Matter Labs, the development firm behind ZKsync, has revealed the distribution criteria for the upcoming ZK token airdrop. The airdrop will distribute 17.5% of ZK's total token supply, making it the largest distribution of tokens among major layer-2 networks. The airdrop is valued at over $2.5 billion, nearly triple ZKsync's current total value locked. The airdrop will primarily benefit ZKsync users, with a small percentage going towards ecosystem contributors and the Matter Labs team. The news comes amidst controversy surrounding Matter Labs' recent decision to trademark the term "ZK," which has since been withdrawn.
ZkSync, a layer-2 Ethereum scaling solution, is making headlines with their upcoming airdrop of 3.7 billion ZK tokens to user wallets next week. This distribution of tokens, worth over $67 million, aims to reward active users and promote adoption of their platform. With the value of ZK tokens rising, this airdrop is one to keep an eye on for those interested in the world of cryptocurrency and blockchain technology.