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Home»Altcoins»ZKSync Airdrop Eligibility Criteria Now Unveiled With 89% For Users
Altcoins

ZKSync Airdrop Eligibility Criteria Now Unveiled With 89% For Users

NBTCBy NBTC16/06/2024No Comments3 Mins Read
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Key Points:

  • ZkDai targets active users and contributors for the ZKSync airdrop.
  • User allocations consider eligibility criteria, bridged amount on ZKSync Era, and wallet history.
  • The airdrop mainly focuses on the ZKSync Era, the first ZK chain.
ZKSync airdrop eligibility relies on user contribution and activity. 89% is allocated to users meeting criteria, 11% to contributors. Factors like asset holding and blockchain history impact allocations.

ZKSync Airdrop Eligibility Criteria Now Unveiled With 89% For Users

Recently, ZkDai detailed the eligibility criteria pertaining to the ZKSync airdrop. The airdrop allocation is mostly targeted at real users who would demonstrate the highest relevance and activity regarding the future development and governance of ZKSync.

Details on ZKSync Airdrop Eligibility and Allocation

Generally, two main ways exist for eligibility for the 17.5% ZKSync airdrop:

  • User of ZKSync
  • Contributor to the ZKSync protocol and ecosystem.

89% of the airdrop allocation belongs to ZKsync users. Those are the people who have bridged crypto-assets onto ZKsync Era and have met at least one out of the seven criteria of eligibility.

Contributors constitute 11% of the airdrop, including developers, researchers, communities, and companies that have contributed to ZKsync in areas such as development, advocacy, education, or participation.

There are several factors driving allocations based on users. Satisfying all seven eligibility criteria is just the base; the amount bridged and held on ZKsync Era will also be considered, with a time-weighted average balance over 12 months.

Source: ZK Nation

Other groups, such as early ETH adopters or holders of the most valuable ZKsync native NFTs/tokens, can be eligible for an allocation multiplier. Additionally, the team stated that user allocations are in no way impacted by transaction volume.

Readmore: Paradigm Third Fund Hits $850M As The Most Recognized VCs

Factors Determining Allocation and Eligibility for ZKSync Users

The allocation decision also incorporates the history across the chains of each wallet, in which a real user is likely to be more adventurous, oriented toward coral reefs, and more eager to explore new protocols and hold on to speculative assets.

In contrast, bots and opportunists tend to do just the opposite: be conservative and put in the minimum possible while trying to extract value.

But ZK Nation still insists that even the users who eventually pass all seven criteria may not get the distribution in case they hold a small enough amount on average through time or do not manage to qualify for any multiplier of bonuses. The airdrop focuses primarily on ZKsync Era, the first ZK chain, and the future decentralized hub for the whole ZKsync ecosystem.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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