💡 LayerZero Usage Dropped 4 Times After Snapshot
After the first #LayerZero $ZRO snapshot was taken on May 1st, the number of daily messages dropped from over 300K to 75K by May 6th. The drastic drop shows that LayerZero was being used mostly by sybils and users who were engaging with the protocol just to get an #airdrop.
🔼 Data Credit - CryptoRank, Dune Analytics
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