LayerZero will open token distribution at 7 pm tonight potentially becoming the Ultimate Token Airdrop

Original | Odaily Planet Daily
Author | Asher


Earlier today, the LayerZero Foundation officially released the token economy model for 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 do so by clicking here.
Upon hearing this news, studios and multiple account holders should have been busy setting up scripts to be the first to claim the tokens. However, due to a large number of accounts being disqualified, they lack the motivation to do so. According to feedback from many users, most addresses only have a few to dozens of ZRO tokens, with some even having less than 0.1 token. Based on the current over-the-counter price of $4.25, the airdropped tokens received by most addresses are only worth a few tens of dollars. For users with a low success rate, the value of these tokens may not even cover the cost of interaction.
Currently, several centralized exchanges have announced that they will launch ZRO spot trading at 8 pm tonight, including OKX, Bitget, Bybit, and others.
ZRO Token Economy 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 allocation as follows:
Community: 383,000,000 ZRO tokens, accounting for 38.3% of the total supply. The community token allocation aims to reward early, current, and future persistent developers and users of LayerZero, while developing the LayerZero ecosystem. Among them, 8.5% of the airdrop 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 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 1 year and then gradually unlocked over the course of 2 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 1 year and then gradually unlocked over the course of 2 years.
Repurchase: 40,000,000 ZRO tokens, accounting for 4% of the total supply. This portion has been repurchased by LayerZero Labs and will be allocated to the community.
The release schedule of ZRO tokens according to the token economy model is shown in the following figure:


ZRO Token Release Schedule
Community Sentiment
Since the LayerZero airdrop query, which has undergone a month and a half of witch-hunt scrutiny, finally opened yesterday, major communities have been filled with doubts. With ZKsync in the past and the current continuous decline of copycat projects, the community’s resentment towards LayerZero has reached its peak:
“The good news is that LayerZero’s airdrop is finally going live, but the bad news is that the ‘You are not eligible’ era of being disqualified from airdrops is coming to an end.”
“A bigger LayerZero airdrop is finally here, but I never expected it to be worse than ZKsync.”
“Admitting to being ineligible gets you 0.9 ZRO, while not admitting gets you 6 ZRO. Based on the current market price, it’s a lonely gain.”
…
ZRO OTC Market
According to the over-the-counter trading protocol Aevo, the LayerZero (ZRO) OTC price reached a high of $4.8 after the airdrop query was opened yesterday, and it has since fallen back to $4.25, with a trading volume of over $2.3 million in the past 24 hours.


ZRO Pre-Launch Contract
Both ZKsync in the past and the current LayerZero have caused strong dissatisfaction within the community. Long-term PUA, insider trading, and vague token airdrop rules have exhausted the “airdrop hunters,” who have collectively decided to end their “daily airdrop” work by consolidating various wallet accounts. Perhaps LayerZero has truly become the EndGame for airdrop hunters.