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ZkSync Announces 3.675 Billion ZK Token Airdrop to 695,232 Wallets Next Week

Jun 11, 2024, 08:58 AM

ZkSync, an Ethereum Layer 2 network developed by Matter Labs, has announced a significant airdrop of 3.675 billion ZK tokens. The airdrop, which will take place next week, will distribute 17.5% of the total token supply to 695,232 eligible wallets. The tokens are fully liquid from day one, with no vesting or lock-up periods. This initiative aims to reward early network users and ensure community governance. The ZK Nation governance system has also been introduced to support the protocol's future. The airdrop checker is now live, allowing users to verify their eligibility. Eligibility is based on activity snapshots from March 24, 2024. A cap has been set to limit allocations to 100,000 tokens per address. Matter Labs founder and CEO Alex Gluchowski stated that the airdrop is designed to reward “real people first.”