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TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
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BCH $445.11 -0.40%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

LayerZero co-founder: 23.8% of the total token supply will be allocated to the community and builders

2024-06-15 09:31:34
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ChainCatcher news, LayerZero co-founder Bryan Pellegrino posted on social media about the general distribution of the LayerZero token ZRO, stating that 23.8% of the ZRO supply will go directly to the community and builders. Of this, 8.5% will be distributed on the first day (5% core, 3% RFP, 0.5% community pool).

The majority of the remaining supply will be distributed over the next 36 months, with additional retrospective allocations every 12 months, as well as some forward-looking RFPs aimed at builders.

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