📢Good news! LayerZero Labs announced on the X platform that the feedback submission phase of the Protocol RFP has ended, with a total of more than 200 proposals received. 🚀Officials will continue to provide feedback on the proposals on the Commonwealth platform. ⏰Please note that the partner project address must be determined before 8:00 on June 6.

🔍Recall that LayerZero Labs previously released the "Protocol RFP" proposal in the community, which is the first step in the TGE allocation process, with the aim of allowing each project to establish its own allocation criteria relative to its overall token allocation.

🏆All projects that deployed OApp, OFT, or ONFT contracts on the mainnet before Snapshot#1and declared on LayerZero Scan are eligible to submit proposals. This proposal allows projects to specify how their token allocations are distributed.

👍When creating proposals, projects are encouraged to consider the following suggestions: Rewards should be retroactive and for actions before Snapshot #1. The distribution of project token allocations does not need to be weighted based solely on LayerZero messages. This is a big step forward for Bitcoin, let us look forward to more good news! 🎉