ZKsync Announces Massive ZK Token Airdrop 🪂
The ZKsync Association is launching a major token airdrop for nearly 700,000 eligible wallets. Led by Matter Labs' founder and CEO, Alex Gluchowski, this initiative aims to empower individuals and mark a significant moment in decentralized finance. The airdrop, set for next week, will distribute 17.5% of the ZK token supply (3.675 billion tokens) to early adopters of the Ethereum Layer 2 network, ZKsync, available until Jan. 3, 2025.
The distribution strategy prioritizes community-driven governance, with a larger share for the community than the Matter Labs team and investors. Eligibility for the airdrop, determined by activity snapshots from March 24, 2024, includes 695,232 wallets, split into users (89%) and contributors (11%).
The airdrop uses a points-based system rewarding various actions, such as interacting with smart contracts and depositing liquidity into DeFi protocols. Tokens are allocated based on bridged assets to ZKsync Era, ensuring a minimum of 917 ZK per wallet, with no vesting or lock-up periods. Gluchowski emphasizes community governance's role in the protocol's future.
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