LayerZero is about to launch its token, which community projects have the opportunity to receive an Airdrop?

Author: Peng Sun, Foresight News

On May 11th, LayerZero Labs released the 'Protocol RFP' proposal in the community, marking the final determination of the first step in TGE distribution. This RFP allows each project to formulate its own distribution criteria based on its overall token allocation. All projects that have deployed OApp, OFT, or ONFT contracts on the mainnet before Snapshot #1 and made declarations on LayerZero Scan are eligible to submit proposals.

The Protocol RFP proposal application ended on May 31, and the partner project address was also confirmed before 08:00 on June 6. Recently, Bryan Pellegrino, co-founder and CEO of LayerZero, stated that the final version of the witch's address list will be announced before the end of June, and the airdrop was planned for this month. Currently, more than 200 protocols have submitted RFPs, and we will select some of them to share with the readers.

Public Blockchain

Manta Network

Manta Token is an OFT token, and the team deploys OFT Manta Token on different chains to support cross-chain interaction of Manta Tokens between multiple chains.

Allocation Plan:

  • 10% allocated to developers
  • 30% allocated to early adopters
  • 20% allocated to ecosystem partners
  • 40% allocated to LP providers

Astar Network

Astar Network is a smart contract platform.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% allocated to ASTR OFT holders.

Core Chain

Core Chain is an L1 public chain.

Allocation plan: it will be distributed proportionally to users with net assets greater than 10, 1000 US dollars, and users with more than 5, 50 transactions and net assets greater than 1000 US dollars.

Sanko GameCorp

Sanko Mainnet is an L3 focused on gaming, which has never conducted a private sale. It has previously cooperated with LayerZero to allow DMT to cross-chain from Arbitrum to the Ethereum Mainnet, and will achieve cross-chain interaction between Sanko and Ethereum through LayerZero in the future.

Allocation Plan:

  • 50% is allocated to users who participate in cross-chain $DMT transactions between the Ethereum mainnet and Arbitrum One.
  • 20% Sakura Park holder
  • 20% Streets of Milady holder
  • 10% Team

LIF3

LIF3 is the native Gas token of Lif3 Chain, based on the LayerZero OFT standard, and can be cross-chain between Ethereum, Polygon, Fantom, BNB Chain, and Lif3 Chain.

Allocation Plan:

  • 90% allocated to LIF3 OFT users
  • 10% allocated to developers

Canto

CANTO is a Layer1 blockchain built using the Cosmos SDK. Through LayerZero's OFT standard, CANTO's cross-chain representation is deployed to Ethereum, allowing users to provide liquidity for CANTO on the mainnet and trade CANTO, thus also providing additional bridging paths for Canto.

Allocation Plan:

  • 70% allocated to CANTO OFT cross-chain users, a total of at least 50 CANTO cross-chain to/from Ethereum, with 20% evenly distributed, and 80% distributed according to the cross-chain volume ratio;
  • 20% is allocated to the CANTO/WETH LP on PancakeSwap (Ethereum), distributed according to the ownership percentage of the liquidity pool at the time of the snapshot;
  • 10% allocated to Canto developers

Infrastructure

Clusters

Clusters is a blockchain-based domain protocol launched by Delegate Labs in collaboration with LayerZero.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% is allocated to users.

DappRadar

DappRadar is a DApp data analysis platform.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% allocated to RADAR stakers.

DeFi & Trading & Cross-Chain

Magpie Protocol

Magpie Protocol is a cross-chain liquidity aggregation protocol, PNP, mPENDLE, and RDP tokens adopt LayerZero's OFT standard.

Allocation plan and reasons:

  • 70% allocated to cross-chain bridges users
  • 20% allocated to Magpie Mafia NFT holders
  • 10% allocated to developers

KelpDAO

KelpDAO is a liquidity restaking protocol, and its rsETH can be cross-chain to other L2s using OFT.

Allocation Plan:

  • 40% allocated to users for cross-chain interaction with various L2
  • 20% allocated to users who mint rsETH natively on L2
  • 20% allocated to the top 500 liquidity providers on Mainnet and L2
  • 10% allocated to the holders of rsETH on the Mainnet
  • 10% is allocated to the core team of Kelp to cover developer fees and audits.

ether.fi

ether.fi is an Ethereum staking protocol.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% distributed to cross-chain weETH users.

StakeStone

StakeStone is a full-chain liquidity distribution protocol.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% allocated to stakers.

Pendle

Pendle is a yield trading protocol.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% allocated to vependle holder

Equilibria Finance

Equilibria Finance is a yield enhancement protocol based on Pendle.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% allocated to ePENDLE OFT cross-chain users; ePENDLE holders, stakers, and LP; vIEQB holders.

Ethena

Ethena is the developer of the stable coin USDe.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% allocated to product holder.

