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VisitLayerZero Launches Anti-Sybil Measures, Sets May 17th Deadline
May 3, 2024, 05:03 PM
LayerZero Labs has initiated a new anti-sybil measure aimed at ensuring token distribution to genuine users rather than sybil farmers. The process involves three phases: a self-reporting phase where users can declare sybil addresses for 15% of their intended allocation, a report from LZ Labs identifying sybils where caught sybils receive zero allocation, and a bounty hunter program that rewards users for identifying sybils with 10% of the sybil's intended allocation. The deadline for self-reporting is May 17th. This initiative underscores LayerZero's commitment to prioritize 'Users First' and maintain the integrity of their protocol.
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Markets
No • 50%
Yes • 50%
Data release or report from LayerZero Labs detailing the number of Sybil cases reported.
No • 50%
Yes • 50%
Official announcement from LayerZero Labs or a credible news source reporting on the implementation status.
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Official announcement from LayerZero Labs regarding any changes to the deadline.
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10% to 25% • 25%
Report or data release from LayerZero Labs after the self-reporting phase ends.
Highly effective • 33%
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Moderately effective • 33%
Comprehensive analysis or review from LayerZero Labs or an independent audit report.
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Report or data release from LayerZero Labs summarizing the outcomes of the bounty hunter program.