ZKsync to Airdrop 3.675 Billion ZK Tokens to 695K Wallets Next Week
ZKsync, Ethereum’s first zkEVM chain, is set to airdrop 3.675 billion ZK tokens to 695,232 wallets next week. The distribution marks the largest token airdrop among major rollups, seeking to decentralize governance and reward active community members.
ZKsync revealed on June 11 that 17.5% of the token’s total supply of 21 billion would be distributed to 695,232 eligible wallets. The remaining tokens are allocated for various initiatives, the zkSync team, investors, and a “token assembly.”
The airdrop will reward real users and contributors within the ZKsync ecosystem. The distribution will be divided into two main categories: 89% for users who have transacted on ZKsync and 11% for contributors such as developers, researchers, and community advocates.
Introducing the ZK Token
Checker → https://t.co/O2UonCvfzi
Announcement → https://t.co/hjgI14PHoi
Docs → https://t.co/taWBoCnfbc
It’s time to put the ZK token into the hands of the community. It’s your turn to govern ZKsync’s future. pic.twitter.com/VD3fZgH5bf
— ZK Nation (@TheZKNation) June 11, 2024
A further 49.1% of the token supply will be distributed through ecosystem initiatives, with 17.2% allocated to investors and 16.1% to the Matter Labs team.
“Awarding more tokens in the airdrop than to the Matter Labs team and investors is more than a symbolic decision for the community,” said the ZKsync Association. “When the ZKsync governance system launches in the coming weeks, the community will have the largest supply of liquid tokens to direct protocol governance upgrades.”
The ZKsync team said their community members can check their eligibility and claim their tokens starting next week via the claim portal . The claim period extends until January 3, 2025, with specific
Read more on cryptonews.com
