ZK has recently announced that certain regions will not be able to participate in its upcoming airdrop due to compliance with international sanctions. The restricted areas include Cuba, Iran, North Korea, Russia, Syria, as well as specific regions in Ukraine such as Crimea, Donetsk, and Luhansk. These geographical limitations are essential to comply with sanctions regulations established by various entities including the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC), the United Nations Security Council (UNSC), the European External Action Service (EEAS), and His Majesty’s Treasury (HMT). Furthermore, residents of the United States will also be excluded from taking part in the airdrop.
Exciting news for ZK token holders as the second wave of token claims is now live! If you are a member of Protocol Guild, a contributor to an external project, or have been nominated by a ZKsync native ecosystem project, you can check your eligibility to claim your tokens. This wave of claims represents 1.91% of the total airdrop.
The snapshot for the ZK airdrop was captured on March 24, 2024, at 00:00:00 UTC, identified by Era Block Number 29710983 and Lite Block Number 187273. The process of claiming airdrop tokens for ZKsync users will commence during the week of June 17th, 2024, and will run until January 3rd, 2025. A total of 3,675,000,000 tokens will be distributed among 695,232 eligible wallets.
There are two main categories under which wallets can qualify for the 17.5% airdrop: Users and Contributors. Users make up 89% of the airdrop and transferred funds to ZKsync Era while meeting at least one of the seven eligibility criteria. Contributors, comprising 11%, consist of individuals, developers, researchers, communities, and companies who contributed to the ZKsync ecosystem through various means such as development, advocacy, education, or participation.
A detailed usage-based airdrop process was implemented to determine allocations for eligible addresses. This process involved evaluating each address that had transacted on ZKsync Era and ZKsync Lite against the eligibility criteria, including interactions with smart contracts, paymaster activities, token trading, providing DeFi liquidity, holding Libertas Omnibus NFTs, ZKsync Lite activity, and donations to Gitcoin.
The allocation for eligible addresses was calculated using a value-scaling formula that adjusted based on the amounts sent to ZKsync Era and the duration those crypto-assets remained in the wallet. Crypto assets in DeFi protocols were valued at twice their nominal value to highlight their importance. Additional multipliers were awarded to addresses based on certain activities that indicated a high likelihood of human behavior or contribution to ZKsync.
To maintain fairness and prevent bot manipulation, a conservative sybil detection methodology was employed, grouping externally owned accounts with common funding patterns or CEX deposit address reuse into clusters. Clusters with more than 20 EOAs were filtered out to eliminate potential bots.