LayerZero CEO Reports Increase In User Acknowledgement As 'Witches'

According to BlockBeats, Bryan Pellegrino, co-founder and CEO of LayerZero Labs, recently responded to a community user's query about the number of people acknowledging themselves as 'witches'. Pellegrino stated that the last time he checked, there were approximately 30,000 such users, and he expects the number to have increased since then. On May 4th, LayerZero officially announced that all 'witch' users would have an opportunity to self-report within the next 14 days and would receive an expected allocation of 15%. This move is seen as an effort by the company to engage its user base and encourage active participation within the community. It is important to note that the term 'witches' here refers to a specific user category within the LayerZero platform. The company has not provided further details on the criteria for this categorization or the implications of the self-reporting initiative.