Yuga Labs is the development team behind the famous NFT project Bored Ape Yacht Club (BAYC). Recently, there have been reports that Yuga Labs is in negotiations with a16z to raise an investment with a company valuation of up to $5 billion.
Currently, the ecosystem of Yuga Labs' projects includes: BAYC (Bored Ape Yacht Club) MAYC (Mutant Ape Yacht Club), CryptoPunks,...
In addition, the Yuga Labs project has raised over $450 million with a valuation of $4 billion from top-tier investment funds such as a16z, Animoca Brands, Coinbase Ventures,...
Recently, the Yuga Labs team has launched a new testnet chain, operating as a Layer 2 network that allows users to participate in early experiences to have a chance to receive an Airdrop.
Recently, the Layer 2 Movement has airdropped each user from a few hundred to a few thousand dollars. In the past, other Layer 2 projects have also airdropped, such as Arbitrum, Optimism, Manta, Starknet, LayerZero, zkSync, Scroll,.. There are projects that airdrop "generously" with a few thousand dollars per wallet, and as time goes on, Layer 2 projects filter out cheaters more strictly.
Factors needed to avoid being bot-filtered or banned when farming Layer 2 projects:
+ Hold at least $50 in the wallet in the form of ETH (~0.015 $ETH is optimal)
+ Perform at least 100 swap orders and should swap on multiple different DEX platforms to have a chance to receive additional airdrops from DEX projects in the Layer 2 ecosystem.
+ Should add at least 3 liquidity pools, prioritizing large liquidity pools such as $ETH - $USDT, $ETH - $USDC, $ETH - $DAI,... (However, when adding liquidity, you should pay attention to Impermanent Loss, read more about Impermanent Loss here)
For projects that are in the testnet phase, the cost is almost zero, so take the opportunity to experience them early!
Guide to experiencing Layer 2 Curtis developed by the Yuga Labs team
Step 1: Access the link here https://chainlist.org/chain/421614 and then perform Connect Wallet => Select Add to Metamask to add the Arbitrum Sepolia network to your wallet.
Step 2: Access the link here https://www.alchemy.com/faucets/arbitrum-sepolia and then enter your wallet address to perform the $ETH faucet on the Arbitrum Sepolia network.
Step 3: Open your Metamask wallet => Select the 3 dots in the top right corner => Select Security and Privacy => Add a custom network.
Access the link here https://curtis.hub.caldera.xyz/ to get the information to fill in the Curtis network as shown in the image below.
Step 4: Select the Faucet section => Enter your wallet address => Select Request to receive free $APE testnet tokens.
Then, you can bridge the $APE back from the Arbitrum Sepolia network to the Curtis network.