• 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

Wedbush Securities Optimistic About Apple Stock Under New CEO

chest

Wedbush Securities expresses confidence in Apple stock's performance under new CEO John Ternus, predicting a surge with a new price target of $350.

user avatarFilippo Romano

Tim Cook Steps Down as CEO of Apple, John Ternus to Succeed

chest

Tim Cook announced his resignation as CEO of Apple after 15 years, with John Ternus set to take over on September 1, 2026.

user avatarEmily Carter

WhiteBIT Extends Partnership with FC Barcelona Until 2030

chest

WhiteBIT has renewed its partnership with FC Barcelona until 2030, focusing on integrating digital assets into sports and enhancing fan engagement.

user avatarTomas Novak

Coinbase to Introduce Trade at Settlement Option for XRP Futures.

chest

Coinbase is set to launch a new Trade at Settlement feature for XRP futures on May 1, aimed at attracting institutional investors and improving liquidity.

user avatarKaterina Papadopoulou

XRP Ledger Enhances Institutional Adoption with ZK Proof Technology

chest

XRPL Commons announced the addition of zero-knowledge proof technology to the XRP Ledger, enhancing onchain privacy for institutional adoption.

user avatarMaya Lundqvist

Google's Eighth-Generation TPU Chips Set to Enhance Performance

chest

Google introduces eighth-generation TPU chips expected to deliver double the performance, enhancing processing power and competitive edge.

user avatarLeo van der Veen

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.