Airdrops· ★★★· bearish·

LayerZero to unlock 23.63M ZRO on Oct 20, worth $46.8M

  • —Unlock covers 23.63M ZRO, valued at roughly $46.78M
  • —The tranche equals 5.91% of circulating supply
  • —Tokens are earmarked for core contributors and strategic partners
  • —An unlock does not mean tokens will be deposited or sold immediately
Why it matters: The 5.91% supply release could pressure ZRO's price if recipients choose to sell.
#ZRO
Source: TokenPost
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LayerZero jumps 23% to $2.25, but 25.7M ZRO unlock looms