Posts

Showing posts with the label controversy

Weekly Project Updates: The zkSync airdrop allocation has sparked controversy, LayerZero Airdrop Imminent, Curve Founder's Nearly 100 Million CRV Liquidated, etc

Image
1. The zkSync airdrop allocation has sparked controversy link ZKsync will conduct a one-time airdrop next Monday to 695,232 eligible wallets, distributing a total of 3.675 billion ZK tokens, which represents 17.5% of the total supply of 21 billion ZK tokens. Additionally, 49.1% of the token supply will be allocated through the ecosystem plan, with 17.2% going to investors and 16.1% to the Matter Labs team. The airdrop eligibility and distribution are based on a snapshot of ZKsync Era and ZKsync Lite activities taken at 00:00 UTC on March 24, 2024, marking the first anniversary of the ZKsync Era mainnet launch. The airdrop is based on a points system, where wallets earn points through certain actions, such as interacting with 10 smart contracts on ZKsync Era, providing liquidity to DeFi protocols, and trading more than 10 types of ERC-20 tokens. Points can also be earned through activities on ZKsync Lite, like donating to Gitcoin rounds or trading in the three months before the ZKsyn...