Proposal - "Who Can Vote in a Decentralized Linea?"

Token Design
21

You suggested 500 LXP treshold knowing there are comparatively more sybils in the range 500-2000 LXP, than in the range 2000+ and you’re trying to argue and defend your idea. The logic is degraded, and you’re loking for small nonexistent facts in my comments.

Threshold must be 1500+, this is the desire of the majority of community, we don’t need 500k sybils, better to distribute worthy rewards among valuavle members with 1.5k+ LXP rather than sharing peanuts with a big squad of worthless sybil wallets as you proposed, who barely hold 500+ LXP

23

Thanks for continuing. I was attacked by bots, and now I can come back.

You may have misunderstood me.

  • First, the threshold of 500 I mentioned first is after applying the multiplier and conditions, not the usual LXP points, and 500 is just an example, in fact only Linea team can decide. I have replied to a comment above and you can review it.
  • Second, I have read and consulted Linea’s discord, X, forums,… before daring to put forward this idea. And I see that most people who propose a certain LXP threshold do so because they want to increase the LXP position they have, not to propose a method to filter out all bots. The threshold you mentioned is simply the type of sybil with a small amount of LXP and real users. My way is to find the sybil no matter how many LXPs he has. You insist that I ignore the sybil with small LXPs, which is unreasonable.

For example:

  1. A has 20 accounts and each wallet has 2000 LXP because he bought NFTs from the sale and only participated in low-fee events after Dencun, so is A a sybil? Your 1500 threshold doesn’t catch him.
  2. B has 1 account with 1400 LXP from participating in events from the first day with low LXP allocation and quite high gas fees, doing testnet and holding NFTs (made by himself, not bought). And remember, testnet NFTs have to pass Linea’s Human-First Campaign Using Gitcoin Passport (only early adopters go through it, a friend above reminded me). It’s no coincidence that NFT voyages are included in POH later.
    So is B a sybil? Yet your 1500 threshold has eliminated him.

I hope you will find the errors in my reasoning in the above example and correct them, otherwise I have explained to the best of my ability to make you understand. :blue_heart:

24

Let’s see how much efforts and necessary steps required to build a sybil wallet during testnet:
In the conclusion, we will find the answer:

During that time, it was very difficult to get enough testnet ETH to participate in the Linea testnet activities. Many people struggled to find free testnet ETH on platforms like Infura, Alchemy, and other faucets. We had to resort to buying testnet ETH from LayerZero’s testnet bridge.

Even if a malicious actor managed to acquire enough testnet ETH, it would be highly unlikely for them to successfully claim Alpha, Beta, and Gamma edition NFTs. These events were extremely competitive, and completing all the tasks required for these NFTs was very time-consuming.

While it’s possible for someone to manage a large number of wallets, it’s not easy, and we can implement measures to reduce the risk of sybil attacks. Although we can’t eliminate this risk entirely, we can certainly minimize it.

Mostly, sybils has very less testnet activity, got Omega, Delta and some wallets got gamma edition NFT by actually completion of Galaxy tasks. But has less liquidity to distribute and perform tasks for every single wallets during testnet.

Do you think 100s of wallet can perform testnet tasks in that situation, who have done that time knows better how hectic those days were, transactions failed, gas fees even needed 1+ eth, most of the time high traffic load.

Sybils mostly bought Nfts from secondary marketplace and pro-actively involved after Dencun upgrade. Also, check how actively any wallet involved during testnet compare to mainnet. Also, check If they there any Eth mainnet activity and when wallet created. Duration of holding liquidity before dencun and after Dencun. Has Gitcoin score 20+, Current Total LXP - LXP acquired from Purchased NFT + LXP acquired after Dencun upgrade.

As seen before, mostly team checks how community participated and contributed in their ecosystem through onchain activity and providing LP without try to cheat system.

2000 LXP or even 1200-1500 LXP can be minimum with some mandatory condition have to full filled like activity count : transactions, gas fees spent, official bridge used with minimum threshold and minimum testnet activity to be eligible, etc.

More Points can be added. @bigironchris

2 Likes
25

If A has 20 wallets with 2000lxp because he bought nfts, A is already rekt and can’t even make his money back even after the airdrop.

