Wu said that according to Lookonchain, Merkly Dev: 0xe5…98e2 donated 2.83 ETH to obtain the Merkly RPF distribution share of 102,068.5 ZRO for developers. Then Merkly Dev: 0xe5…98e2 sold all 102,068.5 ZRO on the chain and exchanged them for 106.69 ETH (about 374,000 US dollars). KOL CC2 stated that in order to express opposition to this sales behavior, it will terminate the contract as a Merkly consultant and will no longer receive any revenue sharing. He claimed that he purchased $50,000 worth of ZRO for $5.05. Previously, Merkly was accused of being a large-scale sybil farming application of LayerZero.
