LayerZero Labs recently concluded a snapshot for an imminent crypto airdrop, intending to encourage engagement and decentralise governance in its network.
Simultaneously, Anvil Protocol commenced the initial phase of its mainnet launch, preparing to introduce its governance token, ANVL, with a total supply of 100 billion tokens.
Anvil's governance model is community-driven, with the ANVL token playing a pivotal role.
The token distribution process includes a snapshot at an Ethereum block height of 20,000,000 around June 1, 2024, ensuring fairness and transparency in distribution.