Authored by: Peng Sun, Foresight News
On May 11th, LayerZero Labs unveiled the “Protocol RFP” proposal in the community, marking the first step towards finalizing the TGE allocation. This RFP allows each project to establish its own allocation criteria based on its overall token distribution. Projects that have deployed OApp, OFT, or ONFT contracts on the mainnet before Snapshot #1 and have declared them on LayerZero Scan are eligible to submit proposals.
The application for the “Protocol RFP” proposal closed on May 31st, with partner project addresses confirmed by 08:00 on June 6th. Recently, Bryan Pellegrino, co-founder and CEO of LayerZero, announced that the final list of witch addresses will be revealed by the end of June, with the airdrop planned for this month. Currently, over 200 protocols have submitted RFPs, and we have selected some projects to share with our readers.
Public Chains
Manta Network
Manta token is an OFT token, with the team deploying Manta tokens on different chains to support cross-chain Manta token transfers.
Allocation plan:
10% for developers
30% for early adopters
20% for ecosystem partners
40% for LP providers
Astar Network
Astar Network is a smart contract platform.
Allocation plan:
10% for developers
90% for ASTR OFT holders.
Core Chain
Core Chain is an L1 public chain.
Allocation plan: to be distributed proportionally to users with net assets exceeding $10, 1000 USD and users with over 5, 50 transactions, and net assets exceeding 1000 USD.
Sanko GameCorp
Sanko Mainnet is an L3 focused on gaming, never conducted a private sale, previously collaborated with LayerZero, allowing DMT to cross-chain from Arbitrum to the Ethereum mainnet, and will enable Sanko to cross-chain with Ethereum in the future through LayerZero.
Allocation plan:
50% for users crossing $DMT between the Ethereum mainnet and Arbitrum One
20% for Sakura Park holders
20% for Streets of Milady holders
10% for the team
LIF3
LIF3 is the native Gas token of Lif3 Chain, based on the LayerZero OFT standard, enabling cross-chain transfers between Ethereum, Polygon, Fantom, BNB Chain, and Lif3 Chain.
Allocation plan:
90% for LIF3 OFT users
10% for developers
Canto
Canto is a Layer 1 blockchain built using the Cosmos SDK, with CANTO’s cross-chain representation deployed to Ethereum through LayerZero’s OFT standard, enabling users to provide liquidity and trade CANTO on the mainnet and providing an additional bridging path for Canto.
Allocation plan:
70% for CANTO OFT cross-chain users, with at least 50 CANTO tokens crossed to/from Ethereum, 20% evenly distributed, and 80% distributed based on cross-chain volume
20% for CANTO/WETH LP on PancakeSwap (Ethereum), distributed based on ownership percentage of the liquidity pool at snapshot time
10% for Canto developers
Infrastructure
Clusters
Clusters is a blockchain-based domain name protocol launched in collaboration between Delegate Labs and LayerZero.
Allocation plan:
10% for developers
90% for users
DappRadar
DappRadar is a DApp data analysis platform.
Allocation plan:
10% for developers
90% for RADAR stakers.
DeFi Trading Cross-Chain
Magpie Protocol
Magpie Protocol is a cross-chain liquidity aggregation protocol with PNP, mPENDLE, and RDP tokens adopting LayerZero’s OFT standard.
Allocation plan and rationale:
70% for cross-chain bridge users
20% for Magpie Mafia NFT holders
10% for developers
KelpDAO
KelpDAO is a liquidity restaking protocol, with rsETH adopting OFT and can be cross-chained to other L2 solutions.
Allocation plan:
40% for users cross-chaining to various L2 solutions
20% for users natively minting rsETH on L2
20% for the top 500 liquidity providers on the mainnet and L2
10% for rsETH holders on the mainnet
10% for Kelp’s core team, for developer fees and audits
ether.fi
ether.fi is an Ethereum re-staking protocol.
Allocation plan:
10% for developers
90% for cross-chain weETH users
StakeStone
StakeStone is a fully on-chain liquidity distribution protocol.
Allocation plan:
10% for developers
90% for stakers
Pendle
Pendle is a yield trading protocol.
Allocation plan:
10% for developers
90% for vependle holders
Equilibria Finance
Equilibria Finance is a yield enhancement protocol based on Pendle.
