Top Crypto Exchanges Support New ‘Omnichain’ Altcoin

Trading Support

Major crypto exchanges like Coinbase and Binance have added support for ZRO, the native token of the LayerZero project. This “omnichain” protocol aims to connect different blockchains.

Proof-of-Donation

LayerZero has introduced a “proof-of-donation” mechanism to claim ZRO. Users can donate a small amount of cryptocurrency to support the Protocol Guild, which funds Ethereum development.

Initial Volatility

ZRO, which is now ranked 90th by market cap, saw a drop of around 20% on its first day of trading. It is currently priced at $3.57.

Disclaimer

Cryptocurrency investments are high-risk. Conduct thorough research before investing.