LayerZero Labs launches on-chain attribution solution ColorTrace

ChainCatcher message, LayerZero Labs announced on social media the launch of the on-chain attribution solution ColorTrace, a technology that can attribute fungible tokens to the original entity (the minter) to fairly track contributions to the success of the protocol, helping to achieve fair distribution for common real-world applications such as revenue, affiliate programs, and referral links.

Currently, LayerZero Labs has created a series of algorithms related to on-chain attribution, including ColorTrace, as well as ColorFloat and ColorAge.