• 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

Calls for More Transparency in Stablecoins

chest

Calls for increased transparency and audits in the stablecoin ecosystem by Justin Sun to restore trust and ensure strong governance.

user avatarMaria Gutierrez

Justin Sun Praises DIFC Courts for Asset Freeze

chest

Justin Sun praises DIFC Courts for freezing $456 million in assets belonging to Aria Commodities DMCC, emphasizing the need for accountability in the crypto world.

user avatarArif Mukhtar

Staking Trends on the Rise Among Solana Investors

chest

Staking trends are rising among institutional and high-net-worth Solana investors, reflecting growing trust in the protocol's performance.

user avatarKofi Adjeman

LivLive Offers Black Friday 300% PowerUp Bonus

chest

LivLive introduces a special Black Friday promotion allowing buyers to multiply their token purchases significantly.

user avatarNguyen Van Long

Winners Announced for Web3 Unleashed Hackathon

chest

Bybit and DMCC announced the winners of the Web3 Unleashed 3 Hackathon, awarding USD 140,000 to five innovative projects from 90 teams, highlighting Dubai's role in decentralized technology.

user avatarSatoshi Nakamura

Potential Risks of Using YieldBasis

chest

While YieldBasis offers a solution to impermanent loss, users must remain vigilant about potential risks.

user avatarAyman Ben Youssef

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.