HomeCrypto NewsStargate community launches proposal on LayerZero token distribution

Stargate community launches proposal on LayerZero token distribution

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The Snapshot page shows that the Stargate community has initiated a proposal for the potential LayerZero token distribution obtained through the LayerZero RFP process. The proposal aims to determine the best LayerZero token distribution method to meet community goals.

The proposal involves the distribution of LayerZero tokens for the Stargate Protocol and Aptos Bridge, including 60% to bridgers, 20% to veSTG holders, and 10% to LP providers.

In addition, the AptosBridge proposal suggests that 90% be allocated to users bridging through AptosBridge and 10% to partner protocols built on AptosBridge.

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