Saturday, June 28, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

LayerZero Begins Snapshot for Airdrop, Teases Future Drops

May 2, 2024
in Ethereum
Reading Time: 1 min read
0 0
A A
0
Home Ethereum
Share on FacebookShare on TwitterShare on E Mail


LayerZero has taken a snapshot because it gears up for its anticipated airdrop, scheduled for the primary half of 2024. A snapshot sometimes precedes outflows as traders taking part in airdrops usually redistribute liquidity to different tasks.

Builders of the cross-chain interoperability protocol hinted at further airdrops within the pipeline, signaling ongoing developments inside the ecosystem. The latest snapshot, labeled as “snapshot #1,” marks step one in a collection of deliberate airdrops.

LayerZero stands out as a protocol facilitating blockchain connectivity with out counting on intermediaries. At present utilized by platforms like Stargate and Radiant Capital, each skilled modest token positive factors following the affirmation of the snapshot.

In April, LayerZero secured $120 million in a Sequence B funding spherical, valuing the corporate at $3 billion. Notable traders within the spherical included Andreessen Horowitz and Sequoia Capital, indicating robust assist for LayerZero’s imaginative and prescient.

As snapshots pave the way in which for potential outflows, traders using protocols for airdrop allocations can strategically allocate liquidity to maximise their participation in varied tasks. Latest information from DefiLlama signifies a web outflow of $5 million from the Stargate bridge within the final 24 hours, with $43 million deposited and $48 million withdrawn.

Featured Picture: Freepik

Please See Disclaimer



Source link

Tags: AirdropBeginsDropsFutureLayerZeroSnapshotTeases
Previous Post

BlackRock Foresees Influx of Sovereign Wealth Funds and Pensions into Bitcoin ETFs

Next Post

Bitbot’s Presale Passes $3M After AI Development Update – Blockchain News, Opinion, TV and Jobs

Related Posts

Pepe meme creator’s NFT projects hit for $1 million as contract hijackers drain collections
Ethereum

Pepe meme creator’s NFT projects hit for $1 million as contract hijackers drain collections

June 28, 2025
Former Tether, Hut 8, Blackstone execs to launch $1B crypto treasury firm
Ethereum

Former Tether, Hut 8, Blackstone execs to launch $1B crypto treasury firm

June 27, 2025
Coinbase launches Cardano and Litecoin wrapped tokens cbADA, cbLTC on Base
Ethereum

Coinbase launches Cardano and Litecoin wrapped tokens cbADA, cbLTC on Base

June 25, 2025
Ethereum Builds Critical Pattern On Daily Chart, Volatility Ahead
Ethereum

Ethereum Builds Critical Pattern On Daily Chart, Volatility Ahead

June 26, 2025
Ethereum Price Crash Driven By Whales? Large Transaction Volumes Rise 55%
Ethereum

Ethereum Price Crash Driven By Whales? Large Transaction Volumes Rise 55%

June 27, 2025
Ethereum developers issue proposal to halve block slot time to boost transaction speed
Ethereum

Ethereum developers issue proposal to halve block slot time to boost transaction speed

June 24, 2025
Next Post
Bitbot’s Presale Passes $3M After AI Development Update – Blockchain News, Opinion, TV and Jobs

Bitbot's Presale Passes $3M After AI Development Update – Blockchain News, Opinion, TV and Jobs

Jito Price Jumps After Topping Solana DeFi Protocols With $1 Billion Locked

Jito Price Jumps After Topping Solana DeFi Protocols With $1 Billion Locked

Crypto Investors Bet Big On ETFSwap (ETFS) Presale To Leverage Spot Bitcoin ETFs Popularity – Blockchain News, Opinion, TV and Jobs

Crypto Investors Bet Big On ETFSwap (ETFS) Presale To Leverage Spot Bitcoin ETFs Popularity – Blockchain News, Opinion, TV and Jobs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In