• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
LayerZero: Token Airdrop for 1.28 Million Users

LayerZero: Token Airdrop for 1.28 Million Users

user avatar

by Eve Adams

2 years ago


The LayerZero Foundation team has launched a new service to check the eligibility for the ZRO token airdrop. This initiative has sparked significant interest in the cryptocurrency community, as 1.28 million wallets are eligible for the rewards.

LayerZero Labs CEO Brian Pellegrino noted that early users received three times more tokens compared to other participants. He also added that those who made transactions after the set snapshot received an additional 10 ZRO. This decision was made to reward active users of the platform.

Pellegrino also announced that a report on the "sybil hunting" campaign will be published on June 20, 2024. According to him, this initiative prevented sybil attackers from receiving 10 million tokens. These assets will be redistributed among the members of LZ Core, which, according to the CEO, will enhance the stability and fairness of the reward distribution.

It is worth noting that the cryptocurrency exchange KuCoin has announced the listing of ZRO tokens on June 20. This event is highly anticipated as it may significantly impact the token's value.

Additionally, it should be noted that the ZKsync project team previously announced the distribution of 3.675 billion ZK tokens, which accounts for 17.5% of the total supply of the asset. However, the community later expressed dissatisfaction with the reward distribution, leading to discussions and criticism of the project.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Crypto Industry Faces Job Cuts as AI Adoption Accelerates

chest

Major crypto firms are downsizing their workforce due to AI adoption, with significant job cuts reported across the industry.

user avatarKofi Adjeman

Egrag Crypto Predicts Bullish Surge for XRP

chest

Prominent market analyst Egrag Crypto predicts a potential price surge for XRP to $22, based on a bullish W pattern in the market.

user avatarNguyen Van Long

Concerns Rise Over Bitcoin's Correlation with SP 500

chest

Market analyst Tony Severino warns of potential Bitcoin downturn due to correlation with the SP 500.

user avatarSatoshi Nakamura

Impact of US Midterm Elections on Bitcoin Price

chest

Analysis of Bitcoin's performance during US midterm elections and its potential impact on price.

user avatarJesper Sørensen

Bitcoin Price Recovery Amid Geopolitical Tensions

chest

Bitcoin has been on a steady recovery journey over the past few weeks, with several attempts at a sustained break above the 74,000 level, despite ongoing geopolitical tensions.

user avatarRajesh Kumar

Solana Faces Mixed Signals as Price Tightens

chest

Solana's price is showing mixed signals as it tightens beneath key resistance levels, with early signs of momentum weakness emerging.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.