LayerZero Labs introduced a new mechanism for its $ZRO token airdrop, requiring recipients to donate small sums of crypto to claim tokens. The token is now trading on various platforms with prices ranging from $4.1 to $4.4B market cap. Claimable addresses and remaining tokens for airdrop have been reported.
Last week, we at Today in DeFi covered LayerZero’s $ZRO airdrop claim 🪂 • Be early for the “next LayerZero” • Be early to claim airdrops • Be early to know upcoming airdrop events Be early by subscribing to us for free at https://t.co/rZMzumHK77 https://t.co/lXm48gbkii
LayerZero's $ZRO airdrop requires recipients to donate 10 cents worth of $ETH or a stablecoin for each token they wish to claim. Would you donate to claim an airdrop? https://t.co/JRZXvP7yhH
Layerzero team spent weeks trying to anti sybil the $ZRO airdrop, zeroing allocation for millions of potential sybil wallets. They delayed their token launch by over 3 years, and STILL dumped 30+% in the first 48h after the airdrop.
Big thanks to @LayerZero_Labs for airdroppin $zro to the @playshrapnel community. Kudos for the the thoughtfulness, transparency and world classe user experience for claiming the tokens. Definitely setting the new standard.
$ZRO claims launched Thursday, requiring users to donate roughly 3% of their airdrop to Protocol Guild, causing controversy. 😤 Bryan Pellegrino defends the decision on @Unchained_pod: Spotify 🎧 https://t.co/5hnfjTQTq3 Apple 🎧 https://t.co/D9IDin3iEt 🔗 https://t.co/beuJtJwwmC https://t.co/1ENsvoR6ui
LayerZero price has dived after its airdrop as some holders lament about its proof-of-donation mechanism for claiming the ZRO token https://t.co/Qy47nIIHm0
📣 New token available: $ZRO @LayerZero_Labs ✔️ Deposits and withdrawals are enabled ℹ️ Markets are in post-only mode. Trading will go live at 16h30 UTC Trade here ⤵️ https://t.co/tGl0BASRCk https://t.co/ueSTjJkV6j
🚀 The wait is over! @LayerZero_Labs's $ZRO #airdrop has started! 🎉 With 85M $ZRO up for grabs on Day 1, this is a game-changer for cross-chain interoperability. 🌐 Check your eligibility and dive in! 🔗
LayerZero's $ZRO airdrop requires recipients to donate 10 cents worth of $ETH or a stablecoin for each token they wish to claim. https://t.co/vx8qBEVZEX
Using Decent gets you rewarded, even if you don't know you're using us! Users of Decent received allocation of over 100,000 $ZRO tokens in the LayerZero airdrop that went live today! If you haven't - check to see if you're eligible! Use Decent, get rewarded 🤝 https://t.co/Xxi1GZwmDD
Of the 85 million total tokens earmarked for LayerZero’s airdrop, roughly 61% of the entire airdrop allocation worth about $191 million remains to be claimed, according to a Dune Analytics dashboard created by CryptoKoryo Research. @httpsageyd reports https://t.co/OIUXug1zui
Since LayerZero opened up its airdrop claims, nearly 216,000 addresses have claimed over 33 million ZRO tokens worth about $121 million at current prices. @httpsageyd reports https://t.co/Pq4a9YRnVZ
OPINION: LayerZero’s ‘Pay-to-Claim’ Airdrop Policy Has Gone Too Far LayerZero imposed a fee on token claims, calling them donations. But "it’s not a donation. It’s a tax, and it’s overly paternalistic," writes @Juampiaranovich. Read more: https://t.co/E2wVsoiVfx
📢 New Claimable -- @LayerZero_Labs The $ZRO token just dropped 🪂 - $160M+ in total value 💵 - 1,240,084 eligible addresses ✅ Are you one of them? Check your eligibility with Claimables 👇 https://t.co/d81TC19S9U https://t.co/2UJFA1jmqn
LayerZero Foundation Requests Fee for Claiming ZRO Tokens According to a statement from @LayerZero_Fndn, participants are required to donate $0.1 in $USDC, $USDT, or $ETH for each governance token. The token claim is open from June 20 to September 20. The collected funds will… https://t.co/SKRrbCv3Xg
LayerZero is trying new things and explicitly say it is not an airdrop in their docs. In the grand scheme of things, it is a net positive for all involved. I couldn't help but think of the Wendy's keychain promotion when seeing the response to LauerZero's announcement 😂 https://t.co/Vakv9YdY05 https://t.co/KDvnrrAAQi
I am committed to donating my entire $ZRO allocation to @ProtocolGuild I will send the funds directly to a wallet of LayerZero’s choosing All I am asking in return is for LayerZero to donate $10 per $ZRO to me before I send the tokens Serious inquiries only https://t.co/dbNaRplKR6
