Altcoin
LayerZero (ZRO) Braces For Airdrop Amid Major Listings, Here’s Everything
ZRO, the native token of the cross-chain interoperability protocol LayerZero, has recently caught the eyes of crypto market enthusiasts globally. With major listings on the horizon and an airdrop in the works, the crypto’s community is making a significant move. Let’s take a closer look at ZRO’s airdrop and listings, which are making a big splash in the crypto industry.
LayerZero Airdrop: 1.28M Eligible Wallets
Notably, Bryan Pellegrino, the co-founder and CEO of LayerZero Labs, recently shared vital insights into the final model of the airdrop. In a post shared on X, the CEO draws hints toward the allocation process.
The airdrop, a 25-minute window for core participants with up to 5K tokens, followed by a 5-minute window for participants who responded to requests for proposals (RFP) with up to 10K tokens, comes after participants verify their eligibility on the LayerZero eligibility checker.
Further, reward structures were highlighted as – 3 times for all early transactions, +10 ZRO for late, and tokens allocated to potential Sybil accounts are to be reduced by 80%. Intriguingly, attempts to include Sybil hunters in the airdrop checker portal were also made to ensure fair allocation.
Meanwhile, in another thread of posts on X, the CEO spotlighted that the number of eligible wallets totaled 1.28 million. The drop supply was further increased to 9% total, 5.5% core, 3% RFP, and 0.5% community, Bryan added.
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ZRO Listings
Concurrently, a stockpile of exchanges have recently revealed plans to extend support to the ZRO token. These exchanges encompass KuCoin, OKX, and Bitfinex.
KuCoin revealed plans to list the ZRO token, with deposits now open on ETH-ERC20 and ARB-ERC20 networks. The trading of the ZRO/USDT pair is to begin on June 20 at 12:00 UTC.
Similarly, OKX revealed an announcement claiming the deposits for the same were open while spot trading begins June 20 at 12:00 UTC. Also, Bitfinex unveiled similar plans to list ZRO. This collectively underscores the token’s rising popularity and potential to offer considerable gains ahead.
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