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ETH $1,907.32 +1.35%
BNB $605.03 +0.06%
XRP $1.00 +0.33%
SOL $75.89 +1.09%
TRX $0.3310 -0.19%
DOGE $0.0702 +0.56%
ADA $0.1744 -1.63%
BCH $204.48 +0.51%
LINK $9.51 +0.56%
HYPE $58.76 +1.98%
AAVE $88.17 +1.83%
SUI $0.6774 +0.23%
XLM $0.1580 +0.45%
ZEC $518.10 +5.84%

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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