After the article How to Hunt Retroactive for Lazy People received a lot of support from everyone, Weakhand will continue to bring readers a strategy for hunting retroactive zkSync and Starknet with the most specific and economical steps.
Why Is It Necessary to Have a Strategy When Hunting Retroactive?
Retroactive is seen by many people as a good profit-making channel during the downtrend period because the general situation of the market at this time is to reduce prices, however not everyone has a reasonable strategy to hunt for retroactive projects. that I chose earlier to save time, money and effort.
So in this article Weakhand will bring a strategy to hunt for retroactive 2 key projects, zkSync and Starknet, but in this process, people will use projects that do not have tokens on these 2 ecosystems. so it will come with the opportunity to receive additional small airdrops in the near future.
This strategy will help people focus on the main projects of the two ecosystems instead of wandering around doing too many things without achieving the best results, wasting time and money in transaction fees. The path I take will revolve around the Ethereum network instead of other Blockchains with cheaper fees to increase the chance of retroactivity but will also reduce transaction fees if people do not choose a suitable time to do it.
Retroactive zkSync and Starknet Hunting Tactics
I will start with zkSync then go to Starknet because the current zkSync network is much faster and cheaper than Starknet, but everyone can also reverse this process to their liking.
I will also use ETH as the main asset to hunt for retroactives because when using stablecoins like USDC or USDT, you will have to pay higher transaction fees and be supported by fewer protocols on both networks.
Step 1: Transfer assets to zkSync
- To withdraw ETH from CEX exchanges to the Ethereum network, people can use OKX exchange for the cheapest withdrawal fee.
- Visit: https://portal.zksync.io/
- To transfer ETH from Ethereum to zkSync, people can watch the gas level below 30 on the gastracker site early in the morning to make the fee cheaper.
Step 2: Swap and provide liquidity on SyncSwap
After having ETH on the zkSync network, people go to SyncSwap to trade to create volume as well as provide liquidity on this platform. SyncSwap has also confirmed that it will launch tokens in the future, so the possibility of receiving an airdrop is very high. High.
- Visit: https://syncswap.xyz/swap.
- Conducting swaps as well as providing liquidity, in the liquidity provision step, people can choose a pair of stablecoins to hold for a long time without worrying about Impermanent Loss.
Step 3: Trade spot and derivatives on Mes Protocol
Mes Protocol is an order book exchange that allows users to trade cross chain very conveniently and easily. Currently, Mes only allows the use of spot products, but everyone should also pay attention to the project’s perp products in the future.
- Visit: https://app.mesprotocol.com/.
- Proceed to deposit and trade.
Step 4: Buy and sell NFTs on Element
In a blockchain ecosystem, NFTs are indispensable, so everyone should not forget to participate in buying and selling on the only NFT Marketplace currently called Element.
- Visit: https://element.market.
- Connect to zkSync Era mainnet and conduct NFT trading.
Step 5: Transfer assets back to Ethereum
After skin in the game on zkSync, everyone needs to transfer assets back to Ethereum to continue using Starknet in the next steps.
- Visit: https://jumper.exchange/.
- When transferring assets back to Ethereum, everyone should note that it is necessary to transfer ETH to avoid asset loss because other tokens such as USDT or USDC are experiencing sharp price drops.
Step 6: Install Braavos wallet
According to my personal experience at the present time, Braavos wallet has the best interface and smoothness so everyone can download and use it.
- Install Braavos wallet through the Chrome extension store.
- Proceed to create a wallet and store 12 characters.
- Mint a domain name by accessing Profile -> Setting -> Register Domain (do this step after the ETH fee).
- In addition, people can also join Crew3 of Braavos to increase the rate of receiving airdrops here.
Step 7: Transfer assets to Starknet
Everyone will use the Starkgate bridge built by the Starknet team to increase the possibility of receiving retroacitve in the future.
- Visit: https://starkgate.starknet.io/.
- Connect to Metamask wallet on Ethereum network and Braavos wallet on Starknet network.
- Proceed to transfer ETH to Starknet.
Step 8: Trade on Myswap
Myswap is currently a DEX based on TVL ranked in the top 3 on Starknet after Jediswap and 10Kswap. However, the reason I chose this project as a place to trade is because the project’s relationship with the Starknet team is higher than the other two projects. remaining.
- Visit: https://www.myswap.xyz/#/.
- To conduct transactions and provide liquidity, similar to SyncSwap, people should provide a pair of stablecoins to avoid Impermanent Loss.
Step 9: Trade NFTs on Aspect
- Visit: https://aspect.co/.
- Connect to Braavos wallet and buy and sell NFTs on Aspect.
Step 10: Transfer ETH back to Ethereum
After finishing skin in the game on Starknet, people can transfer ETH back to Ethereum via Orbiter to continue repeating the above strategy from step 1 or reload assets to CEX exchanges.
- Visit: https://www.orbiter.finance/.
- Connect to Braavos wallet and transfer money.
Summary
After completing the above steps, everyone can receive a round of retroactives from 2 large projects zkSync and Starknet along with 8 other projects on these 2 ecosystems.
Hopefully, through the retroactive hunting strategy article zkSync and Starknet Weakhand will give everyone a way to play to save time, money and get great results.
