Foresight News reports that LayerZero co-founder Bryan Pellegrino stated, "Since the announcement of the launch of Layer 1 blockchain Zero, there have been many speculations within a week about ZRO’s role in Zero and the ZRO tokenomics model. Let us clarify: Zero will not issue any new tokens, and ZRO is the only asset.
ZRO will serve as Zero’s staking asset and gas asset. All platform revenues—including priority fee excess income, MEV/tip income, market transaction fees, payment zone transaction fees, and cross-chain message fees after LayerZero’s fee switch—is allocated to ZRO. All economic value generated by Zero, LayerZero, and Stargate will directly belong to ZRO holders."
Additionally, institutional purchases, early investor buybacks, and LayerZero’s own buybacks have collectively reached 19.77% of the total token supply, mainly used to purchase soon-to-unlock shares. As a result, most public data in the market overestimate the unlocking pressure by nearly double. Zero mainnet is expected to launch this fall.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Today, the Fear & Greed Index rose to 8, and the market is in a "Extreme Fear" state.
Foresight News reports that, according to Alternative.me data, the cryptocurrency Fear and Greed Index rose to 8 today (yesterday the index was 7 "Extreme Fear"), indicating that the market is in a "Extreme Fear" state.
GateNewsBot1h ago
Before Musk gave him $1 million, he earned $600,000 by issuing tokens.
X announces @beaverd as the winner of the million-dollar article contest. His work exposes Deloitte's corrupt practices, but he was subsequently accused by Bubblemaps of being a "serial market manipulator" involved in price manipulation. Although Beaver's actions sparked controversy, supporters argue that he did not commit fraud and appreciate his contribution to the crypto community's culture. This incident has reignited discussions about the ethics of price manipulation in the crypto space.
区块客1h ago
BGD Labs stops supporting Aave DAO from April
BGD Labs will end its support for Aave DAO after four years, citing concerns about increasing centralization. They will complete ongoing projects and propose a $200,000 security support package for the transition. Following the announcement, AAVE's price dropped over 5%.
TapChiBitcoin1h ago
XRP Ledger Surpasses Solana in RWA Tokenization as Soil Launches Yield Protocol
Soil launched a compliant RWA-backed yield protocol on XRP Ledger for RLUSD, attracting $1M in deposits within 72 hours.
RLUSD holders access on-chain Yield Vaults offering fixed returns from private credit, tokenized government debt, and market-neutral hedge funds.
ORQO Group, an
CryptoNewsFlash6h ago
Breaking News》The Supreme Court rules that Trump's $175 billion tariffs are illegal! The White House announces contingency plans, Bitcoin hits $68,000
The U.S. Supreme Court ruled 6-3 that Trump's use of IEEPA to impose tariffs was illegal, affecting up to $175 billion. The market reaction was muted because Trump stated he would seek alternative solutions, although they cannot replicate the scope of IEEPA. The ruling has raised concerns about refunds and future tariff policies. Market sentiment is influenced by multiple factors and has not rebounded significantly.
動區BlockTempo9h ago
Sui Integrates Pyth Pro to Power High-Performance DeFi with Real-Time Data
Sui has partnered with Pyth Pro to introduce real-time data on crypto, equities, FX commodities and more to its DeFi ecosystem.
Pyth Pro offers 2,500+ price feeds, with Aftermath becoming the first DEX protocol on Sui to integrate the solution for accurate product pricing.
Sui has
CryptoNewsFlash10h ago
