Stargate Community Launches RFP Proposal for Potential LayerZero Token Allocation
The cross-chain bridge Stargate community initiated a "Potential LayerZero Token Distribution" RFP proposal vote. The proposal includes distributing potential LayerZero token rewards for Stargate DAO to cross-chainers, liquidity providers, and STG stakers. Among them, 60% of the tokens will be allocated to cross-chainers (42% will be allocated to already cross-chain users, and 18% will be reserved for partner agreements in the nested RFP process), 20% of the tokens will be distributed to veSTG holders, 10% of the tokens will be distributed to LP providers, and 10% of the tokens will be distributed to developers based on LayerZero suggestions.
Currently, the proposal has received 93.01% approval votes and 6.99% disapproval votes, and the voting will end on May 29th.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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