• 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

a year 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

XRP Ledger Enhances Functionality by Removing Directory Limit

chest

The XRP Ledger has implemented the fixDirectoryLimit amendment, removing the hard cap on the number of items in a directory, enhancing transaction efficiency.

user avatarElias Mukuru

Meta Unveils New AI Models to Challenge Google and OpenAI

chest

Meta is set to launch two new AI models, Mango and Avocado, in the first half of 2026, to compete with Google's Gemini tools and OpenAI's image systems.

user avatarKenji Takahashi

Google Launches Gemini 3 Flash to Enhance AI Accessibility

chest

Google has launched Gemini 3 Flash, a new AI model designed to run faster and at a lower cost, making advanced AI capabilities available to a wider audience.

user avatarDiego Alvarez

Coinbase Expands Derivatives Access with Meme Coins Included

chest

Coinbase has launched US perpetual-style futures trading for Dogecoin and Shiba Inu, marking a significant moment for meme coins in the regulated crypto derivatives market.

user avatarMaria Fernandez

Erebor Bank's Rapid Approval Highlights Strategic Model

chest

Erebor Bank's expedited approval timeline reflects confidence in its model, contrasting sharply with typical regulatory processes.

user avatarJacob Williams

Mixed Industry Response to Coinbase's New Security Initiatives

chest

Mixed industry reactions to Coinbase's new security initiatives announced by Brian Armstrong, with some praising the focus on security and others expressing skepticism.

user avatarGustavo Mendoza

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.