Unclaimed ZRO Tokens To Be Redistributed After Claim Period, Says LayerZero CEO

According to Odaily, Bryan Pellegrino, CEO of LayerZero, has announced that all unclaimed ZRO tokens will be redistributed to users who have already claimed them once the claim period ends. The redistribution will be carried out in accordance with LZ Core's allocation and will be proportionally distributed, albeit with a cap. This move is expected to ensure that all ZRO tokens are effectively utilized and none are left idle. It also provides an opportunity for users who have already claimed their tokens to potentially receive more. The exact details of the redistribution process, including the cap on the number of tokens that can be redistributed to each user, have not been disclosed. Pellegrino's announcement comes as part of LayerZero's ongoing efforts to manage its token distribution effectively. The company has not yet announced when the claim period will end, leaving users in anticipation of the upcoming redistribution. The decision to redistribute unclaimed tokens is seen as a strategic move to maintain the value and relevance of the ZRO tokens in the market.