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Bryan Pellegrino: Compared to other L2s, witch hunting and long-term user support help maintain ZRO price stability.
Odaily Planet Daily News LayerZero Labs CEO Bryan Pellegrino said at the South Korean Blockchain Week that active Sybil hunting, combined with a priority for developers and long-term users, helped stabilize the price of LayerZero’s native Token ZRO after the Airdrop. Pellegrino said that LayerZero has done many “very unique” things through Airdrop, including a “large-scale witch hunt,” to prevent bots and overfarming, to deliver its native ZRO (ZRO) Token to the most loyal users of the network. The price of LayerZero’s native Token ZRO has dropped less compared to other ETH Layer 2 solutions Starknet (STRK) and ZKsync (ZK). Since its listing, the price of ZRO has only fallen by 23%. (Cointelegraph)