Prime Protocol

Prime Protocol is a cross-chain liquidity protocol that early on adopted the LayerZero v1 universal message passing technology.

Allocation Plan:

  • 100% allocated to eligible users
  • The number of LayerZero messages generated for each user's legitimate and relevant deposit/payment transactions: 50% weight (requires at least 1 zero-level message in the snapshot)
  • Cumulative Points: 50% Weight (at least 1 piece of LayerZero information is required within the snapshot)

However, Prime is controversial, with users in the community saying, "Prime Protocol has not done anything for their community. Their Twitter account was hacked in July last year, and people lost $60,000 on phishing links shared by the hacker. They collected the addresses of affected users on discord, but did not provide any compensation, and have not shared any information about the hacker attack for several months. They behaved as if this had never happened." Some users also believe that Prime users deserve rewards.

Extra Finance

Extra Finance is a leverage yield protocol that integrates with LayerZero to launch the OFT token EXTRA, allowing users to cross-chain between Optimism and Base.

Allocation Plan:

  • 60% is allocated to OFT Bridge users
  • 30% allocated to veEXTRA holders
  • 10% allocated to developers

dump.trade

dump.trade is a cross-chain DeFi protocol, DUMP token is LayerZero OFT, now available for cross-chain interaction between Ethereum and Base. The DUMP ecosystem will also utilize LZ technology to trade points and pre-market from any on-chain.

Allocation Plan:

  • 70% allocated to token holders
  • 20% allocated to OFT cross-chain users
  • 10% allocated to the team

Clearpool

Clearpool is a decentralized lending market that utilizes the LayerZero protocol and its Omnichain OFT as its cross-chain messaging solution to achieve seamless transfer of cross-chain CPOOL.

Allocation Plan:

  • 70% allocated to Clearpool lenders
  • 20% allocated to cross-chain users
  • 10% allocated to the team

Beethoven X

Beethoven X is Balancer's fork protocol on Fantom.

Allocation Plan:

  • 10% allocated to developers
  • 20% allocated to the top 100 users using the OFT cross-chain bridge to cross-chain BEETS, already weighted
  • 20% bonus for the first 100 users migrated to the new lzBEETS, already weighted
  • 50% allocated to the top 500 maBEETS holders, weighted

Olympus DAO

Olympus DAO plans to reward users of Olympus products aligned with the LayerZero technology stack.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% is allocated to Cooler Loan holders before LayerZero Snapshot #1, with a minimum loan amount of 10 OHM.

SpartaDEX

SpartaDEX is a feature-rich gamified DEX and community engagement center based on Arbitrum and Linea, as well as Launchpad/VC.

Allocation Plan:

  • 10% allocated to developers
  • 90% is allocated to active and highly engaged SpartaDEX users
  • 35% is allocated to users who transfer liquidity to Linea
  • 25% allocated to all Liquidity Providers
  • 15% allocated to Sparta Token stakers
  • 15% allocated to active SpartaDEX users with a ranking of 20 or above

Maverick Protocol

Maverick Protocol is the Liquidity Operating System of DeFi, and its native token MAV adopts the LayerZero OFT standard.

Allocation Plan:

  • 90% allocated to veMAV holder
  • 10% allocated to developers

GMX

GMX is a DEX on Arbitrum, with its distribution aimed at rewarding users who use LayerZero to transfer assets from other blockchains to the Arbitrum ecosystem and the GMX ecosystem. GMX V2 holds most of the LayerZero Bridged OP and BNB tokens on Arbitrum.

Allocation Plan:

  • 90% is allocated to users who cross-chain OP or BNB to Arbitrum and deposit them into the corresponding GM pool before the snapshot.
  • 10% allocated for GMX DAO's own use

Abracadabra

Abracadabra is the issuer of algorithmic stablecoin MIM.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% is allocated to users.

Balancer

Balancer is a decentralized exchange.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% allocated to ecological users.

Aura Finance

Aura Finance is a Balancer ecosystem revenue governance platform.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% is allocated to users.

Beefy Finance

Beefy Finance is a DeFi yield aggregator.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% allocated to governance participants, BIFI cross-chain users, LZ Vault users.

Beraplug

Beraplug is the DeFi protocol of the Berachain ecosystem.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% allocated to PLUG holders.

XEX Labs

XEX Labs integrates the LayerZero messaging protocol, allowing players to transfer XEX tokens and Xexadon NFTs between Ethereum, Avalanche, Fantom, Polygon, Arbitrum, and BNB Chain.

Allocation Plan:

  • 50% of the rewards will be evenly distributed to the users who have completed cross-chain interaction between LayerXero and Xexadon or XEX.
  • 20% linearly allocated to Xexadon holders
  • 20% linearly allocated to XEX holders
  • 10% allocated to developers

Game & NFT

Gh0stly Gh0sts

Gh0stly Gh0sts is an NFT series on LayerZero.

