Thread by @mpost_io

The snapshot for LayerZero has been confirmed!

🎉Exciting news from @0xKevin00

https://twitter.com/0xkevin00/status/1660662660235665408

This update is a major milestone for the @LayerZero_Labs community, demonstrating their ongoing commitment to decentralization and active governance.

#LayerZero #airdrop

@0xKevin00 @LayerZero_Labs 2/ The snapshot is a key part of LayerZero's vision to create a truly decentralized ecosystem where users have a direct impact on the protocol’s direction. It's all about putting power back in the hands of the community.🌐🤝

@0xKevin00 @LayerZero_Labs This move could see an increase in participation from holders of LayerZero's native token.

The snapshot, serving as a record of all holders at a specific point in time, is often used as a basis for governance decisions and airdrops.📊

@0xKevin00 @LayerZero_Labs The top insider from Lumao studio has confirmed that @LayerZero_Labs has taken a snapshot.

Previous predictions about $ARB and $SUI were relatively accurate, and this time it's probably no different - 99% accurate!

@0xKevin00 @LayerZero_Labs Here are the types of addresses that might be reversed according to the insider

⚠️ that have been inactive for a month
⚠️ with fewer than 5 transactions
⚠️ with less than 2 cross-chain transactions
⚠️ with consistent on-chain behavior
⚠️ that are involved in circular transfers

@0xKevin00 @LayerZero_Labs Stay tuned for more updates from @LayerZero_Labs Labs as they continue to drive the evolution of the Web3 space.

We @mpost_io are excited to see what comes next on their roadmap.🚀 #LayerZero

Note: This thread doesn't constitute financial advice. Always do your own research.