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ZKsync launches ZK tokens. What are the conditions and distribution of ZK token airdrops?

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Release: 2024-06-15 09:12:48
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Vision and Goals of ZK Token

Decentralized Governance Model

ZKsync stated that in order to ensure that ZKsync remains trustless and censorship-proof, the protocol must be led by diverse and passionate community members to govern. Transferring important power to truly participating community members is the key to establishing decentralized governance.

ZKsync launches ZK tokens. What are the conditions and distribution of ZK token airdrops?

Functions and applications of ZK tokens

Protocol upgrades and network fees

ZK tokens allow currency holders to introduce and vote Decide on protocol upgrades and pay network fees through ZKsync's native account abstraction. Through governance-driven protocol upgrades, the community can further develop ZK and introduce staking and other features.

Coordination tool for technological innovation

With the launch of more ZK chains, ZK tokens will become an important tool for coordinating technological innovation, followed by Lens Network, Cronos zkEVM, GRVT, etc. coming soon.

ZK’s community distribution plan

Two-thirds (approximately 67%) of ZK tokens will be distributed to the community. 17.5% of the overall supply will be distributed via a one-time airdrop, with the remainder distributed through the ecosystem program managed by the ZKsync Foundation and ZK Nation governance processes to support new users on-chain.

Airdrop Plan: MOAD

17.5% of the airdrop will be distributed to 695,232 wallets, making it the largest user token distribution in a major rollup. The tokens are fully liquid on day one without any lock-up period. ZKsync airdrops will be concentrated to real users and reveal the behavioral habits of their holders through the wallet’s on-chain history.

ZK Airdrop Conditions and Distribution

Participant Qualifications

There are two ways to qualify for the 17.5% airdrop:

1. User ( 89%): Users who transacted on ZKsync and reached the activity threshold.
2. Contributors (11%): individuals, developers, researchers, communities and companies who contribute to the ZKsync ecosystem and protocol through development, promotion or education.

How ZK is allocated

Each address must meet a basic point and then be allocated based on its assets on ZKsync Era. The length of time the assets have been in the wallet and DeFi will also affect the final allocation .

Understand ZKsync’s airdrop mode

User Behavior Progressor

Each address can receive a multiplier based on its activities, which include owning ZKsync native NFT, holding ZKsync native ERC20 tokens, using smart contract wallets, and more.

Smart Sybil Detection

At the end of the distribution process, each wallet goes through additional Sybil testing to eliminate most obvious bots.

Contributor’s ZK Quota

A small portion (11%) of the airdrop is allocated to individuals, developers, researchers who contribute to the ZKsync ecosystem and protocol through development, promotion, or education people, communities and companies.

Project Treasury Support

These allocations include treasury for ZKsync native projects, such as DeFi protocols, ZK chains, NFT collections, decentralized markets, infrastructure, games, etc.

How to check the ZK airdrop and apply for the ZK airdrop

Check the qualifications and claim ZK tokens

Community members can check the qualifications at claim.zknation.io and can Claim your tokens starting next week until January 3, 2025.

Please go to the ZKSync official page to confirm that the URL is correct.

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