CEO: Sybil Hunt, Durable Users Key to LayerZero Airdrop Success
LayerZero Labs CEO Bryan Pellegrino credited aggressive Sybil filtering and focus on dedicated developers and users for the stability of LayerZero’s token price post-airdrop. Bryan Pellegrino, CEO of LayerZero Labs, asserts that the price of LayerZero’s native token remained stable following its airdrop as a result of a combination of aggressive Sybil filtering and a […]
LayerZero Finds Over 800k Addresses in Sybil Self-Reporting
LayerZero Labs announced the end of its Sybil self-reporting phase, identifying 803,093 addresses as potential Sybil addresses. Affected users received only 15% of their anticipated tokens. The conclusion of the Sybil self-reporting phase for LayerZero Labs’ solution to combat Sybil activity, also known as “airdrop farming,” has been formally announced on the X platform. LayerZero […]