LayerZero Fought the Sybils and Airdropped Its Token. Did the Team Win?
Host
Laura Shin
Guest
Bryan Pellegrino
53:35
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Token#20
First collect9 months ago
Most recent collect8 months ago
Unique collectors8 (80%)
Total collected10
LayerZeroâs token claims went live on Thursday, and as with every recent airdrop, there was plenty of controversy.
In this episode, Bryan Pellegrino, cofounder and CEO of LayerZero Labs, joined to discuss their ambitious anti-Sybil campaign and the subsequent token distribution. He delved into the challenges of ensuring genuine user participation, the decision to offer a self-report option for Sybil attackers, and the complexities imposed by industrial-grade farmers. Bryan shared what he would have done differently and why a mandatory donation to Protocol Guild was imposed.
Also, are airdrops dead? How can the industry improve this not-so-effective distribution method?
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