Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»ZKsync announces $3.67 billion ZK token airdrop to 695,000 wallets next week.
EXCHANGE NEWS

ZKsync announces $3.67 billion ZK token airdrop to 695,000 wallets next week.

By Crypto FlexsJune 11, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
ZKsync announces .67 billion ZK token airdrop to 695,000 wallets next week.
Share
Facebook Twitter LinkedIn Pinterest Email

ZKsync has announced plans to give generous gifts to its loyal community members. According to presentation As a token of our gratitude, ZKNation will be distributing unlimited airdrops of 17.5% of the total token supply, or 3,675,000,000 tokens, starting June 17th. A significant portion of this will be airdropped at once with no vesting requirements, but the remaining 82.5% of tokens will be distributed gradually through various ecosystem developments.

ZKsync is a layer 2 scaling solution built to improve transaction speeds on Ethereum while reducing congestion by leveraging zero-knowledge proof rollups. This is the first zkEVM chain on the Ethereum blockchain. This leads to an extended answer to decentralized applications (dAPPs) that maintain strong security native to Ethereum.

How do I qualify for the airdrop?

The ZKAS token airdrop will distribute 17.5% of the total token supply through two primary channels. The first channels to receive 89% of this quota are users who have performed transactions on the ZKsync network and met certain activity thresholds. According to the announcement, the remaining 11% will be distributed to contributors “individuals, developers, researchers, communities, and companies who have contributed to the ZKsync ecosystem and protocol through development, advocacy, or training, regardless of their activities at ZKsync.”

It has been carefully implemented to deploy fair use activity thresholds, allocation formulas, multipliers, and Sybil detection to prevent any abuse. Additionally, the ZKsync distribution allocates a maximum of 100,000 coins per wallet to prevent whales from accumulating huge amounts of ZK tokens. Airdrops ensure that tokens are distributed more equitably among community members by limiting the biggest beneficiaries. This is a positive step that encourages participation and makes the ecosystem more active.

According to the details document, Addresses suitable for airdrop are assigned using a weighted value expansion formula that takes into account the ZKsync era of launch in the cryptocurrency wallet. For example, if a user sends 100 USD to an address during mainnet launch, this address is more likely to receive tokens than if a user sends 100 USD to an address a month before launch. Tokens will be moved directly to the ZKsync native project, which includes a treasury and contributors such as DeFi protocols, ZK Chain, NFT collections, marketplaces, infrastructure, games, etc.

How are the remaining tokens allocated?

Of the total 21 million tokens, the remaining supply will be further distributed: 17.2% to investors and 16.1% to the Matter Labs team. Tokens will have a lock-up period of one year and will be unlocked for three years from June 2025 to June 2028. The 17.5% airdrop to a significant number of wallets, 695,232, makes it one of the largest token distributions among recent major rollups.

ZK Token Distribution

The ZKAS token serves an important purpose by allowing holders to guide the evolution of the ZKsync protocol. Owners retain a voice in proposals that influence the future development and oversight of the platform, fostering a governance system in which there is no centralized control and everyone participates. This mechanism solves previous voting issues in decentralized autonomous organizations (DAOs) by not only strengthening the community but also ensuring transparent decision-making.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Cardano (ADA) Signal Recovery -Is there a strong rise?

September 15, 2025

The price of Etherrium surges beyond $ 4,500. -Main level for monitoring more profits

September 12, 2025

Bitcoin Price Struggle $ 113K -Will Bulls take a break?

September 9, 2025
Add A Comment

Comments are closed.

Recent Posts

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025

Stablecoin Holdings Drop As Investors Pivot To SOL, XRP, And Altcoins

September 17, 2025

Flipster Partners With WLFI To Advance Global Stablecoin Adoption Through USD1 Integration

September 17, 2025

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Kintsu Launches SHYPE On Hyperliquid

September 16, 2025

New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M As Phase 6 Reaches 40%

September 16, 2025

How XRP Enthusiasts Can Earn $15k/Day

September 16, 2025

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025
Most Popular

Former Valkyrie CEO Leah Wald Joins Crypto Investment Firm Cypherpunk Holdings

July 9, 2024

Sepolia Merge Announcement | Ethereum Foundation Blog

December 19, 2023

Grayscale Bitcoin ETF sees $579 million in daily net outflows

January 16, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.