LayerZero is launching a new claiming mechanism called “Proof of Donation”, which will donate up to $18.5 million to the Protocol Guild, a collective funding mechanism for Ethereum Layer 1 R&D developers. To claim ZRO, users must donate $0.10 in USDC, USDT, or native ETH for each ZRO, and this small donation will go directly to the Protocol Guild. According to the Protocol Guild’s on-chain contract, donations received by the Protocol Guild will be redeemed within four years. The LayerZero Foundation will match all donations, up to a maximum of $10 million.
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