According to BlockBeats, on September 9, LayerZero Labs CEO Bryan Pellegrino stated at the Korea Blockchain Week that the combination of active witch “hunting” activities and prioritizing developers and long-term users helped LayerZero’s native token ZRO price remain stable after the airdrop.
Pellegrino also said LayerZero has done a lot of “very unique” things with its airdrops, including a “big witch hunt” to discourage bots and overfarming, to get its native ZRO (ZRO) token into the hands of the network’s most loyal users.
The price of LayerZero’s native token ZRO has fallen less than Ethereum L2 Starknet (STRK) and ZKsync (ZK), which launched airdrops at the same time. ZRO’s price has only fallen by 23% since its listing.
