LayerZero Co-Founder Bryan Pellegrino Announces Token Distribution Plan

According to Odaily, Bryan Pellegrino, co-founder of LayerZero, has announced the approximate distribution plan for the LayerZero token, ZRO. He stated that 23.8% of the ZRO token supply will be directly allocated to the community and builders, excluding the foundation and growth. On the first day, 8.5% will be distributed, with 5% for the core, 3% for RFP, and 0.5% for the community pool. The majority of the remaining tokens will be distributed over the next 36 months, with additional retrospective allocations every 12 months, as well as some forward-looking RFPs for builders. This announcement provides a clear roadmap for the distribution of ZRO tokens, ensuring transparency and fairness in the process. The allocation to the community and builders highlights the importance of these stakeholders in the growth and development of LayerZero.