Stargate Initiates Voting on Amendment to LayerZero Token Distribution Scheme to Increase the Share of VestG Holders

On May 31st, the Stargate Foundation launched a vote on the amendment of the LayerZero token distribution plan. The amendment proposes to increase the distribution ratio of veSTG holders from the original 20% to 25%. Cross-chain bridge use and cooperative agreement allocation are reduced to 40% and 15% respectively.