2 years ago
Ukraine’s airdrop tease is prompting an influx of microdonations connected the Ethereum blockchain.
Since the state tweeted “airdrop confirmed” aboriginal Wednesday morning, Ethereum users person made thousands of donations ranging from 0.0001 ETH to 0.01 ETH (approximately $0.30 to $30) to Ukraine’s authoritative ethereum wallet, according to information from Etherscan.
Ukraine has raked successful implicit $40 cardinal successful donations since the country's Twitter relationship archetypal tweeted it would statesman accepting donations successful cryptocurrency connected Feb. 26.
The fig of unsocial wallets that donated cryptocurrency successful the 18 hours since the airdrop tweet has already surpassed the fig of unsocial wallets that donated anterior to the tweet, according to information from Dune Analytics.
The influx of donations suggests Ethereum users are trying to crippled the airdrop via a sybil onslaught connected Ukraine’s Ethereum wallet. The method typically involves 1 idiosyncratic making tiny donations from aggregate wallets, arsenic opposed to a larger donation of 1 larger sum.
The advantage, accidental experts, is that Ukraine could perchance airdrop the teased “reward” to unsocial wallets, thereby giving the proprietor of aggregate donor wallets aggregate helpings of the anticipated airdrop.
Historically, immoderate decentralized concern (DeFi) users person deployed specified a method to summation the full of their token airdrops. Now, alternatively of being utilized to crippled DeFi protocol airdrops, the method appears to beryllium successful usage to crippled the rewards for donating to geopolitical crises.
However, it is inactive unclear what enigma item(s) Ukraine volition really airdrop, oregon the criteria the state volition usage to measure eligible recipients.
For example, 1 mode Ukraine could combat specified an onslaught is to restrict airdrops lone for wallets that person donated supra a definite amount.
Ukraine has announced that a snapshot volition beryllium taken astatine 6 p.m. Kiev clip (4 p.m. UTC) connected March 3. The snapshot apt refers to a database of each wallet addresses that person donated to Ukraine’s cause. The timing besides means the Ethereum microdonations could proceed for different day.
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Tracy Wang is simply a elder newsman astatine CoinDesk. She owns BTC, ETH, MINA, ENS, assorted stablecoins, and immoderate NFTs.
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