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How to verify your L2 airdrop score

Rhino.fi offers an interesting tool that helps you determine your potential eligibility for an airdrop from the new layer2 networks.

On the site, you can click on “Trackers”, select the network and input your address.

Based on your transaction history on that chain, Rhino will give you a score and you have the possibility to run a simulation. While a good score does not guarantee and airdrop, it will let you know what interactions with the platform you can do to better your chances.

Besides this functionality, Rhino offers a bridge with reasonable fees. In the following example, it would cost 1.7 USDC to bridge from Scroll to ZkSync Era:

You can also check our article about owlto for other bridging possibilities.

Other interesting platform for checking your level:

rubyscore displays the level you reached for each network and lets you claim level NFTs that will help you generate more transactions and level up.

netlify gives you a comprehensive summary of your status based on previous airdrops.

Rainbow wallet

Are you looking for an offline wallet for your Web3 journey? Besides the famous metamask, there are a lot of new wallets that are getting traction and support.

Rainbow is an open source self-custodial wallet for the Ethereum stack. You can download it as an application or as a browser plugin. You can even pair it with your hardware wallet.

What’s special about Rainbow is that it has a points system that rewards users that already use the Ethereum stack for swapping and other transactions, even if you don’t use the Rainbow wallet yet! You can check it out and see if you have any points ready to claim!

Cost of bridging on Ethereum L2

In this article we will go over the fees for bridging your assets from one L2 chain to another. We will use the owlto bridge, which is offering a discount for now.

We will transfer some USDC from Mantle to Scroll networks. Using owlto is straightforward, you select the asset you want to transfer and choose the source and destination chain:

On the next step you can verify the details:

We can see that the bridge fee if free for now, but there’s a destination cost of 1.5 USDC.

Once we Confirm and send, we have to pay the gas fees on the Mantle network in MNT:

Don’t rely on the values shown in metamask for now because the final gas fee will be much higher. Probably there’s a UI error or the real price of MNT in metamask is not accurate. Also, metamask shows the gas price on L2, but does not show the actual transaction fee.

Once the transaction is complete, owlto provides us with the transaction links on the mantle scanner and scroll scanner. We can check the details over there to get the exact fees:

On Mantle:

On Scroll:

So in total here’s how much it costs:

0.1287 MNT

1.5 USDC

0.0001437 ETH

At today’s price it’s around 1.99 $ in total fees. It’s acceptable for the amount transferred, but if we want to transfer a smaller amount, the fee is roughly the same, so you will have to see if it’s worth it. In the future, the platform will start charging a bridging fee so that’s something to consider too. Also we have to take notice that these fees will vary depending on each network’s congestion.

Fluxbot review

Some notes

  • Fluxbot is a new Telegram trading bot for the Solana ecosystem. It is a self custodial wallet.
  • The private key can be imported in another wallet. We successfully imported it to phantom wallet.
  • It uses Jupiter for DCA and other dex for swapping (Raydium, fluxbeam, etc…)
  • We can’t modfiy slippage for every transaction.
  • We can’t see a readable transaction history, we have to go to https://solscan.io/

FLUXB token usage:

The native token is not used for transaction fees, so there is no real demand for the token. However, holders of at least 1000 FLUXB token get “reflections”. In short, they get rewarded with a part of the fees generated by the platform. The more there are accounts above 1000, the less your balance becomes compared to the total number of FluxB pool so the less rewards you get. This will incentivize people to hold more tokens,

Reflections depend on the success of the platform, so marketing and adoption are a must. What distinguishes Fluxbot is the copy trader and sniper feature. However as more platforms start offering the same features for the Solana ecosystem, the fees will have to be lowered to stay competitive which will decrease the reflections as well.

What sets apart fluxb is the AI chatbot part. If the chatbot becomes more interactive and personal, users will become more attached to using it, so this is one path towards success.

We went on to test the AI assistant.

In the first example, we asked the assistant to convert 1$ worth of solana to fluxb token:

It replied insufficient balance although we have 1$ worth of solana in the balance. Probably it though we meant 1 SOLANA, so we rephrased it with the amount in solana:

This time it understood and prepared the right transaction. The next step is to test wether the AI bot remembers our discussion, so let’s ask him to buy FLYXB using PYTH, but let’s do it a bit vaguely to see the level of interaction:

We see that the bot assumed we wanted to buy pyth instead of fluxb, not buy pyth instead of fluxb. Our statement was vague and confusing and we expected the bot to ask which option it should choose. However we were a bit more specific:

We can see that the bot is following closely the conversion and was able to correct the transaction.

Overall, the assistant is satisfactory for a first version and some more improvements should be on the way.

We tried to take it a step further and ask the bot to modify the slippage on the fly:

But it still used the predefined slippage from the settings.

How to activate your Zksync Lite account

You received or bridged some tokens to zksync Lite network and you need to activate your account to be able to use it. We will walk you through the steps.

Let’s first recap the purpose of zksync and the different confusing terminologies.

ZKSync Lite (v1) is an Ethereum layer 2 scaling solution that leverages zero-knowledge proofs to provide faster and more affordable transactions while upholding a high degree of security. It enables users to transfer a portion of their Ethereum mainnet transactions to a sidechain, which lowers transaction fees and congestion.

Zksync era (v2) is the next generation of zksync Lite that is a full zkEVM similar to Polygon zkEVM but with different and more advanced features. It will allow the execution of compatible Ethereum smart contracts to run on top of it. These contracts can communicate with other contracts on the Ethereum network.

Back to zkSync Lite and how to activate the account upon receiving funds. Usually, if the account has not been activated yet, any transaction initiation should ask for the activation transaction to run beforehand. However, some integrated platform do not support this feature, so we have to do it with the native tools.

The first step is to navigate to zkSync Lite dapp: zkSync Wallet | zkSync: secure, scalable crypto payments

Once your wallet connected on the ethereum chain, you can see your balance on the Layer2.

Before activation, it is a requirement to have already received an amount via a bridge or a transfer. zkSync Lite needs to acivate the account to get our public key.

The price of activation is variable, so it’s important that you pick a time when it is low. You can view the real time price here: https://zkscan.io/

There is no button to simply activate the account, it has to be done with a transaction. One way to launch the activation is to send a small amount of ETH back to yourseIf, it will prompt you to activate your account by signing the transaction in your wallet. Verify the details, including the activation fee and gas fee.

Once this is completed, your account is active and you can use it on any platform.

Now you are set to use your account. Ready to bridge your assets? You could use Owlto finance