Coinfeeds Daily → ZK Nation Launches Second Wave of Token Airdrop Claims

ZK Nation Launches Second Wave of Token Airdrop Claims

Published: Jun 25, 2024 | Last Updated: Jun 25, 2024
Howard Kane

Eligible contributors to ZKsync ecosystem have until January 3, 2025, to claim their share of the 1.91% token distribution.

In recent developments, ZK Nation has initiated the second wave of ZK token airdrop claims. This event is significant for various members of the blockchain community, particularly those involved with ZKsync, a Layer-2 scaling solution for Ethereum.

Eligible are members of the Protocol Guild, contributors to external projects, or individuals nominated by given ZKsync ecosystem projects.


Eligible participants have until January 3, 2025, to claim their tokens.

Token Distribution

This second round of airdrop claims represents 1.91% of the total 3.67 billion ZK token supply. This strategic distribution aims to incentivize and reward those who have actively contributed to the ecosystem.

Current Market Performance

The ZK token is currently trading around $0.16. However, it has experienced a 7% decline in the past 24 hours and is down 50% from its all-time high. This fluctuation highlights the volatile nature of cryptocurrency markets.

Understanding ZKsync

ZKsync is a Layer-2 scaling solution for Ethereum. Layer-2 solutions are designed to improve the scalability and efficiency of blockchain networks by processing transactions off the main Ethereum chain, thereby reducing congestion and lowering transaction fees.

Practical Takeaways

For those eligible for the airdrop, it is crucial to claim your tokens before the deadline of January 3, 2025. Additionally, understanding the current market conditions can help in making informed decisions about holding or trading ZK tokens.

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