBlockCN OpenBlock Mirror: https://mirror.xyz/0x054a948bD54a17419dF6bfFac05a64beFF62C51B OpenBlock Telegram: https://web.telegram.org/k/#@openblockwallet