📢 New Claimable -- @LayerZero_Labs The $ZRO token just dropped 🪂 - $1.5b in total value 💵 - 1.2M+ eligible addresses ✅ Are you one of them? Check your eligibility with Claimables 👇 https://t.co/d81TC19S9U https://t.co/J4LvLfnT02
JUST IN: LAYERZERO FOUNDER SAYS "IF YOU DON'T WANT TO DONATE... SIMPLY DON'T CLAIM" AFTER AIRDROP RECIPIENTS MADE TO DONATE IN ORDER TO OBTAIN $ZRO TOKENS
This is fascinating! Technically, $ZRO token launch was not an airdrop. LayerZero said it themselves in the blog post: 'Therefore, as LayerZero has approached TGE, the term “airdrop” has not been used regarding ZRO distribution for a specific reason: this is not an airdrop.' https://t.co/wgscvN5iyZ https://t.co/hDr8PwQ3qp
This isn’t how donations work. This is an exchange of goods. Horrendous look for LayerZero and all involved in the airdrop rollout https://t.co/Ypx55zBJky
People whining about the donation on LayerZero airdrop are dumb. 1. You are getting something free, and being asked to donate a fraction of it to support a greater ecosystem. 2. It turns an airdrop from income tax, to capital gains in many jurisdictions. 3. It's a good way to…
This week's DeFi news👇 The SEC has closed its investigation into Ethereum 2.0 LayerZero has launched its token $ZRO today. 8.5% of its supply is allocated to an airdrop Fluid announced Fluid DEX, a DEX that maximizes capital efficiency. Fluid will allow its users to earn more… https://t.co/xLmHgxTcHy
LayerZero price surged by over 10% after its airdrop https://t.co/QU7Xp3ahD4
LayerZero ($ZRO) is now listed for trading in the https://t.co/A7lhUEyoao Exchange! 💰Trade it easily with USD Sign up to the Exchange 👉 https://t.co/GBTPzwV3F0 https://t.co/grf93FAorS
👋 SidusBridge users! Time to check your wallet for @LayerZero_Labs Airdrop tokens. Also, the LayerZero checker is live, so don’t waste time & see if your wallet is eligible! 🔗 https://t.co/rGr4yrKdfI ⚠️ NOTE: People who had less than 5 ZRO total across everything were removed,… https://t.co/p3F1H5JnQ1
Congrats to @PrimordialAA @ryanzarick @caleb_banister @arilitan and the rest of the @LayerZero_Labs contributors on the successful launch of ZRO. Excited to be working together and for the next chapter of LZ
LayerZero is listed in the https://t.co/vCNztATkNg App 🔔 Purchase $ZRO easily with USD, EUR, GBP, and 20+ fiat currencies. Download the App to trade #ZRO now! 👉 https://t.co/jt6bDD8HsI @LayerZero_Labs https://t.co/HQ8VJiaLuq
$ZRO from @LayerZero_Lab is now available for trading on Bitfinex! Enjoy our special fees: 📌 NO fees for makers 📌 4 bps for takers Dive into more details about ZRO: https://t.co/zkdoIuHIun https://t.co/Fl2fBZhaNb
🆕 @LayerZero_Labs has launched claims for its long-awaited airdrop, distributing the newly minted ZRO token to 1.28 million wallets. The ZRO token is trading at a $1.1B market cap and $4.4B fully-diluted valuation after a strong debut hour of trade 👀 https://t.co/Rj3Pc6oP4P
LayerZero asks eligible users to pay 10 cents per ZRO to claim airdrop, plans to raise $18.5 million donation for Protocol Guild https://t.co/rPgeNMbOXi
🔥 Hot listing alert! $ZRO (@LayerZero_Labs) is now available for trading on the #WOO X spot market. Trade $ZRO - $USDT ▶️ https://t.co/3EHDVtkFdl https://t.co/tifh1iagCh
🔥 Hot listing alert! $ZRO (@LayerZero_Labs) is now available for trading on the #WOO X spot market. Trade $ZRO - $UDST ▶️ https://t.co/3EHDVtkFdl https://t.co/WmHjzC09C9
The @LayerZero_Fndn ZRO Claim is live! 🪂 Follow the instructions to claim your LayerZero airdrop! ➡️ https://t.co/fx9uqsuRhf https://t.co/GpqDB7Iw87
.@LayerZero_Labs $ZRO trading has started on @Bybit_Official. $ZRO is now trading at $4.1 FDV: $4.1B https://t.co/x6zOo52HUY https://t.co/0Tpt37LHly
New Listing ALERT 🚨 📈 $ZRO/USDT @LayerZero_Labs Spot Trading is now open! Trade now: https://t.co/ngvKx9mr8f https://t.co/zSZFdOf4Lc
LAYERZERO AIRDROP RECIPIENTS MADE TO DONATE IN ORDER TO CLAIM $ZRO TOKENS - As claims opened for @LayerZero_Labs’ hotly anticipated $ZRO token airdrop, the project introduced a new mechanism that forces users to donate small sums of crypto in order to claim their tokens. - The… https://t.co/1ls7mQX5oW