LayerZero CEO: Witches "Hunting" and Long-Term Users Keep ZRO Price Stable

On September 9th, Bryan Pellegrino, CEO of LayerZero Labs, stated at the South Korea Blockchain Week that proactive "witch hunting" activities and prioritizing developers and long-term users have helped maintain the stability of LayerZero's native token ZRO price after its airdrop. Pellegrino also said that LayerZero has done many "very unique" things through airdrops, including "large-scale witch hunts", preventing robots and over-farming to deliver its native ZRO tokens into the hands of the network's most loyal users. The price drop of LayerZero's native token ZRO is smaller compared to Ethereum L2 Starknet (STRK) and ZKsync (ZK), which launched their airdrops during the same period. Since its listing, the price of ZRO has only dropped by 23%.