ZK Rollup order book DEX ZigZag (ZZ) announced an airdrop plan.
In the statement made on the official website of ZigZag, it was reported that the airdrop event will be completed in a total of 7 rounds. However, it was noted that the total number of addresses to receive airdrops is 110,000.
Developers Announce On Official Website To Airdrop 35 Million ZZ Tokens
The total amount of ZZ coins to be distributed was determined to be 35 million dollars. This amount will represent 35% of the total supply of ZZ, which is designed at 100 million.
In addition, it has been announced that no airdrop has taken place yet and there will be no claim process for the airdrop, instead the coins will be automatically defined in the zkSync Lite wallet.
The exact date for the token distribution will be shared on ZigZag social media channels shortly.
The snapshot date for the airdrop is set for December 31, 2022. Until this date, 300 ZZ will be paid to addresses that have been active on the ZZ network for at least 1 month and perform swap transactions in four separate days.
In addition, an additional “early member” award of 300 ZZ will be distributed to addresses that made their first transaction before December 1, 2021, and 100 ZZ to addresses that made their first transaction before January 1, 2022.
The rest of the coins to be distributed will be transferred to IDO participants, donors and groups like Discord members.
Accepted for token distribution cryptocurrency addresses have been shared with users on the ZigZag official website.
ZigZag aims to launch on StarkNet after StarkNet Regenesis, where Cairo v0 was upgraded to Cairo 1.0.
*Not investment advice.
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