LayerZero to Open Token Distribution at 7 PM Tonight Could Become the EndGame of Yield Farming

Original | Odaily Planet Daily
Author | Asher


Earlier today, the LayerZero Foundation officially released the token economic model of ZRO and announced that token claims will go live at 7 pm Beijing time tonight. Users who have not yet checked their eligibility can still query their airdrop qualifications (click here).
Upon hearing this news, studios and multiple account holders should have been busy setting up scripts to complete the token claims as quickly as possible. However, due to a large number of accounts being excluded, their motivation has been dampened. According to feedback from many users, most addresses only have a few to tens of ZRO tokens, with the lowest even being less than 0.1 ZRO. Based on the current off-exchange price of $4.25, the airdropped tokens received by most addresses are only worth tens of dollars. For users with low chances of being selected, the value of these tokens may not even cover the transaction costs.
Currently, several centralized exchanges have announced that they will list ZRO spot trading at 8 pm tonight, including OKX, Bitget, Bybit, and others.
ZRO Token Economic Model
According to information released by the LayerZero Foundation, the native token ZRO has a total supply of 1,000,000,000 tokens, with the specific distribution as follows:
Community: 383,000,000 ZRO tokens, accounting for 38.3% of the total supply. The distribution of community tokens aims to reward early, current, and future persistent developers and users of LayerZero while developing the LayerZero ecosystem. Among them, 8.5% of airdrops will be released in today’s TGE; 15.3% will be reserved and distributed to users, protocols, developers, or community members in the future; 14.5% will be managed by the LayerZero Foundation, with 5% released at the beginning of the TGE for ecosystem growth, donation plans, and liquidity supply.
Strategic Partners: 322,000,000 ZRO tokens, accounting for 32.2% of the total supply, including investors and advisors. This portion will be locked for one year and then gradually unlocked over the next two years.
Core Contributors: 255,000,000 ZRO tokens, accounting for 25.5% of the total supply, including existing and future team members. This portion will be locked for one year and then gradually unlocked over the next two years.
Buyback: 40,000,000 ZRO tokens, accounting for 4% of the total supply. This supply has been repurchased by LayerZero Labs and will be allocated to the community.
The release schedule of ZRO tokens according to the token economic model is shown in the following figure:


ZRO Token Release Chart
Community Sentiment
Since the LayerZero airdrop query, which had been under review for a month and a half, finally opened yesterday, major communities are filled with doubts. With ZKsync and the current decline of copycats, the community’s resentment towards LayerZero has reached its peak:
“The good news is that LayerZero’s airdrop is finally online, but the bad news is that the ‘You are not eligible’ era of being excluded from airdrops may be over.”
“A larger LayerZero airdrop is finally here, but it’s unexpectedly worse than ZKsync.”
“Self-reporting gets you 0.9 ZRO, not self-reporting gets you 6 ZRO. Based on the current market price, it’s a lonely game of exclusion.”
…
ZRO Off-exchange Market
According to the off-exchange trading protocol Aevo, the off-exchange price of LayerZero (ZRO) reached a high of $4.8 after the airdrop query was opened yesterday, but has since fallen to $4.25. The 24-hour trading volume exceeds 2.3 million USD.


ZRO Pre-Launch Contract
Both ZKsync and the current LayerZero have caused strong dissatisfaction within the community. Long-term PUA, insider trading, and vague token airdrop rules have exhausted the “exclusion party,” prompting them to consolidate various wallet accounts and end their “daily exclusion” work. Perhaps, LayerZero has truly become the endgame of exclusions.