Understanding ZRO Buybacks

ZRO is the network token of LayerZero. ZRO buybacks occur on a monthly basis, based on Stargate revenue. 

Buybacks can be tracked here. 

Stargate: Revenue Used to Purchase ZRO

Stargate is the interface for value transfer built on top of LayerZero. It enables users to move and swap assets across blockchains through a unified cross-chain experience.

With more than $90 billion in historical volume transferred, Stargate is the largest bridge in crypto, supporting over 400 assets across 96 chains. Acquired by LayerZero in August, Stargate now operates as a LayerZero product and serves as a public interface for end-users for products like OFTs and Fast Swaps.

Revenue generated by Stargate—fees collected from cross-chain swaps and transfers—is used to purchase ZRO on the open market.

Buyback Details:

• Cadence: Purchases occur on a monthly basis, tracked here: https://layerzero.foundation/zro-buybacks
• Funding Source: Fees collected through Stargate usage. 
• Revenue Share: During the initial six months post-acquisition, 50% of Stargate revenue is allocated to ZRO buybacks. After the revenue-share agreement with former veSTG holders concludes, 100% of Stargate revenue will be directed to ZRO buybacks.

From September through November 2025, Stargate generated $2.4 million in revenue, of which $1.2M was used to purchase ZRO on the open market.

Summary

Stargate connects ZRO to cross-chain value transfer and liquidity.

Going forward, Stargate is expected to extend beyond bridging through new products such as Fast Swaps, positioning it as a complete interface for value transfer across payments, trading, and yield with a goal of $100M ARR in 2026.