LayerZero officially announced the token economic model, with investors and team share accounting for 57.7%

Odaily News LayerZero has officially announced the token economic model of ZRO. The total supply of ZRO is 1 billion, and the specific distribution is as follows: 1. 38.3% will be allocated to the LayerZero community. Among them, 8.5% of the airdrop will be released in todays TGE; 15.3% will be retained and allocated to users, protocols, developers or community members in the future; 14.5% will be managed by the LayerZero Foundation, and 5% will be released at the beginning of the TGE for ecological growth, donation plans and liquidity supply. 2. 32.2% will be allocated to strategic partners, including investors and consultants. This part of the share will be locked for 1 year and then unlocked monthly within 2 years; 3. 25.5% will be allocated to core contributors, including existing and future team members. This part of the share will be locked for 1 year and then unlocked monthly within 2 years; 4. 4% of the supply has been repurchased by LayerZero Labs and will be invested in the community share.