Key Takeaway:
- Ethereum scaling solution zkSync faces criticism over lack of anti-Sybil measures for ZK token airdrop
- Sybil attacks may compromise airdrop, leading to unfair token distribution and market instability
- zkSync plans to airdrop nearly 3.68 billion tokens with eligibility criteria to mitigate risks
- Critics claim airdrop criteria are easily exploitable by farmers, potentially leading to unfair distribution
- Concerns raised over potential loss of 135 million ZK tokens to Sybil addresses
Lack of Anti-Sybil Measures in ZK Token Airdrop
Ethereum scaling solution zkSync is facing backlash for its ZK token airdrop due to the absence of anti-Sybil measures. Industry experts fear that Sybil attacks could jeopardize the airdrop, resulting in unfair token distribution and instability in the market.
Risk Mitigation Criteria for Airdrop Eligibility
zkSync announced plans to airdrop nearly 3.68 billion tokens, with specific eligibility criteria designed to counteract Sybil attacks. These criteria include engaging with smart contracts, trading ERC-20 tokens, and participating in DeFi protocols. Critics argue that these criteria are easily exploitable by farmers, potentially undermining the airdrop’s fairness.
Concerns Over Potential Token Loss to Sybil Addresses
Notable figures in the cryptocurrency community have raised concerns about the possible loss of 135 million ZK tokens to Sybil addresses during the airdrop. Polygon’s Mudit Gupta criticized the airdrop as highly farmable, emphasizing the need for effective Sybil filtering to prevent exploitation by malicious actors.