• 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

Options Traders Anticipate Bitcoin to Stay Below $66,000

chest

Options traders in the Bitcoin market are pricing in a significant chance that Bitcoin will remain under $66,000 through late April, reflecting a shift in market sentiment.

user avatarGustavo Mendoza

US NonFarm Payrolls Report Expected to Influence Crypto Markets

chest

The upcoming US NonFarm Payrolls report is anticipated to be a significant catalyst for crypto price movements.

user avatarRajesh Kumar

Transparency in Bitcoin Holdings Enhances Investor Trust

chest

LM Funding America's public disclosure of its Bitcoin holdings and mining costs fosters trust and accountability among investors.

user avatarMiguel Rodriguez

LMFA Holds 3547 Bitcoin, Showcasing Strategic Growth

chest

Nasdaq-listed LM Funding America confirms it holds 3547 Bitcoin as of February, reflecting its operational performance and strategic asset accumulation.

user avatarLuis Flores

VisionX Engine Introduced to Enhance AMLCFT Monitoring

chest

MetaComp has launched the VisionX Engine to enhance AML/CFT compliance through multilayered risk monitoring, significantly reducing false clean rates.

user avatarArif Mukhtar

KYA Framework Launched to Govern AI Activity in Financial Systems

chest

MetaComp has launched the KYA (Know Your Agent) framework to regulate AI agents in financial systems, ensuring compliance and auditability.

user avatarDavid Robinson

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.