LayerZero Announces Completion of Rewards Distribution to Multi-Account Reporters

IconCryptoNewsTerminal Staff24 Jul, 2024

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LayerZero Announces Completion of Rewards Distribution to Multi-Account Reporters

LayerZero, the renowned cross-chain messaging protocol, has officially concluded the "finalization of the Sybil Hunter (reporter) leaderboard" as it announced via its official Twitter handle. According to the announcement, the "Hunter rewards will be completed by 10 AM KST on the 25th." This announcement marks the culmination of a series of events related to LayerZero's reporting system. In a previous update, the LayerZero team had introduced a "Sybil Hunter" program, which aimed to identify and reward users who reported duplicate or malicious accounts. The successful completion of the rewards distribution signifies LayerZero's commitment to maintaining the integrity and security of its network. By incentivizing users to report suspicious accounts, the protocol ensures that its platform remains a trusted environment for cross-chain communication.

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