LayerZero CEO: Witch self-reporting is not for individual users, but for large-scale witch hunters
On May 6, LayerZero CEO Bryan Pellegrino said on the social platform that witch self-reporting is not for people, but for large industrial witch farms. The focus of the report is on large-scale witches rather than individual users. Earlier news, on May 4, LayerZero officially stated that it would give all witch users a chance to self-report within the next 14 days, and in return, they would receive 15% of the expected distribution. If the witch user does not self-report before the end of the 14-day period (UTC time May 17 23:59:59), LayerZero will enter the following two stages: Stage 1: A list of all identified witch users of LayerZero will be released-those who have been identified but have not self-reported will receive 0 distribution. Stage 2: LayerZero will launch a bounty campaign, and users can submit detailed reports on witch activities. A successful report will result in the witch user receiving 0 distribution, and the witch hunter will receive 10% of the expected distribution of the witch address.
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.
You may also like
Benchmark analyst reiterates "Buy" rating on Japanese crypto company Metaplanet

GAIN official: Investigating issues related to abnormal token over-issuance
Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.