ZKsync’s highly anticipated airdrop distribution program has been finalized. The ZKsync Association will conduct a one-time airdrop of 3.6 billion ZK tokens to early users and adopters of ZKsync next week, with 695,232 eligible wallets. The snapshot was taken on March 24th, and community members can check their eligibility for the airdrop on the Claim.zknation.io website and claim the airdrop from next week until January 3, 2025.
This airdrop accounts for 17.5% of the total supply of ZK tokens. Users will be able to claim their tokens starting next week until January 3, 2025. Contributors can start claiming from June 24th.
Who is eligible for the ZKsync airdrop?
There are two categories of ZKsync users eligible for a total of 17.5% airdrop allocation:
1. Users (89%): ZKsync users who have traded on ZKsync and met the activity threshold.
2. Contributors (11%): Individuals, developers, researchers, communities, and companies who have contributed to the ZKsync ecosystem and protocol through development, promotion, or education (unrelated to activity on ZKsync).
The eligibility and distribution of the airdrop are based on the ZKsync Era and ZKsync Lite activity snapshot taken on March 24, 2024, at 00:00 UTC, to commemorate the first anniversary of the ZKsync Era mainnet launch.
How is the ZKsync airdrop allocated?
Eligibility: ZKsync has checked each address that has traded on ZKsync Era and ZKsync Lite against eligibility criteria to identify genuine users who have spent time exploring ZKsync. Each address must have at least one point to qualify for the airdrop.
Allocation: After determining the eligibility of wallets, the airdrop distribution is calculated based on the encrypted assets cross-linked to ZKsync Era. The formula adjusts the allocation of addresses based on the assets in ZKsync Era (both in the wallet and DeFi) and the duration of these assets in the ZKsync era. The more points earned, the larger the final allocation, with a maximum airdrop limit of 100,000 ZK tokens per address.
Multiplier: Each address can receive a multiplier based on activities that indicate genuine human behavior or contribution to ZKsync. These multipliers apply to eligibility and distribution for ZKsync Era and Lite use.
Addresses that meet the “eligibility,” “allocation,” and “maturity” criteria are granted token allocations. A single address must meet a minimum requirement of 450 ZK, with a maximum airdrop limit of 100,000 ZK tokens. Tokens from addresses with less than 450 ZK will be recycled back into the pool.
Witch detection: The airdrop aims to reward “real users.” The majority of witch addresses have already been eliminated through eligibility and allocation criteria. Each wallet undergoes additional witch detection steps. ZKsync states that there are over 6 million unique addresses on ZKsync Era, and the ZK airdrop focuses on identifying genuine users in a human-centric manner. The on-chain history of wallets reveals a lot about the habits of their owners. Genuine individuals are often willing to take risks, especially those who feel part of the community. They spend time on-chain, ape in, trade, explore new protocols, and hold speculative assets. Assets connected by genuine users ultimately flow into DApps and DeFi protocols, becoming the lifeblood of a highly liquid ecosystem. Users will be rewarded proportionally based on their impact on ZKsync’s success.
In the contributor airdrop, over half (5.8%) of the distribution includes treasury funds from ZKsync native projects based on ZKsync Era, including DeFi protocols, ZK chains, NFT collections, decentralized markets, infrastructure, games, etc. The remaining contributor airdrop allocation is given to contributors, companies, and individuals who have laid the foundation for ZKsync:
1. Contributors to the Ethereum development organization, including client execution, consensus clients, developer tools, RPC, and other projects that have positively impacted ZKsync.
2. Contributors to GitHub repositories with advanced blockchain technology that have directly or indirectly contributed to the success of ZKsync, including important work related to blockchain, zero-knowledge proofs, developer tools, and developer education.
3. Educators providing training for developers and security researchers and contributing to the ZKsync community hub on GitHub.
4. Contributors to GitHub repositories dedicated to zero-knowledge proofs, Ethereum development tools, and open-source software.
5. Security researchers participating in audit competitions organized by Cantina, Code4rena, and CodeHawks.
6. ZKsync community mods, ZK Credo translators, ZK Quest participants, and participants in live events.
Additionally, 0.4875% of the total supply is allocated to a small group of experimental on-chain communities to explore new ways of organizing using tokens and NFTs. These communities include recipients of the $DEGEN and $BONSAI airdrops, Crypto the Game players, and Pudgy and Milady holders.
The ZKsync snapshot was taken on March 24th, and community members can check their eligibility for the airdrop on the Claim.zknation.io website and claim the airdrop from next week until January 3, 2025. Eligible GitHub developers and ZKsync GitHub Discussion Helpers must link their address to their account by June 25th. External projects, Protocol Guild, and ZKsync native project contributors will be able to claim from June 24, 2024.
How are ZK tokens distributed?
With a total supply of 21 billion tokens, aside from the airdrop, the community allocation accounts for 66.7%, ecosystem incentives 19.9% (distributed by the ZKsync Foundation), investor allocation 17.2%, team allocation 16.1%, and Token Assembly allocation 29.3%. Tokens allocated to investors and the team will be locked for the first year and then gradually unlocked over a three-year period from June 2025 to June 2028.
ZKsync states that two-thirds (approximately 67%) of ZK tokens will be allocated to the community. Of this, 17.5% of the total supply will be distributed through a one-time airdrop, while the remaining community tokens will be allocated over time through the ecosystem plans managed by the ZKsync Foundation and ZK Nation governance processes to support the growing ecosystem.