26

Thanks for your great comments.
I agree with you and I’m also trying to compile it into a scoreboard using multipliers and many conditions to filter. I’ll include it in this post when I’m done. Please follow and give me more comments :handshake:

27

Thank you for coming back.
It’s not hard to buy Voyage NFTs in a sale before the snapshot (you can review the prices on Bilinear) and with the events after Dencun (a lot of LXP, cheap gas fees), 2000 LXP is no problem for sybil.
Sybil can spend a large amount of money to build a farm and if he is successful, the initial capital is quite easy to earn back. If you know you know.

28

To get 2000 lxps from buying nfts is already a loss in my opinion because, most people staked the nfts, some people payed thousands of dollars just to be given 3000lxps. There are people with about 1000s of nfts but got less than 7000lxps, I am 100% sure they can’t make their money back. People that bought nfts are reckt only small minority with 1 or two big nfts like alpha and beta are less affected.

30

Linea team has never forced anyone to buy NFTs. It’s all DYOR , you buy many NFTs, you are responsible. Besides, the allocation of LXP to NFTs holders according to the logarithmic method that Linea team offers is very fair. LXP cannot be priced yet, so buying NFTs is not necessarily a loss.
Importantly, in addition to purchasing NFTs, you need to make a clear contribution to the network .
Sybil will split the capital to buy NFT for many accounts and then take advantage of Dencun to raise LXP to a certain level.
If a wallet is considered a real user, in addition to buying NFTs, he must also care about the events before Dencun. If he were a whale, instead of buying a lot of NFTs at the risk of capital loss, he would add liquidity (receive LXP-L) to be safer.
Thanks.

31

You definitely don’t know what you are saying, so there is no point to continue this conversation with you. I agree with some of your points but about the Nfts you’re completely wrong, they initially said you can stack up the nfts not using algorithm but linearly and they deceived the buyers that trusted them. Can you tell me how someone that spent $25k on buying nfts is not rekt from 6k lxp allocation? are you trying to tell me that 6000lxps can be worth even half of the money? Or are you telling me someone that spent $3k with 2000lxps is not rekt. For your information they bought those nfts with money, they believe in the project and listen to the initial promise that they will receive a linea allocation. The Nfts were bought with money, at the end of the day we’re all here for money. They were never forced but that was never what they were promised.

32

I agree with you, I think that we should appreciate the activities of wallets as much as possible before Dencun, after then hundreds of thousands of people entered the network, farming it only on the drop

1 Like
33

Listen to me this time, maybe you misunderstood me.

First, you say “if A has 20 wallets with 2000 LXP because he bought NFTs then he rekt.”
Ans: A only needs to buy a few NFTs per wallet and harvest LXP from after Dencun to earn more than 2000 LXPs. So A has 20*2000 ~ 40,000 LXPs. You say A rekt? I don’t think so.

Next, YOU mention people who buy a lot of NFTs (“spend thousands of dollars buying NFTs”, “buy 1000 NFTs”) in a single wallet and they rekt.
Ans: They are in the top 1%. They are definitely not sybils. I will temporarily call them D (max 7317 LXPs)

  • A does not rekt and he will beat D with a huge amount of LXP. So I’m trying to eliminate sybil A to protect group D.
    If you own a wallet that “spends $25,000 on NFTs and only gets 6000 LXPs”, I’m protecting you from the sybil who has 20 wallets with around 40,000 LXP. So why are you against me?

If you disagree with the logarithmic method, please read Mirror Linea or ask the mods to understand more. But what you’re arguing with me is a different story, my friend. :blue_heart:

34

Thank you. Hopefully you will come back to give me feedback as I complete the proposal summary. :handshake:

35

Please include one more criteria which Layerzero included in their airdrop criteria which is Average Transaction volume to prevent fake transactions and wash trading. Transaction should be with valid reason. Not just sake of 0.1$ to 1$ worth of swap to increase on-chain activity. If anyone swap at least any reasonable 100$+ worth of swap, probably he has to pay gas fees and also slippage. Minimum Average transaction volume must be included. @bigironchris

36

I believe it is more reasonable to distribute tokens based on the weighting of rankings from LXP and LXP-L.

37

sybil this is the biggest problem.
Most of the 2000lxp wallets that have appeared since Linea park belong to them.

The problem is that there are more than half a million of them

2 Likes
39

Filter sybil first and allocate later.

40

Thank you.
Yes, that’s why I found a way to conditionally filter instead of using a fixed threshold like 2000.

41

Thanks for this suggestion. :+1:
Linea team is continuing to filter bots, and I believe they will do well.