LayerZero is set to launch $ZRO on June 20 at 11:00 AM UTC. You can now review the official airdrop allocation. Here’s what you need to know.
What is LayerZero?
LayerZero revolutionizes blockchain protocols by connecting different blockchain ecosystems. It provides a unified framework for Decentralized Applications (dApps) to operate seamlessly across multiple blockchains. The LayerZero token, $ZRO, serves as the native currency within this ecosystem, incentivizing participation and fostering growth.
Key Features
- Total Token Supply: $ZRO tokens have a fixed total supply of 1 billion.
- Community Allocation: 38.3% of the total supply is reserved for the community, including users, developers, and other contributors.
- Immediate Unlock: Qualifying for the airdrop grants immediate access to 100% of your allocated tokens for claim.
- Future Airdrops: 15.3% of the supply is reserved for future distributions, incentivizing ongoing participation in the LayerZero ecosystem.
- Pre-market Value: The pre-market price for $ZRO tokens is currently around $4.35 USDT, making it a valuable asset for early recipients.
Future Unlock Schedule
While 25% of the tokens unlock initially, the remaining 75% will distribute over time, with a significant unlock scheduled for June 2025. This phased distribution ensures sustained participation and stability within the LayerZero ecosystem.
Step-by-step guide on claiming airdrop
Step 1: Check Your Allocation
To find out if you are eligible for the LayerZero airdrop, visit the official LayerZero airdrop checker. Enter your wallet address to see your allocation.
Step 2: Verify Eligibility
Your interactions with the LayerZero ecosystem determine eligibility. If you’ve engaged in activities like bridging, staking, or using dApps such as Orderly Network, Merkley, and others that leverage LayerZero technology, you are likely eligible.
Step 3: Claim Your Tokens
You can claim tokens on June 20 at 11:00 a.m. UTC. Ensure you are ready at this time to claim your tokens. The process involves a simple transaction on the LayerZero platform.
Step 4: Join the Discord Community
Engage actively in LayerZero’s Discord community to earn tokens through farming roles, each offering varying allocations of $ZRO tokens. Roles such as “Legend” and “LayerZeroGod” offer significant rewards.
Step 5: Monitor Future Opportunities
Stay engaged with the LayerZero ecosystem for future airdrops by participating in protocol activities, joining the Discord community, and using dApps built on LayerZero. Increase your chances of receiving future distributions.