LayerZero's ZRO Token Airdrop: New Claim Mechanism
#LayerZero #LayerZeroAirdrop #ZRO #ZROListing $ZRO
LayerZero will launch its ZRO token on Thursday, introducing an innovative claim process requiring a small donation.
Mandatory Donations and Matching
Recipients must donate 10 cents worth of ether (ETH) or a stablecoin per token to unlock their airdrop allocation.
The donations go to the Protocol Guild, showing support for LayerZero and crypto's future. LayerZero Foundation will match donations up to $10 million.
"Proof-of-Donation" Mechanism
This "proof-of-donation" approach is a first, making donations mandatory to claim tokens. Reactions are mixed, with some users supporting it for developer funding and others disagreeing with the requirement.
Airdrop and Distribution Details
LayerZero will distribute 85 million ZRO tokens, one of 2024’s most high-profile events. Over 50% of tokens are reserved for investors and core contributors with a three-year vesting period and phased unlock.
ZRO Token Trading
ZRO trades at $4.27 in pre-market futures and will be available on major exchanges like Binance at noon UTC Thursday.
