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ETH $2,486.63 -0.02%
BNB $753.74 +2.01%
XRP $1.42 +1.86%
SOL $103.47 -0.17%
TRX $0.3386 +1.30%
DOGE $0.0900 -0.41%
ADA $0.2200 +0.27%
BCH $258.58 +0.22%
LINK $12.53 -1.45%
HYPE $84.93 -0.41%
AAVE $129.33 -1.81%
SUI $0.8134 -0.26%
XLM $0.1882 -2.28%
ZEC $1,179.69 +4.00%

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

2024-06-15 09:31:34

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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