• 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 Market Experiences Dip Following Iran's Closure of Strait of Hormuz

chest

The cryptocurrency market faced a decline after Iran announced the closure of the Strait of Hormuz, impacting digital asset prices.

user avatarNguyen Van Long

Michael Saylor's Strategy Plans Major Bitcoin Acquisition

chest

Michael Saylor's company, Strategy, is preparing for a significant Bitcoin purchase, potentially exceeding previous acquisitions.

user avatarSatoshi Nakamura

Bitcoin Mining Sector Faces Critical Health Metrics

chest

The Bitcoin mining sector is facing critical health metrics, indicating potential challenges for miners.

user avatarJesper Sørensen

Proposed Clarity Act Aims to Enhance XRP Adoption

chest

The proposed Clarity Act aims to define rules around crypto assets, potentially accelerating XRP's adoption.

user avatarLucas Weissmann

US Regulators Classify XRP, Bitcoin, and Ethereum as Digital Commodities

chest

US regulators classify XRP, Bitcoin, and Ethereum as digital commodities, marking a significant regulatory shift.

user avatarRajesh Kumar

Alibaba's AI Model Predicts XRP Could Exceed $7 This Year

chest

Alibaba's AI model predicts XRP could exceed $7 this year.

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.