PANews, February 20: Bryan Pellegrino, co-founder and CEO of LayerZero Labs, stated that the newly launched Zero will not issue a new token; ZRO will serve as the sole asset within the ecosystem for staking and gas payments. All fees—including priority fees (state contention), tips/MEV, market zone transaction fees, payment zone fees, and all message fees after LayerZero’s fee switch is enabled—will flow to ZRO. He also noted that institutional purchases, early investor buybacks, and project team buybacks together account for approximately 19.77% of the total supply, primarily used to repurchase tokens即将解锁 and early investor allocations, with existing public unlock pressure data being overstated.
LayerZero CEO Confirms No New Token for Zero; ZRO to Support Entire Ecosystem
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Summary
LayerZero CEO Bryan Pellegrino confirmed that Zero will not introduce new token listings, with ZRO remaining the core asset for staking and gas. All fees, including MEV and message charges, will flow to ZRO. Institutional and early investor buybacks have already covered 19.77% of the supply, primarily to repurchase unlocks. He added that current public unlock pressure is overestimated. The decision supports ecosystem growth by consolidating value within ZRO.
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