Exploring ZeroLend's Recent Crypto Airdrop & Community Reactions

Monday, 6 May 2024, 13:04

ZeroLend conducted a crypto airdrop of ZERO tokens on the Linea ecosystem, allocating 18% of total supply to the community. The event provided initial liquidity to participants, distributing tokens over a six-month period. While some community members expressed dissatisfaction with the distribution process, ZeroLend emphasized the need for vigilance against potential scams in the cryptocurrency space.
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Exploring ZeroLend's Recent Crypto Airdrop & Community Reactions

ZeroLend's Crypto Airdrop

ZeroLend recently launched a crypto airdrop of ZERO tokens on the Linea ecosystem, allocating a significant portion of the token supply to the community. Users of ZeroLend experienced a smooth transition to the new airdrop system, with existing ZERO Gravity points and early ZERO tokens automatically converted to ZERO at the launch of the airdrop.

Token Distribution Details

  • 13% of the total supply dedicated to early ZERO token holders
  • An additional 5% from converted Zero Gravity points
  • 40% of tokens distributed upfront, with the remaining 60% over six months

Despite the planned distribution, some community members, such as Ben's Crypto, expressed dissatisfaction with disparities in the distribution process.

ZeroLend emphasized the importance of verifying information through official channels to avoid potential scams in the cryptocurrency space.


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