Introducing a new claiming mechanism called Proof-of-Donation, which will result in up to $18.5 million donated to Protocol Guild, a collective funding mechanism for Ethereum’s Layer 1 R&D developers.
To claim ZRO, users must donate $0.10 in USDC, USDT, or native ETH per ZRO. This small donation goes directly to Protocol Guild, which is a not-for-profit collective of Ethereum’s core researchers and developers. The donations received by Protocol Guild will be vested over a four-year period, as per Protocol Guild’s on-chain contracts. The LayerZero Foundation is matching all donations, up to $10 million.
Protocol Guild and Ethereum’s core developers have been fundamental to LayerZero’s growth, driving the proliferation of the EVM, Ethereum’s L2-centric roadmap, and the broader crypto ecosystem. By donating to Protocol Guild, eligible recipients show long-term alignment with the LayerZero protocol and a commitment to the future of crypto.
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Introducing a new claiming mechanism called Proof-of-Donation, which will result in up to $18.5 million donated to Protocol Guild, a collective funding mechanism for Ethereum’s Layer 1 R&D developers.
To claim ZRO, users must donate $0.10 in USDC, USDT, or native ETH per ZRO. This small donation goes directly to Protocol Guild, which is a not-for-profit collective of Ethereum’s core researchers and developers. The donations received by Protocol Guild will be vested over a four-year period, as per Protocol Guild’s on-chain contracts. The LayerZero Foundation is matching all donations, up to $10 million.
Protocol Guild and Ethereum’s core developers have been fundamental to LayerZero’s growth, driving the proliferation of the EVM, Ethereum’s L2-centric roadmap, and the broader crypto ecosystem. By donating to Protocol Guild, eligible recipients show long-term alignment with the LayerZero protocol and a commitment to the future of crypto.