What is the issuance amount of LayerZero (ZRO) coins?

LayerZero's (ZRO) fixed total supply of 1 billion coins ensures the protection of its value from inflationary pressures.

Dec 03, 2024 at 08:46 pm

LayerZero (ZRO) Coin Issuance Amount

LayerZero (ZRO) is a blockchain interoperability protocol that enables the transfer of assets and data across different blockchains. The ZRO coin is the native utility token of the LayerZero protocol. Here's an in-depth look at the issuance amount of LayerZero (ZRO) coins:

1. Total Issuance

The total issuance of LayerZero (ZRO) coins is 1,000,000,000 ZRO. This fixed supply ensures that the value of ZRO coins is protected from inflation.

2. Coin Distribution

The distribution of ZRO coins is as follows:

Seed: 15% (150,000,000 ZRO)
Strategic: 17.5% (175,000,000 ZRO)
Ecosystem: 22.5% (225,000,000 ZRO)
Community: 30% (300,000,000 ZRO)
Team: 15% (150,000,000 ZRO)

3. Seed Distribution

The seed distribution was conducted in 2021 to early investors and contributors to the LayerZero project. This distribution aimed to provide financial support for the development of the protocol.

4. Strategic Distribution

The strategic distribution was allocated to various ecosystem partners and investors. These partners provide support and resources for the growth and adoption of LayerZero.

5. Ecosystem Distribution

The ecosystem distribution is allocated to projects and initiatives that contribute to the development and integration of LayerZero. This may include grants, developer resources, and other forms of support.

6. Community Distribution

The community distribution is intended for the LayerZero community and broader ecosystem. A portion of this distribution was made available through airdrops and community-led initiatives.

7. Team Distribution

The team distribution is reserved for the core developers and contributors of the LayerZero project. This distribution recognizes their contributions and ensures their continued commitment to the protocol.

8. Token Sale

LayerZero did not conduct a public token sale. The initial distribution of ZRO coins was primarily through seed and strategic rounds.

9. Current Token Supply

As of [insert date], the circulating supply of LayerZero (ZRO) coins is approximately 350,000,000 ZRO. The remaining ZRO coins are held in reserve for distribution over time.

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