Addressing Sybil Activity
AI summary of the linked articleLayerZero argues that its token distribution should go to the most durable users, defined as those most likely to keep using the protocol or repeat past actions, rather than to sybil addresses. Almost 6 million unique wallet addresses have interacted with LayerZero since its launch over two years ago. Sybil users have 14 days, ending May 17 at 23:59 UTC, to self-report in exchange for 15% of their intended allocation, with no questions asked. Unreported sybils would first face a published list of identified addresses that receive nothing, then a bounty in which reporters receive 10% of the sybil's intended allocation. |
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2 comments  timSubmitter There‘s an interesting segment in LayerZero‘s address to limit Sybil activity, namely that bot runners can self-report their illegitimate behavior, and then they still get a little bit of the airdrop: We are giving all sybil users an opportunity to self-report within the next 14 days in return for 15% of their intended allocation, no questions asked. Kinda reminds me of how self-reporting tax fraud prevents punishment in some countries too.  I think they're following the HOP Protocol playbook - this is what they did about 2 yrs ago when they did an airdrop: https://hop.mirror.xyz/AI5fOUR0X_l0mktShDOx3mwr-hsB24gp8GvTWtS-MBc?utm_source=Dune |