SybilDAO is holding an Airdrop on the Goerli Testnet to showcase its innovative Zero-Knowledge protocol designed to safeguard DeFi projects from Sybil Attacks. The protocol offers various anti-fraud measures such as IP restrictions, blacklists for VPN/ToR/botnet, machine learning risk analysis, and more. It also provides an easy integration process for developers and enhances user experience by protecting against bot networks.
A Sybil attack occurs when an attacker creates multiple fake identities or wallet addresses to manipulate a network or protocol, resulting in unfair distribution of rewards. With SybilDAO, 3rd party DeFi protocols can verify on-chain addresses through their smart contracts, simplifying implementation for blockchain developers and offering a seamless experience for users. All fees generated by the protocol are distributed to $SYB token stakers on the Ethereum mainnet, with fees from layer 2 bridged back to the pool. These fees, paid in native tokens as part of the transaction fee, can be claimed in ETH by stakers of RealYield.
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About SybilDAO
Earn 100 $SYB tokens when your address is verified within their smart contract. Funds on the Testnet are used for testing purposes only and do not hold real value, but an Airdrop for early adopters on the mainnet may be upcoming. The verification process provides a simple true/false boolean response, making implementation easy for blockchain developers and ensuring a great user experience. Stakers of SYB tokens on the Ethereum mainnet will have fees from layer 2 transactions bridged back and added to the pool. These fees, paid in native tokens as part of the transaction fee, can be claimed in ETH by RealYield stakers.
Step-by-step guide
Missing airdrop steps
Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
Project links
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