• 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

Ripple CEO Brad Garlinghouse Honored as 2026 Business Leader of the Year

chest

Ripple CEO Brad Garlinghouse has been honored as the 2026 Business Leader of the Year by the Harvard Business School Association of Northern California for his contributions to payments infrastructure and digital assets.

user avatarAisha Farooq

Solana Faces Key Resistance Levels Ahead

chest

Solana's price is encountering resistance near 8820 and 9000, with major support levels at 8650 and 8500.

user avatarTenzin Dorje

Solana Price Shows Positive Momentum Above 87

chest

Solana's price has started a fresh increase, consolidating above the 87 level and aiming for gains above 90.

user avatarBayarjavkhlan Ganbaatar

XRP's Price Trajectory Analyzed with Elliott Wave Theory

chest

XRP's price trajectory is analyzed using Elliott Wave Theory, suggesting a transition into a bullish expansion phase with potential targets between 15 and 31.

user avatarMohamed Farouk

XRP Experiences Major Exchange Outflow

chest

XRP has seen significant accumulation signals with a record outflow from exchanges.

user avatarElias Mukuru

Aurora Labs CEO Raises Concerns Over Litecoin Attack

chest

Aurora Labs CEO Alex Shevchenko raises concerns that the recent Denial-of-Service attack on the Litecoin network may have been an inside job, citing the attacker's prior knowledge of a zero-day vulnerability.

user avatarDiego Alvarez

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.