Editor: Karen, Foresight News
The much-anticipated zkSync airdrop distribution plan has been finalized. The zkSync Association will conduct a one-time airdrop of 3.6 billion ZK tokens to early users and adopters of zkSync next week, with 695,232 eligible wallets. The snapshot time is March 24th, and community members can check the airdrop eligibility at Claim.zknation.io and can claim the airdrop starting next week until January 3, 2025.
The airdrop represents 17.5% of the total supply of ZK tokens. Users will be able to claim their tokens starting next week until January 3, 2025. Contributors will be able to claim starting June 24.
Who is eligible for the zkSync airdrop?
Two categories of zkSync users are eligible for a total of 17.5% of the airdrop:
1. Users (89%): zkSync users who transact on zkSync and meet the activity threshold.
2. Contributors (11%): Individuals, developers, researchers, communities, and companies that contribute to the zkSync ecosystem and protocol through development, advocacy, or education (not related to activity on zkSync).
Airdrop eligibility and allocation are based on a snapshot of zkSync Era and zkSync Lite activity taken on March 24, 2024 at 00:00 UTC to mark the first anniversary of the zkSync Era mainnet launch.
How is the zkSync airdrop distributed?
Eligibility: zkSync checked every address that has transacted on zkSyncc Era and zkSync Lite against the eligibility criteria to identify real users who are serious about taking the time to explore zkSync. Each address must have at least one credit to be eligible for the airdrop.
Allocation: After determining the eligibility of the wallet, the airdrop allocation is calculated based on the crypto assets that have been cross-chained to the zkSync Era. The formula adjusts the address's allocation based on the assets it has in the zkSync Era (in the wallet and in DeFi) and how long those assets have existed in the zkSync era. The more points you earn, the larger the final allocation, with a cap of 100,000 ZKs for a single address.
Multipliers: Each address can earn multipliers based on activity that indicates real human behavior or a high likelihood of contribution to zkSync. These multipliers apply to eligibility and allocation for zkSync Era and Lite usage.
Own zkSync native NFTs;
Support the zkSync ecosystem by holding the zkSync native ERC 20 token;
Experiment with zkSync Era’s native account abstraction using a smart contract wallet;
Receive and hold previous airdrops from other ETH communities;
Transact with major ETH mainnet smart contracts and explore new use cases and DApps.
Each address that meets the above "Eligibility", "Allocation" and "Maturity" is granted a token allocation. A single address must meet the minimum requirement of 450 ZK, and the airdrop is capped at 100,000 ZK. Tokens of addresses with less than 450 ZK will be recycled back to the pool.
Sybil Detection: This airdrop is designed to reward "real users". The vast majority of Sybil addresses have been eliminated through eligibility and distribution criteria. Each wallet undergoes an additional Sybil detection step. zkSync said that there are more than 6 million unique addresses on zkSync Era, and the ZK airdrop focuses on using a people-based approach to identify real users. The on-chain history of a wallet reveals a lot about the habits of its owner. Real people are often willing to take risks, especially those who feel they are part of the community. They spend time on the chain, ape in, trade, try new protocols, and hold speculative assets. Assets connected by real users will eventually flow into DApp and DeFi protocols, becoming the lifeblood of a high-liquidity ecosystem. Users should be rewarded in proportion to their impact on the success of zkSync.
More than half (5.8%) of the Contributor Airdrop allocation includes treasuries for zkSync native projects based on zkSync Era, including DeFi protocols, ZK chains, NFT collections, decentralized markets, infrastructure, games, etc. The remaining Contributor Airdrops are allocated to contributors, companies, and individuals who laid the foundation for ZKysnc:
1. Contributors to the Ethereum development organization, including implementation clients, consensus clients, developer tools, RPC, and other projects that have a positive impact on zkSync.
2. Contributors to Github repositories who have advanced blockchain technology and have directly or indirectly contributed to the success of zkSync, including significant work related to blockchain, zero-knowledge proofs, developer tools, and developer education.
3. An educator who provides training to developers and security researchers, and contributes to the zkSync community center on GitHub.
Contributor to Github repositories working on zero-knowledge proofs, Ethereum development tools, open source software.
4. Security researchers who participate in audit competitions hosted by Cantina, Code 4 rena, and CodeHawks.
5. zkSync community mods, ZK Credo translators, ZK Quest participants, and live event attendees.
Additionally, 0.4875% of the total supply was allocated to a small group of experimental on-chain communities exploring new ways to organize with tokens and NFTs. These communities include $DEGEN and $BONSAI airdrop recipients, Crypto the Game players, and Pudgy and Milady holders.
The zkSync snapshot is March 24th, and community members can check airdrop eligibility on the Claim.zknation.io website and can claim the airdrop starting next week until January 3, 2025. Eligible GitHub developers and zkSync GitHub Discussion Helpers must link their addresses to their accounts by June 25th. External projects, Protocol Guild, and zkSync native project contributors will be able to claim starting June 24th, 2024.
How are zkSync tokens distributed?
The total supply of ZK tokens is 21 billion tokens, excluding airdrops, the community allocation accounts for 66.7%, the ecosystem incentive accounts for 19.9% (distributed by the zkSync Foundation), investors allocate 17.2%, the team allocates 16.1%, and Token Assembly allocates 29.3%. The tokens allocated to investors and the team will be locked in the first year and then unlocked in 3 years between June 2025 and June 2028.
zkSync said that two-thirds (about 67%) of the ZK tokens will be allocated to the community. Of these, 17.5% of the total supply will be distributed through a one-time airdrop, and the remaining community tokens will be distributed over time through ecosystem programs managed by the zkSync Foundation and ZK Nation governance processes to support the growing ecosystem.
