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Discover more details on the upcoming 36 billion ZK token airdrop by ZKsync

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ZKsync is gearing up for a significant airdrop of its new ZK token next week, distributing 3.6 billion ZK tokens, which accounts for 17.5% of the total supply of 21 billion. This airdrop will be one of the largest among layer 2 networks, rewarding users who have actively engaged with ZKsync Era and ZKsync Lite, as well as developers, communities, and projects that have contributed to the ZKsync ecosystem.

The majority of the airdropped tokens, approximately 89%, will be distributed to regular users of ZKsync who have met certain eligibility criteria by transacting on the network. The remaining 11% will be allocated to developers, communities, and projects working with ZKsync. Additionally, a small portion of 0.5% will be reserved for experimental communities.

Users will be able to claim their airdropped ZK tokens starting next week until January 3, 2025, with no vesting period. ZKsync founder Alex Gluchowski emphasized the importance of prioritizing the community by allocating more tokens to them than to the ZKsync team and investors. This strategy aims to ensure that the community will have a significant say in the governance of ZKsync when it launches.

The distribution of ZK tokens also includes allocations for ecosystem initiatives via the ZKsync Foundation, investors with a vesting schedule over three years, and the Matter Labs team following the same vesting schedule. With ZK tokens currently trading around $0.71, the airdropped tokens could be valued at approximately $2.6 billion based on the total supply, providing a substantial benefit to ZKsync’s earliest and most active users and supporters.

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