ZkSync says 695K wallets eligible for next week’s ZK token airdrop

The Ethereum scaling blockchain set aside two-thirds of its 21 billion ZK token supply to give to its community, with select users the first to get a share.

Ethereum zero-knowledge (ZK) layer 2 scaler zkSync has launched its self-titled token, zkSync (ZK), and plans to airdrop nearly 3.68 billion of them “next week.”

The project said on June 11 that starting next week, it will airdrop 17.5% of the token’s total supply of 21 billion to the 695,232 eligible wallets — with the rest set aside for initiatives, its team, investors and a “token assembly.”

ZK traded up to $0.71 on pre-market perpetual exchanges Aevo and PancakeSwap — meaning its market capitalization would be around $14.91 billion.

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