A blockchain messaging protocol developer, LayerZero Labs, faced issues during its inaugural airdrop targeted at eliminating undue benefits owing to Sybil’s behavior.
CEO Bryan Pellegrino described the debut as hectic, with over 3,000 bounty reports and 30,000 appeals within hours. Users even reported accusers’ accounts on GitHub to remove reports.
Despite the issues, LayerZero’s snapshot indicated six million unique wallets engaging with the protocol, which had a $3 billion valuation after a fundraising round. Over 100,000 addresses self-reported as Sybils.
To solve these concerns, Pellegrino announced a delay in reporting for a day or two and recommended a .02 eth bond (approximately $60) to submit reports, seeking to dissuade automated systems and assure fairness and efficiency in handling reports.
The airdrop’s fairness is under examination, but LayerZero is focused on resolving difficulties and creating a fair environment for its community.
More from Crypto SA: LayerZero Labs Implements Airdrop Participation Ban for Employees
