Recently, an AirDrop robot Lootbot appeared in the encryption community, which is said to be able to automatically complete various operations, saving users the time of manually interacting with various protocols. Is it so magical? What are the risks of using it? ABMedia takes you to find out!
Brush AirDrop robot Lootbot instruction
As the name suggests, Lootbot is a robot used on Telegram to help users automatically complete the operation of swiping AirDrop. After the user only needs to complete some pre-work, he can put the mobile phone aside and let it operate automatically. The following will be a step-by-step operation teaching.
Step 1: User Verification
First of all, after the user opens Lootbot on Telegram, they will first see the user usage data and verification screen, click the bottom button and enter the invitation code to start using it.
Note: If you do not have an invitation code, you can use ABMedia: oqc4h8

After the input is successful, the rules of use will pop up. After confirming that there is no problem, you can click "Accept" to proceed to the next step.
Step 2: Select a blockchain
Then Lootbot will ask the user which blockchain the user wants to send the AirDrop on, and there are five options in total. However, only zkSync can be selected at present, and others are under development, so this article will select zkSync for example description.

Step 3: Add a new wallet
After clicking zkSync, the following screen will appear, first click "Wallets" to add a wallet.

Then you can choose to create a new wallet (Creat Wallet) or import a wallet (Import Wallet). It is recommended to choose to suggest a new wallet is safer. The maximum number of new wallets is 10, and it will be created automatically after filling in the required number.

At this time, Lootbot will display the address and private key of the created wallet. At this time, the funds of the AirDrop can be transferred to this address, and at least 0.1 ETH is required.
Step 4: Fund cross-chain
After depositing enough funds, you can click "Start Looting" to start the AirDrop.

However, since the newly created wallet does not yet have funds on zkSync, it needs to perform cross-chain actions first. At this time, Lootbot will ask what proportion of funds to transfer from the wallet, and the minimum cross-chain amount is 0.04 ETH.

After selecting the ratio, Lootbot will automatically operate and cross-chain through the zkSync Portal. This process will take a few minutes, and Lootbot will automatically notify you when it is completed, and attach the transaction record.

Step 5: Automatically refresh the AirDrop
After step 4 is completed, Lootbot will also display the following screen.
The first part is to explain the basic data such as the cross-chain amount of the user's wallet, how many smart contracts are interacted with, and the number of transactions.
The second part is the description of the process of Lootbot’s automatic AirDrop, in order:
- Cross-chain ETH to zkSync Era through zkSync Portal.
- Convert ETH to USDC through SyncSwap.
- Then convert USDC to zkUSD.
- Add USDC/zkUSD liquidity to SyncSwap.
Lootbot will do this part of the operation automatically, so you need to manually operate until step 4 is over.
However, the speed of the automatic operation is not very fast. According to the actual measurement of ABMedia, it takes about an hour to perform the second operation after crossing the chain. After the operation is completed, Lootbot will also automatically notify.
The last part is a preview of the protocol operations that can be performed on Lootbot in the future. The official said that it is expected to be added gradually within 1-2 weeks.

Note: Lootbot is currently free to use, and a paid mechanism is expected to be added in the future.
Is Lootbot Safe Enough?
According to Lootbot’s official website , the development team of this robot is unknown, and it only lists the endorsement of several encrypted KOLs and AirDrop hunters. This part is one of the hidden concerns.

In addition, because Lootbot is used for automatic operations, the Lootbot team will obtain the private key of the user's wallet, so there are also risks of centralization and Rug Pull.
Therefore, if you want to try, it is recommended not to put too much money. At the same time, the wallet created on Lootbot can also be imported into the browser wallet. After the AirDrop process is completed, if you are worried about the risk of funds, you can immediately transfer the funds to the wallet you usually use.
Introducing the Lootbot Token: LOOT
Shortly after the official launch of Lootbot, the team also issued tokens, the token name is LOOT, and the total amount is 10 million.
According to the official statement, LOOT holders can reduce the Lootbot subscription fee by 50% in the future, and get 25% of the fee sharing and 5% of the recommender's income. In addition, if the LOOT is destroyed and converted into xLOOT, a higher proportion of profit can be obtained.

The price of LOOT was around $0.2 on the day of release, but just yesterday, Uniswap’s NFT product manager Scott expressed his optimism for Lootbot on Twitter, converting all 20ETH into LOOT, which also encouraged the community and raised the price of LOOT. It rose above $1 for a short time, and the current market value of LOOT is about $6.7 million.






