LayerZero Foundation to begin ZRO token airdrop claims today | Headlines | News | CoinMarketCap

06/20/2024 11:38
LayerZero Foundation to begin ZRO token airdrop claims today | Headlines | News | CoinMarketCap

LayerZero Foundation, the organization that supports the cross-chain interoperability platform LayerZero, announced that the claims for the airdrop …

LayerZero Foundation, the organization that supports the cross-chain interoperability platform LayerZero, announced that the claims for the airdrop of its native token ZRO will open today at 7 a.m. ET. This comes after the foundation released an eligibility checker for users yesterday.

“The launch of ZRO marks a pivotal step for the protocol: making it publicly owned, immutable infrastructure,” the foundation stated in a blog post. The platform’s native token has a fixed supply of 1 billion, 38.3% of which will be distributed to its users, developers and community members.

On Thursday, the first day of distribution, 8.5% of the total 1 billion supply, or 85 million ZRO tokens will be claimable by eligible participants. The remaining tokens of the community-allocated portion will be …

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