LayerZero Labs: The Sybil Self-Reporting Phase Has Ended, 803,093 Addresses Are Preliminarily Identified as Potential Sybils
LayerZero Labs posted on social media that the self-reporting phase for witches has ended. Each qualifying address will receive 15% of its expected token distribution, with the remaining 85% returned to eligible users. In the end, 803,093 addresses were identified as potential witch addresses. The team initially marked over 2 million addresses as potential witches, but later adopted stricter standards to reduce false positives.
LayerZero CEO: It is estimated that only 6.67%-13.33% of the 6 million addresses are eligible for airdrops
According to a message from LayerZero CEO Bryan Pellegrino in the TechFlow community, he stated that data will prove whether users are real or not. However, considering that nearly half of the addresses have only made one transaction, he believes that the ratio of 400,000-800,000 out of 6 million addresses is appropriate. This may mean that only 6.67%-13.33% of addresses are eligible for airdrops. Bryan Pellegrino stated that the data work is still ongoing. When asked whether wallets that have not traded on the Ethereum mainnet are real users, he questioned why they couldn't be.
LayerZero Co-founder: The list of self-reported Sybil addresses will not be published
Bryan Pellegrino, co-founder and CEO of LayerZero, replied that if you can ensure that the witch address is not shared with other projects, I believe that many people will voluntarily prove themselves to be witches. The self-reported list of witch addresses will not be disclosed, "all addresses will be included in our own filtered witch list (that is not eligible for rewards), but will not be listed as self-reported."
LayerZero Completes Phase 1 Network Snapshot
LayerZero Labs announced that it has completed the first stage network snapshot at UTC time 11:59:59 PM on May 1, 2024. LayerZero stated that it will soon release more related information.
Modular L2 blockchain Camp Network integrates with LayerZero
Modular L2 blockchain Camp Network announced its integration with LayerZero on social media. The official statement said that LayerZero's interoperability solution allows Camp's L2 to seamlessly communicate with more than 50 chains, enabling full-chain DApp integration.
ENA will be integrated with LayerZero's cross-chain standard OFT
LayerZero officially announced that Ethena (ENA) will integrate with LayerZero's cross-chain standard Omnichain Fungible Token (OFT).
zkLink launches $20 million ZKL funding program to support Layer 3 ecological application development
Zero-knowledge Layer 3 infrastructure provider zkLink has announced the launch of a $20 million ZKL funding program to support developers building on zkLink. The funding program will promote innovation and development within the zkLink ecosystem by providing financial support to outstanding developers and teams engaged in utilizing zkLink technology. Grants will be awarded based on the potential impact of proposed projects, technical feasibility, and alignment with zkLink's mission to enhance blockchain technology privacy and scalability. It is reported that ZKL funding program applications will be open from March 11, 2024 to June 11, 2024, and zkLink is expected to notify successful project applicants on June 15.
LayerZero launches L2 Rollup solution inEVM
LayerZero has announced the launch of its L2 Rollup solution on Injective's inEVM. This integration allows Ethereum developers to extend to inEVM using LayerZero, and developers based on inEVM have now added connections to more than 50 other blockchain networks.
The number of LayerZero interactive addresses has exceeded 4.1 million, and only 1 transaction has been completed, accounting for 25% of the total.
According to Dune data, the cross-chain communication protocol LayerZero has surpassed 4.1 million interacting addresses and has a total of 4,118,022 independent users. Among them, there are 1.04 million addresses that have only completed one transaction, accounting for 25% of the total participating addresses.
Ethereum infrastructure Delegate and LayerZero jointly launch multi-chain domain name service Clusters
Ethereum infrastructure Delegate and cross-chain interoperability protocol LayerZero jointly launched the multi-chain domain name service Clusters. Clusters aims to solve problems such as address fragmentation, complex wallet management, and domain name grabbing. Clusters will support EVM networks, Solana, and Bitcoin to ensure that users maintain the same identity across multiple chains and simplify user interaction with DApps. Clusters uses LayerZero as its messaging layer, cross-chain movement operation, and state change protocol.
