LayerZero Airdrop Claims End, ZRO Tokens Distributed Again

2024-09-21

LayerZero Airdrop Claims End, ZRO Tokens Distributed Again

BittimeLayerZero Foundation announced the end of ZRO airdrop claims and initiated token redistribution to eligible wallets. Learn the eligibility criteria and procedures for reclaiming ZRO tokens here. Read more!

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LayerZero Airdrop Claims End

On September 21, the LayerZero Foundation announced that the claiming time for the official ZRO token had expired. 

In its announcement, LayerZero stated that all unclaimed ZRO tokens will be returned to the wallets that have claimed the tokens and met the reassignment requirements. Latest report from DeepChao TechFlow.

ZRO Token Redistribution Eligibility Criteria 

In an audit conducted by LayerZero, wallets eligible to receive additional tokens were determined based on their activity after the Token Generation Event (TGE). The following is an explanation of the eligibility criteria for ZRO token redistribution:

Not Eligible:

Inactive Wallet

Wallets that claim ZRO tokens after TGE but do not perform any transactions.

Sybil Attack

Wallets identified as part of the Sybil attack, both in the first and second round of audits.

Eligibility:

Active Wallet

Wallets that claim ZRO tokens after TGE and have used the LayerZero wallet at least once.

ZRO Tokens Redistribution Process

Eligible wallets will receive additional ZRO token distribution. The number of tokens distributed will be calculated based on the initial claim ratio, as well as the share of tokens that have been awarded to previously ineligible wallets.

Additionally, the ratio of gas fees that have been paid after TGE will determine the number of tokens awarded to eligible wallets.

Read Also: PandaSwap Prepares to Launch Panda Pad

Reclaim Procedure

To get additional ZRO tokens, users must make a claim via the same chain used in the first claim. For users who claim via Aptos, they must use the EVM wallet when re-claiming.

Conclusion

With the end of the airdrop and the start of the redistribution of ZRO tokens, the LayerZero Foundation again shows that it prioritizes transparency and fairness in its ecosystem. 

For eligible wallet holders, this is an opportunity to earn additional tokens and contribute further to the LayerZero ecosystem.

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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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