ZK Nation has released an updated FAQ document detailing its upcoming airdrop qualifications, allocations, and other pertinent information. Scheduled to commence on June 17, the airdrop will distribute tokens to qualified users and contributors of the ZKsync Era platform.
The updated FAQ outlines two primary ways to qualify for the airdrop: Users and Contributors. Users, comprising 89% of the total airdrop, include those who bridged crypto-assets onto ZKsync Era and met at least one of the seven eligibility criteria.
Contributors, accounting for the remaining 11%, encompass individuals and entities who contributed to the ZKsync protocol and ecosystem through development, advocacy, education, or participation, regardless of their ZKsync network usage.
The airdrop distribution model is primarily usage-based, whereas the user-based distribution is given to the active members participating in the ZKsync Era by connecting the crypto-assets and being more interactive on the platform.
The allocation size for users is determined based on several factors, including the number of eligibility criteria met, the time-weighted average balance (TWAB) of crypto assets on ZKsync Era, and bonus multipliers. The formula varies depending on how much value the crypto-assets customers bridged and how long they held them to ensure a fair share.
ZK Nation has acknowledged community feedback regarding the airdrop’s design and criteria. The organization aims to address concerns constructively and has implemented Sybil prevention measures to ensure the airdrop benefits genuine users.
Also Read: ZKNation Launches Governance Hub for ZKsync Protocol
