ZKsync to Distribute 3.6 Billion Tokens in Historic Airdrop

Next Week’s ZKsync Airdrop: What to Expect

The ZKsync Association is set to make history with a massive airdrop, distributing 3.675 billion tokens to 695,232 eligible wallets next week. This move is part of ZKsync’s commitment to rewarding “real people first,” a sentiment echoed by Matter Labs, the creators behind the Ethereum Layer 2 service provider.

Largest Layer 2 Token Distribution Announced

In a significant development, Matter Labs announced that the new ZK tokens will have a total supply of approximately 21 billion. The upcoming airdrop will account for 17.5% of this supply, marking the most extensive token distribution from a Layer 2 network to date.

According to the announcement, 89% of the airdropped tokens will go to users who met the transactional activity threshold by March 24, while 11% will be allocated to contributors, including developers, researchers, community members, and companies that have actively supported ZKsync’s growth.

Also Read: Binance’s Megadrop: The Next Big Thing in Airdrops and Web3 Ventures

Breakdown of Token Allocation and Vesting Periods

ZKsync has taken steps to ensure a fair distribution of tokens. A significant 66% of the total ZK token supply is allocated to the community, with the remaining 33% reserved for investors and the Matter Labs team. The airdropped tokens will be immediately unlocked, allowing recipients to transfer them without a vesting period.

In contrast, the team and investor tokens will start their distribution in June 2025, with a four-year vesting period ending in 2028. This decision comes in the wake of StarkWare’s recent postponement of their team token unlock dates due to online criticism.

Real Tokens for Real People: Ensuring Authenticity

ZKsync’s airdrop aims to prioritize genuine users over bots and sybil wallets. The network employs multiple criteria to identify and reward wallets based on real on-chain activity. Matter Labs CEO Alex Gluchowski emphasized the importance of this approach, stating, “We want holders of the tokens to participate in governance.If one does not want to, they can sell them.” This stance underscores ZKsync’s dedication to building a community-driven platform where token holders play a crucial role in protocol governance.