ZKsync, the community behind ZKsync, addressed concerns and questions about the upcoming ZKsync airdrop on June 13. The community clarified the eligibility criteria for the airdrop distribution to ensure fairness and reward long-term commitment within the community. The airdrop announcement included distributing 3.675 billion ZK tokens to 695,232 wallets, constituting 17.5% of the token’s total supply of 21 billion. The airdrop was divided into two main categories: users and contributors, with users needing to meet specific criteria related to bridging assets to the ZKsync Era.
Users were required to meet at least one of seven eligibility criteria to qualify for the airdrop, with the formula taking into account the amount sent to ZKsync Era and the duration the assets stayed in the wallet. Some users with smaller holdings felt marginalized by the distribution strategy, leading to a decrease in confidence and Total Value Locked in the project. Contributors, who made up 11% of the airdrop, included developers, researchers, and community members contributing to the ZKsync protocol and ecosystem.
The goal of the user-based allocation was to reward a diverse group of ZKsync Era users and provide multipliers for organic behaviors. The community aimed to ensure that committed community members were recognized and rewarded for their participation. Factors determining the airdrop allocations included the number of conditions met, the amount bridged and held on ZKsync Era, and bonus multipliers for specific behaviors and groups. Allocations were adjusted based on the amounts sent and the duration of holding assets in the ZKsync Era.
According to ZK Nation, transaction volume alone did not impact the allocation size, with users needing to exceed ZK 450 to qualify for the airdrop. Value scaling played a significant role in rewarding users who maintained assets over time in the ZKsync Era. ZKsync Lite users could earn up to two eligibility points but still required to bridge assets to the ZKsync Era to qualify. Overall, the ZKsync community’s detailed explanation aimed to address concerns and provide transparency regarding the upcoming airdrop distribution.
