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ETH $1,779.85 +0.19%
BNB $568.67 +0.05%
XRP $1.06 -0.75%
SOL $75.09 -1.67%
TRX $0.3248 -1.48%
DOGE $0.0722 +0.05%
ADA $0.1587 -0.79%
BCH $235.27 -0.44%
LINK $7.93 +0.01%
HYPE $63.72 -2.10%
AAVE $95.81 +1.70%
SUI $0.7322 +0.18%
XLM $0.1787 -2.47%
ZEC $505.92 -2.15%

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

2024-06-15 09:31:34
Collection

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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