ZKsync is finally launching its ZK token. What is the purpose and distribution of the ZK token?
ZK Token’s Vision and Goals
Decentralized Governance Model
Functionality and Applications of ZK Token
Protocol Upgrades and Network Fees
Coordination Tool for Technical Innovation
ZK Community Distribution Plan
MOAD Airdrop Plan
Conditions and Distribution of ZK Airdrop
Participant Eligibility
How ZK is Distributed
Understanding ZKsync’s Airdrop Model
User Behavior Accumulator
Intelligent Sybil Detection
Contributor’s ZK Quota
Project Treasury Support
How to Check ZK Airdrop, Claim ZK Airdrop
ZKsync states that in order to ensure that ZKsync remains trustless and censorship-resistant, the protocol must be governed by a diverse and passionate community. Transferring significant power to truly engaged community members is key to establishing decentralized governance.
ZK Token allows holders to introduce and vote on protocol upgrades and pay network fees through ZKsync’s native account abstraction. Through governance-driven protocol upgrades, the community can further develop ZK, introducing staking and other features.
With the launch of more ZK chains, ZK Token will become an important tool for coordinating technical innovation, with Lens Network, Cronos zkEVM, GRVT, and others coming soon.
Two-thirds (approximately 67%) of ZK Tokens will be distributed to the community. 17.5% of the total supply will be distributed through a one-time airdrop, with the remaining portion allocated through ecosystem programs managed by the ZKsync Foundation and ZK Nation governance process to support new users on-chain.
17.5% of the airdrop will be distributed to 695,232 wallets, the largest user token distribution in a major rollup. These tokens will be fully liquid on the first day with no lock-up period. The ZKsync airdrop will be targeted towards real users, revealing their behavioral patterns through on-chain wallet history.
There are two ways to qualify for the 17.5% airdrop:
1. Users (89%): Users who transact on ZKsync and meet 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.
Each address must meet a basic point threshold, and the distribution will be based on the assets on the ZKsync Era, with the duration of assets in wallets and DeFi also affecting the final allocation.
Each address can receive multipliers based on their activity, including owning ZKsync native NFTs, holding ZKsync native ERC20 tokens, using smart contract wallets, etc.
At the end of the distribution process, each wallet will undergo additional Sybil detection to eliminate most obvious bots.
A small portion (11%) of the airdrop is allocated to individuals, developers, researchers, communities, and companies who contribute to the ZKsync ecosystem and protocol through development, promotion, or education.
These allocations include the treasury of ZKsync native projects such as DeFi protocols, ZK chains, NFT collections, decentralized markets, infrastructure, games, etc.
Community members can check their eligibility at claim.zknation.io and can start claiming tokens next week until January 3, 2025.
Please visit the ZKSync official page to ensure the correct URL.
ZK
zkSync
Airdrop