Look at these absolute stallions, everybody in the office getting IVs and pulling an all-nighter tonight. Home stretch here. We’ll have left it all out on the field no matter what
Ok so I see a lot more anticipation for the upcoming Sybil list or "The List" as people have started to reference it as. Let me explain what this list is and what it is not -- and what we hope will come from it long term.
We started with an enormous amount of data, way more than we ever expected.
469 bonders putting up 0.5 ETH total ($1.6m bonded value)
3,800 threads created by the bonders
22,000 Clusters within the threads to be reviewed
In order to make this manageable there are a few filters we set in place to be able to quickly evaluate quality of reports and whether they were worth reviewing in depth.
First -- discard any clusters with < 20 addresses
Second -- based on our placeholder eligibility, if <30% of the wallets in a given cluster were eligible we would put it to the back of the queue for review if there was enough time
Third -- if any report flagged any of the top ~250 addresses it was quickly checked (and usually) discarded. This prevented people from cheekily sneaking in high value addresses into their clusters.
From there it's been a pure slog, as everyone has seen from my own feed it's just been a battle. Hundreds of different methodologies, thousands of clusters, often time very hard to pin down unknown contracts or qualify statistical methods -- but it's a battle that had to be fought and I'm super happy about the end result here (will write more on this later).
So the end result
This report is going to be a large scale (20+) and industrial sybil list and how it relates to @LayerZero_Labs. We think the end result will have caught a massive amount of sybil, returned a massive amount back to real users, and be an amazing piece of research groundwork laid for the community to pick up the torch.
What it WON'T be:
By the nature of time and us not evaluating accounts that were unlikely to be eligible this means there is a ton of sybil that is NOT included in our list. Amazing reports that caught or may have caught sybil clusters but since there would be no reward for them since they had no eligibility they were discarded.
This also means some low volume sybil accounts that are not included in the list who won't qualify for the core LZ distribution but will end up qualifying for some small amounts of RFPs. The issue with evaluating these is some of them have 1, 2, or 5 tx on LayerZero and when you're getting to that point the risk of false positives is much MUCH higher and we chose to err on the side protecting real users as much as possible and minimizing false positive risk. It's a tradeoff to make but we think the most practical one given the end goal.
What we hope happens from here --
The @commondotxyz forum now has a permanent log of all 3,800 threads and 22,000 clusters. This is an INCREDIBLE resource and probably one of the greatest all time wide endeavours in combatting sybil. Our focus was on LZ related sybil but tons of the remaining may have high degrees of connection external to LZ with barely any LZ usage. We very much hope the effort continues after our portion is done and the torch is picked up and a final list is put together from the community. We would even be happy to issue a grant for a group to continue this work as it seems like an incredible resource to be wasted.
I have absolutely blown away by the amazing research conducted by so many incredible analysts and sleuths. I have endless appreciation for all of you and hope everyone knows we have absolutely killed ourselves in pursuit of paying proper respect to the work you have done and getting through as many reports as possible (team was all here until 4am reviewing reports last night and back in first thing in the morning to continue reviewing).
My thanks to all of you, we will have the final results available for public review this weekend and look forward to feedback and anything missed
🫡
I $@&$ing love people
I realize that a lot of this feedback atm is people talking their own self interest but just a massive effort from a ton of people all directed at 1 thing
Bounty hunters have been amazing
Community is amazing
Our team has been amazing
Love everyone
The #zkscam team says that you who are unhappy are robots, and it's funny that they lie like that. We are not robots, we are unhappy with the status quo and injustice in distribution.
@TheZKNation@zksync#zksyncscam
@justinsuntron I’m not eligible, my total wallet balance 1,5k , in zksync 80$ , have nft , hove more 80 tx , official bridge. But this wallets eligible, you are scammers !!!! https://t.co/aQoJeQaOly
@TheZKNation I’m not bot , but I’m not eligible, my total wallet balance 1,5k , in zksync 80$ , have nft , hove more 80 tx , official bridge. But this wallets eligible, you are scammers !!!! https://t.co/aQoJeQaOly
@TheZKNation I’m not bot , but I’m not eligible, my total wallet balance 1,5k , in zksync 80$ , have nft , hove more 80 tx , official bridge. But this wallets eligible, you are scammers !!!! https://t.co/aQoJeQagw0
This zkSync drama is getting too toxic, so this is my last tweet on it
I'm just pointing out the reality, not trying to get your airdrop slashed. Take a deep breath, read the tweet, and be happy
Despite being an avid user, I didn’t receive the allocation
I’ve held around $3k on-chain for 15 months, provided $1k LP on SyncSwap for a year, $500 on EraLend (which got hacked last year) and maybe $100-$200 on zkSwap
I’m a top-ranked player on Tevaera
Top ranked trader on Satori
Yet, some folks who started 5 months ago with $32 in LP are receiving 50k zk
Maybe my wallet is considered sybil?
