1) Since ZZ grant gitcoin program is not active for a long time, it’s NOT a good idea (I see a lot of proposals with such criteria) to make it required for the airdrop.
Because those, who started using ZZ 1 month ago, for example, and became active users didn’t have a physical possibility to provide gitcoin donates.
But to make it as bonus/additional reward makes sense.

2)Let’s give bonus rewards to early users, who started to support ZZ a few months ago (5-6), for example

3)Trading volume also has value. More volume is more risk. Especially for early users.

    1) ZigZag’s Gitcoin grant was open during GR12 and made us win the round. It attracted quite a lot of a attention. Understood that you do not want that as a reuquirement.

    3) What do you mean by more risk?

      Snapshots for airdrops are often weeks or months before a token is released, and that’s a good idea, so I’m not concerned at all about new users. Same goes for people who made a few trades in Nov/Dec and then disappeared.

      Of course Gitcoin shouldn’t be 100% required to receive anything, but it could be used as a multiplier for wallets that qualify as users.

      I would exclude anyone who donated $1 because that’s just too spammy, but at least it should be proportional to the donation size.

      Optimism excluded zkSync and Polygon donors in their Gitcoin section of their OP drop because those chains were massively spammed by airdrop farmers… I think they made a mistake though, because they should have used a min donation amount instead of only counting L1. It could have been $100 per round or whatever (ANY size donation on L1 to any project got the full airdrop credit, which was not huge but important because getting into that category allowed you to get enough categories to get into a big bonus tier….

      Julian
      1) The main goal of the ZZ exchange is to provide services on l2. Let’s primarily reward users who made transactions and helped to achieve the goal.
      Gitcoin is closed for the last 2-3 months., so it’s a bad idea to make it as required. Because many active users appeared during (look at the screen #2) this time and used ZZ not for airdrop but for personal usage <- here we can say that ZZ goal was achieved.

      Active users, who made many transactions provided more value for testing ZZ. Even they didn’t donate, especially when they didn’t have time, because gitcoin was already closed.
      Looking at the screen it becomes clear the highest number of users was in April and all of them didn’t have time for donations (because gitcoin was already closed), but they used ZZ and made it more popular.

      So, If ZZ will reward not for useful activities (transactions) but for donates only it will be very strange in relation to active users
      So, gitcoin may be a good bonus reward but not required.

      2) About rewards for volume trading and ‘more risk’ meaning.
      More volume is more liquidity. More liquidity is more users.
      No liquidity - no transactions and no users

        I think it’s fair enough to consider a gitcoin contributor to zigzag specifically as a multiplier / factor or something. Ditto with any other financial assistance people provided - people who were either generous or took a risk on the project obviously believe in it.

        4709

        Proposal:

        all current $zz holder - share 60% of the airdrop

        Gitcoin donors - share 20% of the airdrop

        Dex traders - share 15% of the airdrop

        • LP providers - share 5% of the Airdrop.

        Reason:

        The transaction history is no longer useful as there are too many bots

        We need to filter the real supporters and make the $zz token more valuable. The current holders of $zz got the token through IDO which lasted more than 1 day, it gave a very long time and effectively excluded the people who do not believe in the project in long term, because “no time to participate” is not an excuse for this IDO. By sharing the airdrop, it rewards the real believers of Zigzag

        If anyone wants to against giving airdrop to current holders, they have to purchase the $zz in market so that they can vote against, and that further increases the value of $zz. It will be a positive cycle.

        The multiple for zz holders wouldn’t be much of a difference between small holders and big bag holders. So not to favor the whales.

          I genuinely used it to trade stable coins as it’s faster and cheaper

          3 months later
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