The post ZKsync to Airdrop 3.6 billion ZK Tokens To Eligible Wallets Next Week appeared on BitcoinEthereumNews.com.

The ZKsync Association has announced that it will airdrop 3.675 billion ZK tokens to eligible early users and adopters of ZKsync, the Ethereum Layer2 network, next week. Around 695,232 wallets are eligible for the airdrop, with Matter Labs CEO stating the airdrop will reward “real people first.” ZKsync Set For Airdrop The 3.6 billion ZK tokens represent 17.5% of the total 21 billion ZK tokens supply. ZKsync stated that the airdrop will be a one-time airdrop, with users able to claim their ZK tokens beginning next week. Users can claim their ZK tokens until January 3, 2025. Additionally, contributors will be able to claim their tokens starting from June 24. ZKsync will distribute an additional 49.1% of the ZK token supply through ecosystem initiatives. 17.2% of the tokens will be 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. 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.” Details Of The Airdrop  According to ZKsync, 695,232 wallets were shortlisted for the airdrop. The wallets were shortlisted based on a snapshot of each wallet’s activity on ZKsync Era and ZKsync Lite, taken on March 24, 2024, at 0:00 UTC. This date also marked the one-year anniversary of the mainnet launch of ZKsync Era.  The airdrop, comprising 17.5% of the total ZK token supply, will be split between two sets of community members. 89% of the airdrop is allocated to users, while 11% has been allocated to contributors. Users comprise those who conducted transactions on ZKsync and met a specified threshold for activity. On the other hand, contributors are developers, researchers, individuals,…

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Filed under: News - @ June 13, 2024 6:20 am