• 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

Loyal Miner Promotes Green Energy in Cloud Mining

chest

Loyal Miner emphasizes its commitment to using green energy sources for its mining operations, enhancing sustainability.

user avatarGustavo Mendoza

Shiba Inu Burn Rate Increases by 248%

chest

Shiba Inu burn rate surged by 248% in 24 hours, with 1.428 million SHIB removed from circulation.

user avatarRajesh Kumar

CEP Shareholders Approve Merger with Twenty One Capital

chest

On December 3, shareholders of CEP approved a business merger with Twenty One Capital, paving the way for the company's initial public offering.

user avatarMiguel Rodriguez

Twenty One Capital Prepares for IPO Amid Bitcoin Concerns

chest

Twenty One Capital is preparing for its IPO in the US on December 9, moving 43,500 BTC into escrow, raising concerns about potential selling pressure on Bitcoin.

user avatarLuis Flores

Terra Luna Token Surges Following Successful Upgrade

chest

The Terra Luna token has seen a remarkable rise following the successful rollout of the Terra Chain v218 upgrade on December 8.

user avatarArif Mukhtar

Significant LUNC Token Burns Boost Terra Ecosystem Sentiment

chest

The sentiment around the Terra ecosystem has been significantly boosted by a sharp increase in LUNC token burns.

user avatarMaria Gutierrez

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.