The sybil self-report phase has now concluded. Each self-reported address will receive 15% of its intended token allocation, with the remaining 85% returning to qualified users.
Between the sybil self-report and analysis by LayerZero, @chaoslabs, and @nansen_ai, 803,093 addresses were identified as potential sybils.
The goal of this initial sybil analysis was to identify industrial sybil clusters. We initially flagged over 2 million addresses as potential sybils but applied stricter criteria to minimize false positives.
The full list of self-reported addresses and those identified in the initial analysis conducted by LayerZero, Chaos, and Nansen are available here:
https://t.co/NNkYCcNnPX
This list is preliminary. It aims to remove large clusters of addresses from bounty hunting eligibility, but should not be seen as definitive until the final report is published. For example, an address could be removed from the sybil list as we update methodology.
We will continue to refine and improve our methodology over the next two weeks of the bounty-hunting process. The initial list won't be updated during this period and won’t affect bounty hunters; the final sybil list will be released after May 31st, once bounty hunting has closed.
Sybil Bounty Hunting
The sybil bounty hunting process begins in two hours.
– Start: Today, May 18th, 2:00 UTC
– Deadline: May 31st, 23:59 UTC
– Report Requirements: At least 20 addresses with clear methodology.
– Reward: 10% of a sybil’s intended token allocation. All bounties go to the first eligible reporter of a given address.
For detailed instructions on preparing bounty reports, follow this guide:
https://t.co/T4SyZHsi38
We look forward to reviewing the community’s bounty reports.
Today, LayerZero introduces the Protocol RFP, marking the first step toward finalizing the TGE allocation.
Developers are the lifeblood of LayerZero – this RFP allows each project to establish its own allocation criteria relative to its overall token allocation.
Additionally, we’re asking each team to provide a developer’s address so that the development team can receive a 10% allocation directly to the developers.
The eligibility criteria, guidelines, and submission process are listed in the following forum:
https://t.co/oYnhWh330E
Note: The Protocol RFP is just one aspect of TGE. More information about token distribution, including a separate user allocation and future protocol allocations will be provided soon.
🚀 Milestone Alert! 🌟
🛡️A total of 60 validators have joined Babylon's Bitcoin Staking Protocol Testnet - propelling towards a more resilient, secure, and decentralized economy!
🎯 Our mission is to enable a Bitcoin-secured Proof-of-Stake economy, tapping into Bitcoin's vast $1 trillion idle capital to secure PoS systems and generate yield.
#StakingBitcoin #BitcoinDeFi #Babylon
It's time to join the Bitcoin Staking Revolution! 🔶
The Babylon Testnet goes live next week giving everyone a chance to experience Trustless Native Bitcoin Staking for the first time ever 🥳
Here's everything you need to know to secure your Bitcoin Staking Pioneer Pass NFT👇🧵
https://t.co/GX6WHZKEwG
Users, developers, and validators can engage with the testnet through Galxe's Quest platform. The Galxe Quest platform will feature activities involving the core chain, its enshrined applications, and projects building in the ecosystem.
https://t.co/uZtGRKa6TJ
We are excited to announce our partnership with @0xMantle! zkBridge and zkLightClient on @LayerZero_Labs now support Mantle!
Mantle is a modular layer-2 blockchain on Ethereum with mass adoption of decentralized and token-governed technologies.
Let’s build together on Mantle!
Dragons 🐉, the #realyield from the previous epoch is in! 📥
The APY for $HLP now stands at 36.62%! 🧧
🔸 6.69% APR from $GMX's $GLP
🔸 24.51% APR in $USDC
➡️Deposit HLP: https://t.co/4d2NzouZKk
➡️Stake HLP: https://t.co/rKB9ow39bi
$HMX #Arbitrum#DeFi#PerpDEX
📢 We're excited to announce Taiko Quest — a @Galxe campaign aimed at educating users about Taiko in a fun and interactive way.
Learn how to use our ecosystem dapps, test your knowledge about ZK-rollups, and show your support for Taiko. 🥁
Here are some more details. 🧵
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