The firm announced plans to issue a token in December, saying it would be released “in the first half of 2024.” In a post on X, LayerZero developers referred to the operation as “snapshot #1,” indicating that there will be a series of airdrops.
![LayerZero Takes Snapshot as Airdrop Draws Closer LayerZero Takes Snapshot as Airdrop Draws Closer](https://www.coindesk.com/resizer/X4_fcy6e1nn0rqbXWaIp7-vxD_s=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/KFRAZPPIINHA3LHD2IB62WQH7Y.jpg)
The firm announced plans to issue a token in December, saying it would be released “in the first half of 2024.” In a post on X, LayerZero developers referred to the operation as “snapshot #1,” indicating that there will be a series of airdrops.