LayerZero Identifies 803K Sybil Addresses in Self-Reporting Phase

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LayerZero has concluded its Sybil self-reporting phase, identifying 803,093 potential Sybil addresses, down from over 2 million. Each self-reported address will receive 15% of its intended token allocation, with the remainder distributed to qualified users. A community bounty will also start on May 18th and last two weeks. This bounty aims to reward participants who report at least 20 sybil addresses. Successful reporters will receive 10% of the expected Sybil token distribution. The final sybil list will be published after the bounty hunt concludes on May 31st.