Stargate initiates vote on amendment to LayerZero token distribution plan, intending to increase the distribution ratio for veSTG holders

05/31 02:30

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On May 31st, the Stargate Foundation initiated a vote to revise the LayerZero token distribution plan. The revision proposes to increase the distribution ratio for veSTG holders from the original 20% to 25%. The distribution ratios for cross-chain bridge usage and partnership agreements are reduced to 40% and 15%, respectively.

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