Furu

In the week since we announced Zero, there has been a lot of speculation about ZRO’s role in Zero and on ZRO’s tokenomics. Let’s clear that up. There will be no new token for Zero. ZRO is the only asset. • ZRO will be the staking asset within Zero • ZRO will be the gas asset within Zero • All excess fees generated through priority fee (state contention) will flow through to ZRO • All excess fees generated through tips/MEV will flow through to ZRO • All trading fees from the markets zone will flow through to ZRO • All payment fees from the payment zone will flow through to ZRO • Once the fee switch is turned on within LayerZero every LZ Message will have a fee that goes to ZRO. ZRO is the only asset and all economic value generated by Zero, LayerZero, and Stargate goes directly to ZRO. Additionally, total institutional purchases, buyouts of early investors, and LayerZero buybacks now total to 19.77% of the total token supply with the majority of this being the buyout of upcoming unlocks and early investors. Most public dashboards don’t account for this, and overstate the pressure from upcoming unlocks by almost 2x. We're building Zero with an ambitious goal: to provide permissionless infrastructure for a better world. We'll see you at mainnet this fall.