Tag: airdrop farming

In June 2024, LayerZero removed 803,273 wallets, 59% of all claimants before its ZRO airdrop after identifying them as Sybil clusters. zkSync ran no comparable filter and its token fell ...

Before any major blockchain upgrade goes live, it runs on a testnet, a parallel version of the network where developers hunt for bugs using tokens that have no real value. ...

Analysis of Fabric Protocol's ROBO airdrop reveals that approximately 40% of the 199 million distributed tokens—worth roughly $8 million—were claimed by a single coordinated entity across 7,000 wallets. The concentration ...