Ethereum

LayerZero

Foundation

LayerZero (ZRO) has taken a significant step to support the Ethereum developer community by introducing a new claim mechanism known as Proof of Donation. This approach is expected to lead to approximately $18.5 million being donated to the Protocol Guild, a crowdfunding mechanism for Ethereum developers. 
LayerZero's growth has been primarily driven by the Protocol Guild and Ethereum's core developers. They were instrumental in the popularization of the Ethereum Virtual Machine (EVM), Ethereum's Layer 2-centric roadmap, and the overall crypto ecosystem. 
Related News: <a href="https://en.bitcoinsistemi.com/analytics-firm-shares-4-altcoins-it-favors-bullish-in-the-short-term/" target="_blank" rel="dofollow">Analytics Firm Shares 4 Altcoins It Favors Bullish in the Short Term</a> 
The Proof of Donation mechanism works by allowing users to claim ZRO, LayerZero's native token, through a donation process. To claim ZRO, users need to donate $0.10 per ZRO in USDC, USDT or local ETH. 
As a show of support, the LayerZero Foundation has pledged to match all donations up to $10 million. 
ZRO token started trading on spot markets today. In addition, Binance, the world's largest cryptocurrency exchange, also listed the altcoin in futures transactions today. ZRO is trading at $3.60 at the time of this writing. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/backlash-over-big-airdrop-they-demand-money-from-users-to-get-tokens/">Backlash Over Big Airdrop: They Demand Money From Users To Get Tokens</a>

Backlash Over Big Airdrop: They Demand Money From Users To Get Tokens

Bitcoin Sistemi EN

Other articles published on Jun 20, 2024

Smart Whale Scores Big Bitcoin Gains

1inch Network Teams Up with Blockaid for Shield API

Book Of Meme & Notcoin Price Rally Amid Coinbase Perp Listing

6 Best Cryptocurrencies to Invest in Right Now – These Coins are Leading the Market!

MoonBag Crypto’s Huge ROI and Explosive Growth Potential Attracts Hedera and Fetch.AI Investors

Bitcoin Analyst Claims BTC Consolidation Will Continue, Hedge Funds Throw In The Towel

Join our free newsletter for daily crypto updates!