PANews reported on August 5 that the EVM-compatible zkRollup network Zircuit announced the ZRC token economics in the official document. The total supply of ZRC tokens is 10 billion, with the following specific distribution: 21% allocated to airdrops and community rewards (7% allocated to the first quarter airdrops, and 14% allocated to future airdrops and community rewards); 12.61% allocated to community regulations; 17.93% allocated to ecosystem development; 18.70% allocated to the foundation; 18.74% allocated to the team; and 11.02% allocated to investors.

Regarding the first quarter airdrop, 7% of the total supply of ZRC is allocated to the first quarter points, and 262,200 unique addresses are eligible to claim. The first quarter airdrop snapshot was taken at 00:00 on July 8, 2024, Beijing time. The document also mentioned that as ZRC gets closer to TGE (transferability), the information will be updated.