LayerZero completed its Sybil self-reporting phase, identifying over 803K potential Sybil addresses. Reduced from 2 million, self-reported addresses will get 15% token allocation. A community bounty starts May 18th to reward participants.
LayerZero is set to launch a sybil bounty event on May 18, incentivizing users to report fraudulent addresses with rewards to be distributed by May 31.
LayerZero's CEO disclosed that out of 6 million users, only 400k-600k are genuine, with just 30k identified as engaging in Sybil activity.
LayerZero, an interoperability project, has captured its first snapshot for a crypto airdrop, setting a new standard and tackling sybil attacks by enforcing community cooperation.
LayerZero Labs is working with Chaos Labs and Nansen on a sybil detection report to ensure the integrity of their upcoming airdrop.
LayerZero's CEO Bryan Pellegrino introduces severe rules for handling airdrops at LayerZero Labs, with the threat of firing employees who disobey.
LayerZero's airdrop uses a unique strategy to counter sybil transactions by excluding wallets with pinpointed behaviours, ensuring a fair distribution of the $3 billion altcoins.
LayerZero implements a drastic measure by blocking sybil airdrop farmers, reducing their allocation incentive from 15% to a mere 15% for non-compliance.
LayerZero, an interoperability protocol, completed its airdrop snapshot for the upcoming ZRO token launch, solidifying its position in the crypto space and engaging the community.
LayerZero's airdrop snapshot for ZRO token has been completed, with futures contracts indicating high value. The influence of airdrop hunters on token value remains a concern.
LayerZero has called on airdrop farmers who manipulate the system to come forward voluntarily or be disqualified from receiving future airdrops, as their actions have led to a decrease in genuine user activity.
LayerZero is set to conduct a series of airdrops for its interoperability protocol, with snapshots taking place in preparation.
LayerZero, a company in the blockchain space, has announced its intention to launch and distribute its own token by the first half of 2024.
LayerZero's ZRO perpetual futures contract trades at $8.6 on Hyperliquid, indicating a possible $17 billion valuation.
LayerZero’s development team took a snapshot for an AirDrop event on May 2, indicating a significant milestone in their blockchain communication protocol project, setting the stage for future token distributions.
Crypto enthusiasts bet nearly $100K on LayerZero's token airdrop by April end. Betting on token distributions is high, with interest in platforms like Tensor and Eigenlayer.