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Home ยป LayerZero Witch Hunter Bribed Official Statement June Airdrop Guaranteed No Rewards for False Reporting
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LayerZero Witch Hunter Bribed Official Statement June Airdrop Guaranteed No Rewards for False Reporting

Jun. 9, 20243 Mins Read
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LayerZero Witch Hunter Bribed Official Statement June Airdrop Guaranteed No Rewards for False Reporting
LayerZero Witch Hunter Bribed Official Statement June Airdrop Guaranteed No Rewards for False Reporting
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The witch self-reporting program of the LayerZero full-chain interoperability protocol is scheduled to officially end at the end of May. LayerZero officials are currently conducting final reviews. However, at this time, a witch hunter has revealed that they were bribed by the reported party. In response to this, Bryan Pellegrino, CEO of LayerZero, today urged reporters not to modify or delete their reports, as this may result in the inability to receive rewards.

With a valuation of over $3 billion, LayerZero, a full-chain interoperability protocol, is one of the most anticipated airdrop projects this year. LayerZero announced the completion of the first phase of the airdrop snapshot last month and subsequently launched the “Witch Self-Reporting Program,” allowing users to voluntarily report whether their addresses have engaged in witch activities.

The witch self-reporting program consists of two stages:

Stage 1: Users voluntarily report whether their addresses have engaged in witch activities. If they self-report, users will receive a 15% airdrop reward. If they do not self-report, the official will release a list of identified witch addresses, and the airdrop reward for users on the list who did not self-report will be reset to zero.

Stage 2: The official will open up bounties, and users can submit detailed reports of witch activities. Successful reports will result in witch users gaining nothing, while bounty hunters will receive 10% of the expected distribution for witches.

At the end of the first stage, LayerZero initially identified 803,093 addresses as witch accounts. After the second stage officially ended on May 30th, LayerZero stated that they will compile a complete list of witch addresses, estimating that the total number of witch addresses will exceed one million and have already discovered 60,995 witch-related wallets through Nansen’s behavioral model.

It is worth noting that the witch hunter @SybilHorror6 revealed today that after submitting their report for public review, an anonymous individual contacted them through a message on the chain, offering $12,000 as a bribe to delete 3 witch-related clusters and a total of 172 reported addresses in the report.

According to a screenshot shared by @SybilHorror6, the anonymous individual wrote:

LayerZero advises against modifying or deleting reports

In response to this, Bryan Pellegrino, CEO of LayerZero, strongly advised reporters not to modify their reports. The LayerZero team has original records on GitHub and Commonwealth, and editing or deleting reports may result in the inability to receive rewards.

Earlier, Bryan Pellegrino stated on the 7th that the witch review work has not yet been completed, but he did not disclose a specific time. However, he emphasized that the airdrop will definitely take place in June.

On the 5th, Bryan Pellegrino mentioned that he hopes to have two more months to review the witches, pointing out that there are some very obvious large witch clusters involving thousands of addresses. However, due to time constraints, he had to give up the review, and the TGE schedule of LayerZero will not change.

Related Reports
Fat Penguin NFTs ride the LayerZero airdrop wave, but token distribution proposal sparks community backlash
The largest witch hunt in history comes to an end: LayerZero plays out the prisoner’s dilemma in the currency circle
The contradiction behind the witch review of LayerZero: the human struggle between scale and interests

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