Token

LayerZero

Generation

Foundation

<ul>
 <li>Only wallets with transactions after the Token Generation Event will get more ZRO tokens.</li>  
 <li>Inactive wallets or flagged Sybil accounts will not receive any more tokens.</li>  
 <li>Users must claim their additional tokens within 30 days or they will be given to LayerZero Foundation.</li> 
</ul>  
<p>LayerZero Foundation has ended the ZRO token claim period and started giving unclaimed monetary units to eligible wallets. Only wallets that claimed ZRO coins and made transactions after the Token Generation Event&nbsp; will get more currency. Any wallets flagged as Sybil accounts or inactive after TGE will not receive further tokens.</p>  
<h2 class="wp-block-heading" id="h-who-can-get-tokens">Who Can Get Tokens?</h2>  
<p>The Foundation set clear rules for wallets that can receive additional tokens.Accounts must have claimed ZRO tokens and made at least one <a href="https://cryptonewsland.com/microstrategy-buys-458m-in-bitcoin-increasing-holdings-to-252220-btc/" target="_blank" rel="noopener noreferrer nofollow">transaction </a>after TGE. Any wallets flagged as Sybil accounts in the first or second audit rounds are not allowed to get more tokens. This helps make sure only active users benefit from the redistribution.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/LayerZero_Fndn/status/1837228529282334736
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</figure>  
<p>Eligible wallets will get tokens based on how much they originally claimed during TGE. Users who spent more on gas fees after TGE will receive more of the unclaimed tokens. This method helps active users get a fair share of the redistribution.</p>  
<h2 class="wp-block-heading" id="h-gas-fees-determine-token-shares">Gas Fees Determine Token Shares</h2>  
<p>LayerZero will give extra tokens to wallets that spent higher gas fees after TGE. Wallets with bigger gas fees will get a larger share of unclaimed tokens. This system encourages users to stay active on LayerZero after TGE and helps make the token distribution fair.</p>  
<p>Users should claim tokens from the same chain they used before. Aptos users need to use their EVM wallets for a smooth process. The Foundation gave this guidance to avoid any issues during the redistribution.</p>  
<h2 class="wp-block-heading" id="h-30-day-claim-deadline">30-Day Claim Deadline</h2>  
<p>Users who are eligible have 30 days to claim their tokens. After 30 days, any unclaimed tokens will go to the LayerZero Foundation. Users should log into the $ZRO Claims Homepage to check their status and claim their tokens. The Foundation has asked users to act quickly and complete the process on time.</p>  
<p>The LayerZero system rewards active users. It makes sure that those who spent more time and effort using the network get their rightful share of the tokens. What effect will this have on future engagement with LayerZero?</p> 
<p>The post <a href="https://cryptonewsland.com/layerzero-ends-zro-claims-and-starts-redistributing-tokens-to-active-users/" rel="noopener noreferrer nofollow">LayerZero Ends ZRO Claims and Starts Redistributing Tokens to Active Users</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

LayerZero Ends ZRO Claims and Starts Redistributing Tokens to Active Users

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