LayerZero offers ‘self-reporting’ opportunities to sybil farmers in the name of durability.
LayerZero Labs appears to have nothing to do with excessive airdrop farming or Sybil activities.
To curb the harm of Sybil activities Layer Zero Labs Incentives were also presented. “We are offering all Sybil users the opportunity to self-report within the next 14 days in return for 15% of their intended quota, no questions asked,” he added.
In general, airdrops fit into a broader strategy of rewarding early users while building decentralized governance capabilities within the network. Excessive airdrop farming, or Sybil activity, involves individuals using hundreds or thousands of addresses to gobble up tokens with the intention of immediately discarding them.
Only time will tell whether LayerZero Labs’ efforts to appeal to the fairness of Sybil users will pay off. The self-reporting deadline is May 17, the developer said in a blog post.
In the same blog post, the developer declared, “If you think you’re Sybil, you probably are Sybil.”
Specific rewards for using the network were not detailed, but the timing of the potential airdrop follows previous LayerZero Labs statements about a token launch targeting the first half of 2024.
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