Nearly 24% of the token’s supply will be distributed to LayerZero users and developers.

The newly launched ZK token trades at a more than $900M TVL after suffering a 20% drawdown.

The billion-dollar ZK airdrop proves to be controversial as users review distributions and anti-sybil measures.

Contributors can claim their tokens starting June 24.

Roughly 50 million tokens, or 5% of the total supply, can now be claimed.

The Ethereum Layer 2 network’s long-awaited airdrop is expected in mid-June.

The list is preliminary and not definitive until the final report is published.

The EIGEN token is not yet transferable but can be staked and delegated to EigenDA node operators.

Sybil farmers that self-report will still receive 15% of their intended airdrop allocation.

Are those traders right or entitled?