Allocation plan:
10% for developers
90% for ePENDLE OFT cross-chain users, ePENDLE holders, stakers, LP providers, and vIEQB holders.
Ethena
Ethena is the developer of the stablecoin USDe.
Allocation plan:
10% for developers
90% for product holders.
Prime Protocol
Prime Protocol is a cross-chain liquidity protocol employing LayerZero v1 general messaging technology.
Allocation plan:
100% for eligible users
Weighted based on the number of LayerZero messages generated for each user’s legitimate, relevant deposits/payments transactions: 50% weight (requires at least 1 zero-level message within the snapshot)
Cumulative points: 50% weight (requires at least 1 LayerZero message within the snapshot)
However, Prime has faced controversy, with some users in the community stating, “Prime Protocol has not done anything for their community. Their Twitter account was hacked in July last year, and people lost $60,000 by clicking on phishing links shared by the hacker. They collected affected users’ addresses in discord but did not provide any compensation and have not shared any information about the hack for months. They act as if it never happened.” Other users believe that Prime users deserve rewards.
Extra Finance
Extra Finance is a leveraged yield protocol integrated with LayerZero, introducing the OFT token EXTRA, enabling users to cross-chain between Optimism and Base.
Allocation plan:
60% for OFT bridge users
30% for veEXTRA holders
10% for developers
dump.trade
dump.trade is a cross-chain DeFi protocol, with DUMP token as LayerZero OFT, now cross-chain between Ethereum and Base. The DUMP ecosystem will also utilize LZ technology to trade points and pre-market from any chain.
Allocation plan:
70% for token holders
20% for OFT cross-chain users
10% for the team
Clearpool
Clearpool is a decentralized lending market utilizing LayerZero protocols and its Omnichain OFT for seamless transfer of cross-chain CPOOL.
Allocation plan:
70% for Clearpool lenders
20% for cross-chain users
10% for the team
Beethoven X
Beethoven X is a Balancer fork protocol on Fantom.
Allocation plan:
10% for developers
20% for the top 100 users crossing BEETS via OFT bridge, weighted
20% for the top 100 users migrating to the new lzBEETS, weighted
50% for the top 500 maBEETS holders, weighted
Olympus DAO
Olympus DAO plans to reward users of Olympus products aligned with LayerZero technology stack.
Allocation plan:
10% for developers
90% for Cooler Loan holders before LayerZero Snapshot #1, with a minimum loan amount of 10 OHM.
SpartaDEX
SpartaDEX is a feature-rich gamified DEX and community engagement center based on Arbitrum and Linea, along with Launchpad/VC.
Allocation plan:
10% for developers
90% for active and engaged SpartaDEX users
35% for users transferring liquidity to Linea
25% for all liquidity providers
15% for Sparta token stakers
15% for active SpartaDEX users ranked 20 and above
Maverick Protocol
Maverick Protocol is the DeFi liquidity operating system, with the native token MAV adopting LayerZero OFT standard.
Allocation plan:
90% for veMAV holders
10% for developers
GMX
GMX is a DEX on Arbitrum, with the allocation designed to reward users transferring assets from other blockchains to the Arbitrum and GMX ecosystems using LayerZero. GMX V2 holds most of the LayerZero Bridged OP and BNB tokens on Arbitrum.
Allocation plan:
90% for users bridging OP or BNB to Arbitrum before the snapshot and depositing into the respective GM pools
10% for GMX DAO discretionary use
Abracadabra
Abracadabra is the issuer of the algorithmic stablecoin MIM.
Allocation plan:
10% for developers
90% for users
Balancer
Balancer is a decentralized exchange.
Allocation plan:
10% for developers
90% for ecosystem users
Aura Finance
Aura Finance is the Balancer ecosystem yield governance platform.
Allocation plan:
10% for developers
90% for users
Beefy Finance
Beefy Finance is a DeFi yield aggregator.
Allocation plan:
10% for developers
90% for governance participants, BIFI cross-chain users, and LZ Vault users.
Beraplug
Beraplug is a DeFi protocol in the Berachain ecosystem.
Allocation plan:
10% for developers
90% for PLUG holders
XEX Labs
XEX Labs integrates the LayerZero messaging protocol, enabling players to transfer XEX tokens and Xexadon NFTs between Ethereum, Avalanche, Fantom, Polygon, Arbitrum, and BNB Chain.
