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After LayerZero announced its second airdrop plan, user activity surged, with the average daily message volume increasing by 433% from the low point
2024-09-26 07:19
Odaily News After announcing its second airdrop, cross-chain communication protocol LayerZero has seen a recovery in on-chain activity, with the average daily message volume rising to 98,000 on Saturday, up 433% from this low (18,400), indicating a renewed interest in the protocol. The protocol has seen a recent lull in activity, with the average daily message volume hovering around 20,000 for weeks. The announcement of the second round of airdrops appears to be the catalyst for the surge in activity. It is important to note that wallets that claimed ZRO tokens in the first airdrop but did not show subsequent activity were excluded from this round, incentivizing users to continue participating in the protocol. This criterion is a clever mechanism to distinguish between real users and speculative "airdrop farmers," with the potential to cultivate a more active and loyal user base. (The Block)