LayerZero Sets 23.63 Million ZRO Token Unlock for Oct. 20
Photo: TokenPost
LayerZero has scheduled the release of 23.63 million ZRO on Oct. 20, an allocation equal to 5.93% of the token’s circulating supply. The unlock is set for 1:33 a.m. ET (05:33 UTC). Core contributors will receive 10.63 million ZRO, while strategic partners are allocated 13 million tokens. The schedule identifies when the tokens become available but does not specify how many will enter the market. It also does not establish whether recipients will sell their allocations. ZRO’s circulating supply is 399.18 million, with a maximum supply of 1 billion.
Source: TokenPost
