Stargate's new proposal suggests that 90% of the potential LayerZero token shares be distributed to cross-chain users, veSTG voters, LPs, etc.

The Snapshot page shows that the Stargate community has initiated a "Distribution of RFP" proposal vote, which will end on May 29. The proposal describes the strategic framework of the RFP that Stargate DAO is about to release. The four main factors discussed for the potential LayerZero token distribution include: governance participants, LPs, bridges, and partner agreements. The proposal suggests that after 10% of the shares are distributed to developers, the remaining 90% will be distributed, of which 38.5% will be distributed to cross-chain users (total transaction volume of at least 5,000, with a maximum limit of 750,000); 36.25% will be distributed to veSTG voters; 25% will be distributed to LPs (providing liquidity for at least 1 week, with a minimum of $250 and a maximum of $5 million in liquidity funds); 0.15% will be distributed to proposers; and 0.1% will be distributed to think tanks (ThinkTank). The Stargate Foundation will submit an RFP to the LayerZero Foundation after the voting closes and announce the winning address calculated based on proposals submitted before June 10th. Tokens will be distributed by the LayerZero Foundation thereafter.