TL;DR
- The LayerZero Foundation has launched a community program with 5 million ZRO tokens allocated to encourage participation and engagement within its ecosystem.
- The program offers roles as community member, builder, and content creator, with initial rewards of 25,000 ZRO tokens for those who joined before June.
- The protocol, valued at $3 billion, is expanding its cross-chain network and reported crypto asset transfers totaling $6.7 billion in Q1 2024.
The LayerZero Foundation has officially launched its community program, allocating 5 million ZRO tokens as rewards to encourage participation and engagement within its ecosystem. The program was designed to deepen the relationship between the protocol and its community.
The new program offers three key roles: community member, builder, and content creator. Participants can choose one of these roles based on their interests and contributions to the ecosystem.
The LayerZero Community Program is Live!
Whether you're a builder, content creator, or onchain enthusiast—there’s a place for you in the LayerZero community.
Here’s what you need to know about the new community program:
• New Roles: Depending on what you love to do –… pic.twitter.com/Md7vlwIoRZ
— LayerZero Foundation (@LayerZero_Fndn) September 2, 2024
Members who joined before June will receive an initial allocation of 25,000 ZRO tokens, provided they complete the necessary migration process to maintain their role and access to rewards. The LayerZero Foundation has implemented different levels within the program, ranging from zerolayer to god, incentivizing community participation.
LayerZero Already Integrated with Eight Other Blockchains
LayerZero recently reached a valuation of $3 billion following a successful funding round of $120 million. The platform is actively expanding its cross-chain network. It is currently integrated with eight blockchains, including Ethereum, Avalanche, Polygon, Arbitrum, BNB Chain, Optimism, Base, and Solana.
The Foundation also conducted a ZRO token airdrop in June and reported crypto asset transfers totaling $6.7 billion in Q1 2024, generating $11.5 million in revenue.
Aiming to continue growing and enhancing its network, LayerZero has designed this program to reward members who make valuable contributions, whether by leading discussions, developing innovative projects, or creating relevant content.
The program not only rewards current participants but is also open to new members who wish to join and take advantage of new opportunities to earn ZRO tokens. The implementation of this program is an important step toward expanding the network and consolidating the protocol.