It's 3 years old and has Arb, Pyth, Manta, Mode, Zeta, HMX, and many others
Guess what? I even got zkSwap airdrop, Hold, zkApes, yea, all of them are on zkSync
And then there are the stats that “don’t matter”
If using many dapps on zk was bad, why brag about the number of projects on-chain?
If too many transactions were bad, why celebrate ATH in total txs?
I provided LP, but disqualifying people for not providing is kinda crazy, it’s a blockchain, not a restaking platform.
And then there's the team lying:
- No min balance required but it was
- Sybils aren’t demons; they should be rewarded (yup, co-founder said it)
- We will use Nansen to filter, but they didn’t. There are around 130k flagged sybil wallets on L0 eligible for zkSync
- Fair distribution?
68% of the entire airdrop was claimed by less than 2%.
Think about it, governance is decentralized by 2%
If you pause for a second and really dig deep you can see that it wasn't proportional
There's a guy with 10 txs and 3k on chain that got max allocation while I know someone that had 12k in LP that got 37k allocation
A little bit a transparency would be cool, I mean, that's why we are in crypto, it's all about transparency
That's all I wanted to say, God bless y'all 😙
@zksync@zkSyncDevs@TheZKNation !! what did you do. you are scammers and manipulators. you simply offended every honest user. I will no longer use your network on principle. look at what they did and tell as many people as possible about it. @laurashin @0xsebastiena
Scamers
Introducing the ZK Token
Checker → https://t.co/O2UonCvfzi
Announcement → https://t.co/hjgI14PHoi
Docs → https://t.co/taWBoCnfbc
It’s time to put the ZK token into the hands of the community. It’s your turn to govern ZKsync’s future.
@zksync@zkSyncDevs@TheZKNation !! what did you do. you are scammers and manipulators. you simply offended every honest user. I will no longer use your network on principle. look at what they did and tell as many people as possible about it. @laurashin @0xsebastiena
Scamers
#zkscam
Exposing the airdrop or how the ZkSync team stole our tokens.
- Ours, because without us, they wouldn't exist.
official snapshot date was announced to be March 24th.
They distributed 10,000 $ZK to holders of the "Pudgy Penguins" collection.
But the most interesting part is that a day before the snapshot, this collection was bought out for $57,600 (16 ETH).
Interestingly, the collection initially dropped by $28,000 (8 ETH), and suddenly they decided to buy it.
Are these insiders or people within the team simply appropriating them for themselves?
If ZkSync truly speaks about the community -> do a fair redistribution, not what we saw today.
Facts on how zkSync can rectify the situation and make the community happy
I calculated how #zkSync could make an additional 728,408 users happy
zkSync made a big mistake by setting the maximum reward threshold at 100,000 tokens, causing a large part of the community to feel left out and miss the airdrop. This decision also killed the decentralization they talked so much about.
They could have distributed a base reward of 950 tokens and made a huge number of users happy.
If they had limited the maximum rewards to 30,000 tokens:
• 728,408 eligible
Total: 1,419,124 eligible
If they set the threshold at 50,000 tokens:
• 388,452 eligible
Total: 1,079,168 eligible
I don’t know why the team made this decision, but there is no mention here of the decentralization that the team talked so much about.
Help spread this information so the team reconsiders their decision!
Calculations used the official table of eligible wallets:
GitHub Link
@Yogi13031997@stonecoldpat0@TrustlessState@Caneleo55@heycape_@0x_Lens@gluk64
@zksync@zkSyncDevs@TheZKNation !! what did you do. you are scammers and manipulators. you simply offended every honest user. I will no longer use your network on principle. look at what they did and tell as many people as possible about it. @laurashin @0xsebastiena
Scamers
135,000,000 ZK for all sybils from the initial LZ Sybils list.
I hope ZkSync fixes their eligibility list and disqualifies sybils from it.
And say thank you to LayerZero Lab and Brian for their sybil hunting initiative.
https://t.co/RCEa6geO3c
@zksync@zkSyncDevs@TheZKNation !! what did you do. you are scammers and manipulators. you simply offended every honest user. I will no longer use your network on principle. look at what they did and tell as many people as possible about it. @laurashin @0xsebastiena
Scamers