LayerZero Labs Targets Sybil Farmers: Exclusive Airdrop for Genuine $LZR Holders

full version at en.coinotag

Before you reading,
Don't miss coins like PEPE again! Click here to find new PEPEs!

LayerZero Labs Takes Stand Against Sybil Farmers Ahead of Anticipated Airdrop

LayerZero Labs, a leading cross-chain interoperability protocol, has pledged to address the issue of sybil farming before its upcoming airdrop.
The project plans to conduct an internal investigation to identify and exclude sybil farmers from its future token generation event.
LayerZero Labs also plans to launch a reward program, offering a 10% bonus of the intended token allocation to bounty hunters who identify additional sybil users.

LayerZero Labs is taking a proactive stance against sybil farming, aiming to ensure a fair token distribution for genuine users in its upcoming airdrop.

LayerZero Labs’ Commitment to Genuine Users

Sybil farming is a practice where a single user creates multiple wallets to generate significant activity on a network or protocol, maximizing their airdrop benefits. LayerZero Labs has expressed its intention to distribute tokens to genuine and long-term users rather than sybil farmers. The protocol has seen interaction from nearly 6 million unique wallet addresses since its launch two years ago. The team believes excluding sybil farmers from the airdrop is crucial for a fair token distribution.

Read the full article for FREE at COINOTAG!

6m ago•