LayerZero Labs has revealed a solution to the problem of sybil activity, which is commonly referred to as ‘airdrop farming.’ The creator of the cross-chain communication protocol introduced a self-reporting mechanism, which guarantees Sybil users 15% of their intended token allocation for being honest within a specific 14-day period.
The initiative explained in a latest post on X is a testimony of LayerZero’s dedication to making sure that its tokens end up with real and long-lasting stakeholders in its network and not those who are trying to game the system.
We believe it is in the protocol’s best interest to distribute tokens to durable users — not sybil farmers.
If you are a sybil, you have two options:
– Self-report sybil addresses for 15% of your intended allocation. No questions asked. The deadline to do so is May 17th.
– Do… pic.twitter.com/Kme9ZKckC7
— LayerZero Labs (@LayerZero_Labs) May 3, 2024
Sybil activity is the practice where people utilize many false i
We współpracy z: https://coingape.com/layerzero-tackles-airdrop-abuse-with-self-report-option/
