Solana teases: LFG airdrop is supposed to poach Ethereum users

Price development and network growth have recently reinforced Solana’s label as an “Ethereum killer”. By poaching users, they now want to further reduce the gap to the largest smart contract platform. Anyone who registers in time should benefit from the airdrop of the new token LFG. The abbreviation stands for “Less Fees and Gas” – a declaration of war on the sometimes costly use of the Ethereum network. “Vampire attacks” are the names of methods that compensate for moving from one platform to another. And also attract fraudsters.

Be careful when registering for airdrops

As a type of promotional gift, airdrop tokens are not only cheaper to produce, but also more effective than a pen or calendar. Users must meet certain requirements, such as having purchased other coins in advance or traded on a platform, and register in a timely manner. There are some considerable profits in return. Airdrops like JTO’s can yield thousands of dollars in returns.

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If you want to qualify for the LFG airdrop, you should take a closer look. Apparently there are fake sites. On Twitter follower X reported Bill Lou said he “just got scammed out of 125,000 StEth” while trying to “claim the LFG airdrop.” He was redirected to a Medium post via a phishing link. Lou is co-founder of wallet provider Nestwallet. However, he used Metamask to log in.

Also the project itself warns on X now from scammers: “We know that there are several scam accounts posing as us.” You should “not click on links from any other site” and be “careful of scammers”.

“Ethereum killer” Solana gets serious

“Less Fees and Gas” is a swipe at Ethereum in two respects. It’s not just the name that mocks Ethereum’s scaling problem. Eligible for the airdrop are users who have “spent at least $4,269 on gas and interacted with at least one major ETH protocol.” Anyone who has spent such large amounts on transaction fees alone could be seduced by Solana’s lure.

A total of 387,000 wallets are eligible for the 400 billion LFG tokens unlocked for the airdrop. The registration period is scheduled to end in one month. “All unclaimed LFG will be burned after this time”. Over 45,000 wallets have now registered for the airdrop.

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