LayerZero Foundation, the organization that supports the cross-chain interoperability platform LayerZero, announced that the claims for the airdrop of its native token ZRO are live.
Claims for ZRO tokens went live today, June 20 at 11:00 am UTC and will run until September 20. Eligible users can claim tokens from multiple chains, including Ethereum, Arbitrum, and Polygon, among others.&nbsp;
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 ZRO Claim Is Live.<a href="https://t.co/BjBvTMRJjJ" target="_blank" rel="noopener noreferrer nofollow">https://t.co/BjBvTMRJjJ</a> Supported Chains: Ethereum, Arbitrum, Optimism, Base, Polygon, BNB Chain, and Avalanche. <a href="https://t.co/k2Fv2UKMoB" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/k2Fv2UKMoB</a>— LayerZero Foundation (@LayerZero_Fndn) <a href="https://twitter.com/LayerZero_Fndn/status/1803744985029788042?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 20, 2024</a>
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The claim process requires a LayerZero message, except for Arbitrum, which will process claims directly. ZRO can be transferred between chains via Stargate once claimed.
However, LayerZero Foundation, identified an issue with certain wallets <a href="https://x.com/LayerZero_Fzdn/status/1803847738540400740" target="_blank" rel="noopener noreferrer nofollow">receiving</a> an unfair distribution of funds. In response, they reworked the distribution and are urging users to check their current $ZRO allocation.&nbsp;
Proof-of-Donation
Moreover, LayerZero has launched a new claiming mechanism called Proof-of-Donation, which aims to donate approximately $18.5 million to Protocol Guild. Protocol Guild supports Ethereum developers and has been crucial to LayerZero’s success. The donation aligns LayerZero with the broader crypto ecosystem’s future.
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 Today LayerZero is introducing a new claiming mechanism called Proof-of-Donation, which will result in ~$18.5 million donated to <a href="https://twitter.com/ProtocolGuild?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@ProtocolGuild</a>, a collective funding mechanism for Ethereum developers. Protocol Guild and Ethereum's core developers have been fundamental to… <a href="https://t.co/YPN7wzsqbJ" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/YPN7wzsqbJ</a>— LayerZero Foundation (@LayerZero_Fndn) <a href="https://twitter.com/LayerZero_Fndn/status/1803742303204323494?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 20, 2024</a>
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To claim ZRO tokens, users must donate $0.10 in USDC, USDT, or native ETH per ZRO. These donations go directly to Protocol Guild, which will receive the funds vested over four years. The LayerZero Foundation is matching donations up to $10 million.
Combatting Airdrop Issues
LayerZero’s Proof-of-Donation mechanism addresses issues faced by traditional airdrops, such as Sybil attacks and airdrop farming, which have undermined long-term protocol success. LayerZero ensures that recipients are genuinely interested in the project’s future by requiring a donation.
This innovative approach by LayerZero highlights a commitment to sustainable growth and developer support within the crypto ecosystem. By integrating donations into the claiming process, LayerZero fosters long-term engagement and alignment with its protocol.
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 Also Read: <a href="https://www.cryptotimes.io/2024/06/19/layerzero-labs-launches-zro-token-airdrop/" target="_blank" rel="noopener noreferrer nofollow">LayerZero Labs To Airdrop ZRO Tokens Tomorrow</a>
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LayerZero’s ZRO Token Claims Now Open

The Crypto Times

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