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LayerZero CEO: Witch self-reports are not targeted at individual users, but at large witch hunters

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2024-05-06 07:05:48
On May 6th, LayerZero CEO Bryan Pellegrino said on the social platform that the witch self-report is not for people, but for large industrial witch farms. The focus of the report is on large-scale witches rather than individual users.
Previously, on May 4, LayerZero officially said that all witch users will be given a chance to self-report within the next 14 days, and in return, they will receive 15% of the expected distribution. If witch users do not self-report before the end of the 14-day period (23:59:59 UTC on May 17), LayerZero will enter the following two stages:
Phase 1: A list of all identified witches on LayerZero will be published - those identified but not self-reported will receive a 0 allocation.
Phase 2: LayerZero will launch a bounty campaign, allowing users to submit detailed reports on witch activity. Successful reports will result in a Witch user receiving 0 assignments, while Witch Hunters will receive 10% of the expected distribution of the Witch's address.
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