LayerZero’s ZRO Launches In 10 Days But Some Projects Affected

  • LayerZero airdrop claimed to launch in 10 days but according to analysts the launch may affect 18 projects.

The founder of Reunit, GoldenNaim Nam Boubziz, claims that the ZRO altcoin would be available in just 10 days. This revelation aroused excitement throughout the LayerZero Ecosystem, particularly among Binance-listed projects that may be affected by the ZRO airdrop.

Credit protocols that may be impacted include Radiant Capital (RNDT), Venus Protocol (XVS), Pendle (PENDLE), Curve (CRV), and Yearn (YFI), according to experts.

Stargate (STG), Balancer (BAL), PancakeSwap (CAKE), Hashflow (HFT), Biconomy (BICO), Sushiswap (SUSHI), Trader Joe (JOE), WOO Network (WOO), and Maverick (MAV) are among the decentralized finance companies to keep an eye on.

Read Also: Stablecoins Present Innovative Opportunities But Also Pose A Threat

Analysts believe that Moonbeam Network (GLMR) and Harmony (ONE) are two smart contract projects to keep an eye on, while Beefy (BIFI) stands out as a yield project that could see some movement.

According to Layergg, the ZRO version is also likely to harm Oracle project Chainlink (LINK).

Layer Zero describes itself as an open-source omnichain interoperability technology that allows numerous blockchains to communicate and share information effortlessly across chains.

Disclaimer: The information provided is not trading advice. holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *