Cointime

Download App
iOS & Android

"LayerZero Protocol Launches Airdrop for Early Adopters to Simplify Blockchain Interoperability"

LayerZero, a blockchain interoperability protocol valued at $3 billion and backed by major players such as A16z, Sequoia Capital, and Coinbase Ventures, is launching an airdrop for early adopters. The protocol aims to simplify the user-side transition of money between incompatible substrates and allows direct transactions between different blockchains. To participate in the airdrop, users must interact with certain bridges supported by the interoperability protocol using their own non-custodial wallet, such as MetaMask, and stake STG tokens on the bridge platform. Active users who stake STG on the bridge platform and participate in on-chain discussions may be rewarded in the event of a future airdrop. LayerZero technology offers several bridges, including Bitcoin Bridge, Aptos Bridge, and SushiSwap Bridge, that allow for on-chain transfers between different blockchains. It is recommended to avoid transactions with the Ethereum network to save on fees.

Comments

All Comments

Recommended for you