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LayerZero Implements Self-Reporting to Combat Airdrop Farming

LayerZero Implements Self-Reporting to Combat Airdrop Farming


BitDegree
2024-05-06 07:23:32

Key Takeaways Main Points: 1. LayerZero Labs introduces a self-reporting mechanism offering sybil users 15% of their planned token allocation for honest disclosure. 2. The company provides a 14-day window for users to voluntarily admit to sybil activity, aiming to enhance transparency and fairness in token distribution. 3. Non-compliance after the reporting period leads to public identification and community-involved reporting, enforcing accountability in the network.


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