We shared a detailed review about Layerzero in our previous articles. In this article, we will answer data such as what Layerzero (ZRO) coin is, the local token of the project, how to get it, token supply, first circulating supply.

The ZRO token will serve various important functions on the LayerZero platform. It will serve as a governance token, allowing holders to influence the future development and direction of the protocol. ZRO will also be used as a utility token to facilitate transactions and interactions across different blockchain networks, improving user experience and streamlining operations.

The platform's native token has a fixed supply of 1 billion, of which 38.3% will be distributed to its users, developers and community members.

On Thursday, the first day of distribution, 8.5% of the total supply of 1 billion, or 85 million ZRO tokens, will be available to claim by eligible participants. The remaining tokens of the portion allocated to the community will be reserved for future distribution programs and ecosystem growth.

The Foundation noted that 15.3% of the overall ZRO supply is reserved for future direct deployments to users, protocols, infrastructure builders, and community members through methods such as future Snapshots and RFPs.

LayerZero plans to distribute 32.2% of the total token supply to strategic partners and 25.5% to its main participants; both are subject to a three-year vesting period, with a one-year lock-in and monthly unlocks for the next two years. He also claims to have bought back 40 million ZRO tokens, which he says were “pledged to the community group.”

LayerZero Labs CEO Bryan Pellegrino said in a statement yesterday that he had identified a total of 1.28 million wallets eligible for airdrop requests. Meanwhile, more than six million unique wallet addresses interacted with the LayerZero protocol.

$ZRO holders will be given the privilege to vote on deciding the fee change of the LayerZero protocol. “An immutable voting contract mandates a public on-chain referendum every six months,” the foundation said.

  • #ZRO The total supply of coins is 1 billion.

  • Initial circulating supply is expected to be 250 Million.

  • The supply will be opened gradually over the years.

How to Buy Layerzero (ZRO) Coin?

Layerzero Coin is listed on the Binance exchange. To purchase, must register on Binance exchange and ZRO/ $BTC , ZRO/ $USDT , ZRO/ $FDUSD You can start trading in and ZRO/TRY trading pairs.

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