• 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

Latent Profits in Bitcoin Market Dwindle Amidst Correction

chest

Analysis by Darkfost reveals that Bitcoin's Net Unrealized Profit/Loss (NUPL) metric indicates a significant decline in latent profits, suggesting a bear phase.

user avatarMaria Gutierrez

Bitcoin Price Stabilization Signals Caution for Investors

chest

Market expert Joao Wedson suggests that now is not the ideal time to buy Bitcoin despite signs of stabilization in onchain metrics.

user avatarDavid Robinson

Future Projections for XRP's Price Movement

chest

Hov outlines potential future price targets for XRP, suggesting a bullish outlook if certain conditions are met.

user avatarAndrew Smith

FOCIL Protocol to Strengthen Ethereum's Scaling Efforts

chest

The FOCIL protocol is set for inclusion in Ethereum's scaling roadmap, aiming to enhance the network's throughput and reduce reliance on validator altruism.

user avatarJacob Williams

Ethereum Enters Phase of Structural Reconstruction

chest

Ethereum is transitioning from incremental upgrades to a more fundamental transformation of its core architecture.

user avatarZainab Kamara

Parsec Analytics Firm Shuts Down After Five Years

chest

Onchain analytics firm Parsec has announced its closure after five years in the business, signaling a significant shift in the crypto tool market.

user avatarSon Min-ho

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.