LayerZero Labs CEO Bryan Pellegrino announced that the newly launched Zero platform will not issue new tokens, with ZRO designated as the sole asset for staking and gas payments. All ecosystem fees, including priority fees, tips, and transaction fees, will be directed to ZRO. Pellegrino highlighted that institutional purchases and buybacks by early investors and the project team already account for 19.77% of ZRO's total supply, primarily for acquiring soon-to-be-unlocked shares. He also suggested that concerns over public unlocking pressure are overstated.
LayerZero CEO Confirms No New Tokens for Zero, ZRO to Capture Ecosystem Value
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