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
SBI Issues First Security Token Bond Offering Direct XRP Exposure
SBI issued JPY 10 billion on-chain security token bonds for retail investors using BOOSTRY’s “ibet for Fin” and Osaka Digital Exchange’s START trading.
Bond buyers receive XRP equal to their subscription after payment, then additional XRP on interest dates in March 2027, 2028, and
CryptoNewsFlash2h ago
Eric Trump reposts WLFI-related tweet again, seemingly responding to community questions
PANews February 23 News, Eric Trump reposted a WLFI-related tweet on the X platform again, seemingly responding to community questions.
Earlier, on-chain detective ZachXBT claimed that he would release a major investigative report on a highly profitable company in the crypto industry on February 26. Subsequently, WLFI experienced a short-term decline, and USD1 also briefly decoupled.
GateNewsBot6h ago
Litecoin Flips Bitcoin, Dogecoin and Dash as Active Addresses Top 237,000 - U.Today
Litecoin (LTC) leads in active addresses among cryptocurrencies, surpassing Bitcoin by 35%. Despite this, its price has decreased recently and remains over 87% below its all-time high. Increased address activity reflects growing user engagement with Litecoin.
UToday6h ago
Today, the US Bitcoin ETF experienced a net inflow of 1,292 BTC, while the Ethereum ETF saw a net outflow of 57,543 ETH.
PANews February 23 News, according to Lookonchain monitoring, today the US Bitcoin ETF saw a net inflow of 1,292 BTC, with a 7-day net outflow of 4,459 BTC; Ethereum ETF experienced a net outflow of 57,543 ETH, with a 7-day net outflow of 65,691 ETH; Solana ETF saw a net inflow of 39,169 SOL, with a 7-day net inflow of 166,521 SOL.
GateNewsBot7h ago
Did an AI robot also "slip up"? A tipping mistake ended up sending $440,000 worth of tokens to a struggling online user.
An AI trading robot developed by an engineer, "Lobstar Wilde," mistakenly transferred all 440,000 USD worth of LOBSTAR tokens, originally intending to tip a user in need of medical funds with just 4 SOL. The incident drew widespread attention. Although the nominal value was high, the actual benefit ended up being lower than expected, and some users questioned whether this event was a marketing stunt.
区块客8h ago
