LayerZero

Explore LayerZero (ZRO) token rights, holder benefits, governance power, and revenue distribution on DefiLlama.

LayerZero (ZRO) Token Rights & Governance

After the acquisition of Stargate Finance, excess Stargate revenue funds monthly ZRO buybacks on the open market.

ZRO's primary utility is governance over the protocol fee switch through a fixed, immutable onchain mechanism. If the fee switch is activated through governance, the referendum Treasury Contract will collect fees on the local chain and burn them.

ZRO is the limited governance token, allowing holders to control protocol fee accrual and functioning as a utility token that can be used today to pay LayerZero messaging fees and to stake into CryptoEconomic Decentralized Verifier Networks (DVNs) for cryptoeconomic security under the optional EigenLayer-based framework.