LayerZero Foundation Releases ZRO Token Economic Model
Earlier today, LayerZero Foundation officially announced ZRO's token economic model and announced that token claims will be launched at 7 pm tonight (Beijing time). For users who have not yet checked, there is still a chance to check airdrop qualifications.
After the announcement of this news, the studio and the multi-account party should have been busy arranging scripts to complete the token claim as soon as possible, but due to the poor returns reported by a large number of accounts, there was insufficient motivation. According to user feedback, most addresses only received a few to dozens of ZROs, and the least was even less than 0.1. Based on the current over-the-counter price of $4.25, the airdrop tokens received by most addresses are worth only tens of dollars, and for users with a low winning rate, it may not even cover the interaction cost.
At present, many centralized exchanges including OKX, Bitget, Bybit, Binance, etc. have announced that they will launch ZRO spot at 8 pm tonight.
Detailed explanation of the ZRO token economic model:
According to the information released by the LayerZero Foundation, the total supply of its native token ZRO is 1 billion, which is distributed as follows:
Community: 38.3%, aimed at rewarding early, current and future developers and users, of which 8.5% of the airdrop will be released in today's TGE.
Strategic partners: 32.2%, including investors and consultants, with shares locked for 1 year and unlocked monthly in the next 2 years.
Core contributors: 25.5%, including existing and future team members, with shares locked for 1 year and unlocked monthly in the next 2 years.
Repurchase: 4%, which has been repurchased by LayerZero Labs and will be invested in community shares.
Community reaction and market dynamics:
LayerZero's airdrop launch has triggered widespread discussion in the community. Some community members expressed disappointment with the results of the airdrop, believing that the returns were not as expected. At the same time, the market's expectations and attention to ZRO continue to heat up, and the over-the-counter trading volume has exceeded US$2.3 million.
Reasonable price analysis of ZRO:
Compared with the launch of similar projects STRK and W, considering the market conditions and the wide application potential of LayerZero as an infrastructure project, it is expected that the valuation of ZRO will be at least 2-3 times its $3 billion valuation, that is, $6-9 billion FDV. Therefore, the price range of ZRO may be between $6-9. Investors can buy in at the right time or wait for better opportunities based on the actual valuation after the launch.
#zro #新币分析