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Today on #Layerzero alpha:
$ZRO is now live on CoinMarketCap. It's worth noting that @CoinMarketCap doesn't list a token on their platform without prior communication with the project's founders.
Project essence is scheduled to launch on the mainnet by Q3 2023.
You might be wondering, what does this have to do with $ZRO?
"Link to the announcements tweet: https://t.co/uICVmX0WZa"
Project Essence is an exciting new initiative. Its goal is to simplify the setup and operation of validators on the LayerZero network, particularly for smaller teams. Traditionally, this process has been complex and time-consuming, often requiring a dedicated team of DevOps engineers. However, with Essence, that's no longer the case. It offers a turnkey solution that can be set up in under an hour.
Now, let's get to the interesting part. Keep reading 👇
Project Essence will utilize the $ZRO token to incentivize validators. Validators who participate in the network and secure transactions will be rewarded with $ZRO tokens. The number of $ZRO tokens earned by validators will depend on the amount of staked $ZRO tokens they hold and the volume of transactions they process.
Realistically, if there are no technical issues causing a delay, we can expect the $ZRO airdrop to occur in Q3 of this year. 🪂
This assumes that the launch of Project Essence proceeds as planned.
Feel free to do whatever you wish with this information. 👏
Please note that this is solely my own opinion, and there is a possibility that I could be completely wrong. However, I base my perspective on facts.
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