LayerZero CEO: Witch self-reporting is not for individual users, but for large-scale witch hunters
LayerZero CEO Bryan Pellegrino stated on social media that the witch self-reporting is not targeted towards individuals, but towards large industrial witch farms. The focus of the report is on large-scale witches rather than individual users.Previously, on May 4th, LayerZero officials stated that they would give all witch users a chance to self-report within the next 14 days, and in return, they would receive the expected allocation of 15%. If witch users do not self-report before the 14-day deadline ends (UTC time May 17th, 23:59:59), LayerZero will enter the following two phases:Phase 1: LayerZero will release a list of all identified witch usernames - those who have been identified but have not self-reported will receive 0 allocation.Phase 2: LayerZero will launch a bounty program where users can submit detailed reports on witch activity. Successful reports will result in witch users receiving 0 allocation, while witch hunters will receive 10% of the expected allocation for witch addresses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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