ZKsync to airdrop 3.6 billion ZK tokens next week
The ZKsync Association is set to airdrop 3.675 billion ZK tokens to early users and adopters of the Ethereum Layer 2 network ZKsync next week.
This represents 17.5% of the ZK token's total supply of 21 billion tokens, ZKsync said Tuesday. This will be a one-time airdrop, and users will be able to claim their tokens starting next week until Jan. 3, 2025, ZKsync said. Contributors will be able to claim from June 24.
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 in a statement. "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."
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