LayerZero Labs contributed the following description of VeDistributor:

VeDistributor is a contract to distribute Stargate protocol revenue in form of USDC to veSTG holders, based on a snapshot taken on a given block of veSTG balances.

Zellic conducted a security assessment for LayerZero Labs on September 5th, 2025. During this engagement, Zellic reviewed VeDistributor's code for security vulnerabilities, design issues, and general weaknesses in security posture.