DeFi Users' Disappointment Over LayerZero Airdrop Allocation: What Happened?

Bittime - LayerZero, a blockchain interoperability protocol, recently launched their much-awaited ZRO token airdrop. But here, the DeFi (Distributed Financial System) spirit of people not waiting for the airdrop became sad when they saw the number of tokens given to them. Many users questioned the allocation as unfair and not commensurate with their contributions to the protocol.

Reasons for DeFi User Disappointment:

Allocation Based on NFTs: LayerZero allocates the majority of tokens to specific NFT holders, such as Pudgy Penguins and Kanpai Pandas. This makes many DeFi users who do not own these NFTs feel neglected.

Lack of Transparency: LayerZero does not provide a clear explanation of how they allocate tokens. This makes many users feel that the process is unfair and not transparent.

Mismatch with Contribution: Many DeFi users feel that their token allocation does not match their contribution to the protocol. They may have used LayerZero actively, participated in the community, or helped promote the protocol, but they did not receive tokens commensurate with their contributions.

Lessons Learned:

This incident shows the importance of transparency and fairness in the airdrop allocation process. Blockchain projects must ensure that their token allocation is fair and commensurate with user contributions. They must also provide a clear explanation of how they allocate tokens and involve the community in the decision-making process.

Tips to Avoid Future Disappointment:

• Do your research: Before participating in an airdrop, do some research on the project and learn how they allocate tokens.
• Understand the requirements: Make sure you meet all the requirements to receive the airdrop.
• Stay alert: Beware of airdrop scams and only participate in airdrops from trusted projects.
• Participate actively: If you want to get more airdrop tokens, actively participate in the project community and help promote the protocol.

LayerZero's airdrop serves as an important lesson for blockchain projects and DeFi users. Blockchain projects must ensure that their airdrop allocations are fair and transparent, and DeFi users must research and participate actively to avoid future disappointment.

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