Highlights
- LayerZero (ZRO) emerges as a hot topic in the crypto realm.
- ZRO Airdrop echoes a bustle across the broader crypto market.
- ZRO token prepares for listings on some of the top exchanges globally.
ZRO, the native token of the cross-chain interoperability protocol LayerZero, has recently caught the eyes of crypto market enthusiasts globally. With major listings on the horizon and an airdrop in the works, the crypto’s community is making a significant move. Let’s take a closer look at ZRO’s airdrop and listings, which are making a big splash in the crypto industry.
LayerZero Airdrop: 1.28M Eligible Wallets
Notably, Bryan Pellegrino, the co-founder and CEO of LayerZero Labs, recently shared vital insights into the final model of the airdrop. In a post shared on X, the CEO draws hints toward the allocation process.
The airdrop, a 25-minute window for core participants with up to 5K tokens, followed by a 5-minute window for participants who responded to requests for proposals (RFP) with up to 10K tokens, comes after participants verify their eligibility on the LayerZero eligibility checker.
Further, reward structures were highlighted as – 3 times for all early transactions, +10 ZRO for late, and tokens allocated to potential Sybil accounts are to be reduced by 80%. Intriguingly, attempts to include Sybil hunters in the airdrop checker portal were also made to ensure fair allocation.
Meanwhile, in another thread of posts on X, the CEO spotlighted that the number of eligible wallets totaled 1.28 million. The drop supply was further increased to 9% total, 5.5% core, 3% RFP, and 0.5% community, Bryan added.
Also Read: World’s First Hedera (HBAR) ETP Launched By Hashgraph Association And Valour
ZRO Listings
Concurrently, a stockpile of exchanges have recently revealed plans to extend support to the ZRO token. These exchanges encompass KuCoin, OKX, and Bitfinex.
KuCoin revealed plans to list the ZRO token, with deposits now open on ETH-ERC20 and ARB-ERC20 networks. The trading of the ZRO/USDT pair is to begin on June 20 at 12:00 UTC.
Similarly, OKX revealed an announcement claiming the deposits for the same were open while spot trading begins June 20 at 12:00 UTC. Also, Bitfinex unveiled similar plans to list ZRO. This collectively underscores the token’s rising popularity and potential to offer considerable gains ahead.
Also Read: Altcoins: Shiba Inu, Cardano, & DOGE To Outrun Bitcoin, ETH, XRP, Here’s Why
- SEC’s Paul Atkins Pushes for On-Chain Capital Raising Without Uncertainty
- SEC Delays Decision On Staking For BlackRock’s Ethereum ETF
- SEC Delays Decision on Franklin Templeton’s Solana and XRP ETFs
- BNB Hits New ATH As Binance Partners With $1.6T Franklin Templeton
- Crypto Market, S&P 500 Rally as PPI Data Fuels Rate Cut Hopes
- Pump Price Forecast as $12M Buyback Fuels Scarcity — Is $0.01 in Sight?
- SUI Price Prediction as Mysten Labs Meets SEC Ahead of ETF Decision—Is $7.5 Next?
- Can Dogecoin Price Hit $1 as Derivative Volume Jumps Ahead of DOGE ETF Launch
- Bitcoin Price Prediction Eyes $150K as Trump Calls for Aggressive 100 BPS Rate Cut
- Solana Price Prediction: Can Nasdaq Listing and $94M Holdings Propel SOL Toward $400?