Bryan Pellegrino: Compared with other L2s, witch hunting and long-term users help ZRO prices remain stable

Odaily News LayerZero Labs CEO Bryan Pellegrino said at Korea Blockchain Week that a combination of aggressive Sybil hunting and prioritizing developers and long-term users helped keep the price of LayerZero's native token ZRO stable after the airdrop. Pellegrino said LayerZero did a lot of "very unique" things with the airdrop, including a "big witch hunt" to prevent bots and overfarming to get its native ZRO (ZRO) token into the hands of the network's most loyal users. The price of LayerZero's native token ZRO has fallen less than that of other Ethereum L2 Starknet (STRK) and ZKsync (ZK). The price of ZRO has only fallen 23% since its listing. (Cointelegraph)