Allocation Plan:

  • 10% is allocated to developers;
  • 90% allocated to minters and holders.

Beam

Beam is the gaming subnetwork of the blockchain gaming guild Merit Circle.

Allocation Plan:

  • 10% allocated to the treasury;
  • 90% is allocated to cross-chain users, Beam token holders, LP providers, and voters.

Battle

Battle is a cross-chain dynamic NFT supported by LayerZero, suitable for shooting games on UE5.

Allocation Plan:

  • 20% bridge ONFT users
  • 20% Battlemon NFT holder
  • 16% Battlemon Items holder
  • 17% Battlemon Points(BP)holder
  • 17% Battlemon Golden Key holder
  • 10% Team

Kanpai Pandas

Kanpai Pandas is an NFT series that uses LayerZero's ONFT cross-chain interaction.

Allocation Plan:

  • 70% is allocated to Kanpai Panda tokens (according to the rarity of each token)
  • 3.347% allocated to Alien Pandas
  • 9.000% allocated to Zombie Pandas
  • 9.143% allocated to Golden Pandas
  • 46.844% allocated to Red/Normal Pandas
  • 1.666% allocated to 1 of 1 Pandas (including Infinity 1 of 1s)
  • 12% allocated to Infinity Pandas (excluding 1 of 1)
  • 10% allocated to developers
  • 8% allocated to the Solana Pandas collaboration project

Utility Wen NFT

Allocation Plan:

  • 90% allocated to holders before Snapshot #1
  • 20% allocated to Tier 4 holders
  • 15% allocated to Tier 3 holders
  • 15% allocated to Tier 2 holder
  • 50% is allocated to Tier 1 holders
  • 10% for future rewards to the holder

CryptoRasta

CryptoRasta is a digital art community that will start cross-chain its original NFTs to the Polygon network using the LayerZero protocol for CR holders starting in 2024.

Allocation Plan:

  • 50% distributed to OG holders (1460 wallets)
  • 10% of the rewards are allocated to the top OG holders (100 wallets)
  • 30% allocated to holders who participate in cross-chain interaction to Polygon (34 wallets)
  • 10% allocated to developers

Heroes & Empires

Heroes & Empires is a Play-2-Earn strategy game.

Allocation Plan:

  • 10% for developers
  • 20% to Liquidity Provider
  • 70% allocated to game treasury

Honey Jar

Honey Jar (THJ) is a community project created by Janitooor.eth on Berachain, which has now released the NFT series HoneyComb, HoneyJar Gen 1, and Gen 2 NFT, and integrated LayerZero technology into the Gen 2 minting portal.

Allocation Plan:

  • Proportional weighted HoneyComb NFT holder - 90%
  • THJ Development Team (including 20 members including the founder) - 10%

Tiny Dinos

Tiny Dinos is an ONFT pixel art series built on Layerzero.

Allocation Plan:

  • 70% allocated to holder (calculated by dinosaur)
  • 20% allocated to any cross-chain users (not based on cross-chain frequency)
  • 10% allocated to developers

GnomeLand

GnomeLand is a full-chain game that previously won the LayerZero Bounty first prize at the ETHGlobal London Hackathon, achieving cross-chain interaction through OFT.

Allocation Plan:

  • 10% allocated to developers
  • 70% used for GameRewards
  • 20% allocated to the community

OmniDoggos

OmniDoggos is a community-driven game that integrates LayerZero.

Allocation Plan:

  • 10% allocated to developers
  • 20% allocated to Dog Shelters
  • 70% allocated to the community

Halls of Olympia

Halls of Olympia is an on-chain PvP and PvE battle game that allows users to participate in its token, stake and game contracts on any chain using LayerZero. All tokens used are OFT and their contracts are converted to OApp.

Allocation Plan:

  • All used to provide Gas support for users.

Other

Omnichain 404

Omnichain 404 combines LayerZero V2 with an improved version of Pandora's ERC404 token standard, introducing a new asset category OMNI404 compatible with Omnichain.

Allocation Plan:

  • 90% owned by the community
  • 10% allocated to developers

Tradable

Tradable allows developers to build full-chain applications and Rollups supported by shared liquidity and economic security. Tradable consists of full-chain IDs, modules, and shared liquidity. Full-chain IDs allow users to interact with use cases on different chains without the need for bridging. The module is an SDK that allows developers to create applications across multiple chains using Layerzero messaging. Shared liquidity allows users to stake assets across multiple chains to support applications transferred using Layerzero.

Allocation Plan:

  • 10% allocated to the developer's address
  • 90% is allocated to depositors and Alpha testers who contribute to the shared liquidity pool.

SQUID Game

SQUID Game was originally a meme coin on BNB Chain.

Allocation Plan:

  • Full rewards are given to the deployers of SQUID Game on BNB Chain and Base.
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