LayerZero offers sybil farmers chance to ‘self-report’ in the name of durability | Headlines | News | CoinMarketCap
05/04/2024 02:50
LayerZero Labs appears to want nothing to do with excessive airdrop farming, or sybil activity. "We believe it is in the …
LayerZero Labs appears to want nothing to do with excessive airdrop farming, or sybil activity.
"We believe it is in the protocol's best interest to distribute tokens to durable users, not sybil farmers," the developer posted to X on Friday.
In the hopes of curbing the ills of sybil activity, LayerZero Labs also offered an incentive. "We are giving all sybil users an opportunity to self-report within the next 14 days in return for 15% of their intended allocation, no questions asked," it added.
LayerZero Labs is the developer of a cross-chain communication protocol. On Thursday, it completed the first snapshot apparently related to a potential airdrop distribution to community members. The snapshot — the final point at which …