Cryptocurrency investors are eagerly awaiting one of the biggest airdrop events. According to familiar sources, the anticipated airdrop will occur soon. Details about the total supply and process have largely been clarified. So, what should you know about ZkSync?
ZkSync Airdrop
Developed by Matter Labs, the Ethereum layer2 ZK network ZkSync will hold its token creation event this week. The airdrop and token launch will occur within 30 days after the token creation event. The total token supply is expected to be 21 billion. Airdrop insiders’ announcement points to June 13. This will be exactly 13 days before the highly anticipated June 26 token airdrop event.
The token abbreviation will be “ZK”. A Matter Labs spokesperson stated that no definitive plan has been finalized and the network’s decentralization process is ongoing. ZkSync wrote in its latest announcement;
“The upcoming release of v24 is the last planned protocol upgrade needed before transferring network governance to the community. The remaining components are expected to be completed by the end of June.”
Matter Labs, which raised $258 million from companies like Andreessen Horowitz (a16z), Dragonfly Capital, and Blockchain Capital, created a $200 million ecosystem fund.