Allocation plan:
50% evenly distributed to users crossing Xexadon or XEX via LayerXero
20% linearly distributed to Xexadon holders
20% linearly distributed to XEX holders
10% for developers
Game NFTs
Gh 0 stly Gh 0 sts
Gh 0 stly Gh 0 sts is an NFT series on LayerZero.
Allocation plan:
10% for developers
90% for creators and holders
Beam
Beam is the gaming guild Merit Circle’s game subnet.
Allocation plan:
10% for the treasury
90% for cross-chain users, Beam token holders, LP providers, and voters
Battle
Battle is a dynamic cross-chain NFT supported by LayerZero, designed for a shooting game on UE 5.
Allocation plan:
20% for users bridging ONFT
20% for Battlemon NFT holders
16% for Battlemon Items holders
17% for Battlemon Points (BP) holders
17% for Battlemon Golden Key holders
10% for the team
Kanpai Pandas
Kanpai Pandas is an NFT series using LayerZero’s ONFT cross-chain.
Allocation plan:
70% for Kanpai Panda token holders (based on the rarity of each token)
3.347% for Alien Pandas
9.000% for Zombie Pandas
9.143% for Golden Pandas
46.844% for Red/Normal Pandas
1.666% for 1 of 1 Pandas (including Infinity 1 of 1 s)
12% for Infinity Pandas (excluding 1 of 1)
10% for developers
8% for Solana Pandas collaborative projects
Utility Wen NFT
Allocation plan:
90% for holders before Snapshot #1
20% for Tier 4 holders
15% for Tier 3 holders
15% for Tier 2 holders
50% for Tier 1 holders
10% for future rewards for holders
CryptoRasta
CryptoRasta is a digital art community planning to enable original NFTs to cross-chain to the Polygon network using LayerZero protocols starting in 2024.
Allocation plan:
50% for OG holders (1460 wallets)
10% as a reward to top OG holders (100 wallets)
30% for holders crossing to Polygon (34 wallets)
10% for developers
Heroes Empires
Heroes Empires is a Play-2-Earn strategy game.
Allocation plan:
10% for developers
20% for liquidity providers
70% allocated to the game treasury
Honey Jar
Honey Jar (THJ) is a community project founded by Janitooor.eth on Berachain, releasing NFT series HoneyComb, HoneyJar Gen 1, and Gen 2 NFT, integrating LayerZero technology into the Gen 2 forging portal.
Allocation plan:
Weighted distribution for HoneyComb NFT holders – 90%
THJ development team (including 20 members, including the founder) – 10%
Tiny Dinos
Tiny Dinos is a pixel art series based on ONFT built on LayerZero.
Allocation plan:
70% for holders (based on dinosaurs)
20% for any cross-chain users (not based on the number of cross-chain transactions)
10% for developers
GnomeLand
GnomeLand is a full-chain game that won the LayerZero Bounty first prize at the ETHGlobal London Hackathon, enabling cross-chain through OFT.
Allocation plan:
10% for developers
70% for GameRewards
20% for the community
OmniDoggos
OmniDoggos is a community-driven game integrated with LayerZero.
Allocation plan:
10% for developers
20% for Dog Shelters
70% for the community
Halls of Olympia
Halls of Olympia is an on-chain PvP, PvE combat game using LayerZero to allow users to interact with tokens, staking contracts, and game contracts on any chain, with all tokens adopting OFT and converting contracts to OApp.
Allocation plan:
All used to provide gas subsidies for users.
Other
Omnichain 404
Omnichain 404 combines LayerZero V2 with an improved version of Pandora’s ERC 404 token standard, introducing a new asset category OMNI 404 compatible with Omnichain.
Allocation plan:
90% community-owned
10% for developers
Tradable
Tradable allows developers to build all-chain applications and Rollups supported by shared liquidity economic security. Tradable consists of all-chain ID, modules, and shared liquidity. All-chain ID enables users to interact with use cases on different chains without bridging. Modules are SDKs allowing developers to create applications across multiple chains using LayerZero messaging. Shared liquidity allows users to stake assets across multiple chains to support applications transferred using LayerZero.
Allocation plan:
10% for developer addresses
90% for depositors and Alpha testers in the shared liquidity treasury
SQUID Game
SQUID Game was initially a meme coin on BNB Chain.
Allocation plan:
Fully rewarded to deployers of SQUID Game on BNB Chain and Base.
