LayerZero has completed the first phase of airdrop snapshots and details will be announced soon! Token ZRO expected price?

This site (120BTc.coM): LayerZero, a full-chain interoperability protocol with a valuation of more than US$3 billion, was invested by many star institutions such as a16z and Sequoia Capital last year. The news that the airdrop was finalized in early December aroused heated discussions in the community about whether the snapshot has ended and what the price is expected to be?

At 8 a.m. today, LayerZero officially announced on Twitter that it had completed the first phase snapshot at 7:59:59 a.m. on May 2, Beijing time, and would release more information soon, which means It seems that LayerZero may conduct an airdrop and issuance of the token $ZRO in the near future.

The number of Layerzero users exceeded 4.8 million

According to the Dune data panel produced by @springzhang, currently Arbitrum, Avalanche-C, BNB, Ethereum, Fantom, GNosis, Optimism and Polygon are on the chain Summing up the data, the data participating in Layerzero are as follows:

• Number of users participating in cross-chain: 4.82 million

• Number of cross-chain transactions participated : 107 million times

• Participate in cross-chain funds: 36.5 billion US dollars

Participate in various projects of Layerzero Data

However, this does not necessarily mean that LayerZero will airdrop to 4.82 million users. LayerZero CEO Bryan Pellegrino has repeatedly mentioned some possible airdrop rules and Sybil attack prevention measures, which will limit the range of users who can receive airdrops.

For example, on July 1 last year, Pellegrino discussed the criteria for evaluating real and effective wallets, which included average monthly transaction volume. At that time, Stargete’s average monthly transaction volume was $455, implying that only monthly transaction volumes exceeded this amount. wallets may be eligible for short investing.

In addition, in response to the Witch attack, Pellegrino also said that officials have marked those wallet addresses that use extremely low amounts for cross-chain operations to protect the interests of real users.

LayerZero’s ecosystem covers multiple chains, and may also stipulate that air investment wallets must participate in a specific ecosystem. There has been heated discussion in the community that interacting with Aptos’ official cross-chain bridge may be one of the necessary conditions for obtaining airdrops. In short, the specific price of air investment will be further clarified by the official.

Layerzero token estimated price?

LayerZero’s first round was led by Sequoia Capital and its valuation was US$1 billion. It raised US$135 million and Series B financing of US$120 million. The valuation increased to US$3 billion. New investors include a16z and Christie’s. Auction houses, Sequoia Capital….

Since the official has not yet explained the token economy, it is not easy to estimate the price yet, and we will continue to track it for you.

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