Exciting News: Binance Lists ZKSync and Launches Token Distribution Program for You! 🚀
Get ready for some thrilling updates in the crypto world! Binance has just announced that it will list ZKSync (ZK) and introduce a token distribution program for eligible users like yourself. Here’s everything you need to know about this latest development:
Binance to List ZK Trading Pairs on June 17 📈
Are you eager to start trading ZK tokens? The good news is that Binance will be listing ZKSync and enabling trading for the ZK/BTC, ZK/USDT, ZK/FDUSD, and ZK/TRY spot trading pairs starting June 17. Here’s what you need to do:
- Deposit ZK tokens in advance for trading preparation
- Withdrawals open at 08:00 (UTC) on June 18
Binance’s Token Distribution Program 🎁
Exciting token distribution program alert! From June 17 to July 16, Binance will be distributing 10.5 million tokens to a lucky group of up to 52,500 users who meet specific activity criteria on the ZKSync Era network. Here are the key details:
- Initiate at least 50 transactions on the ZKSync Era network between February 2023 and March 2024
- Transactions must span a total of 14 months, conducted in at least seven distinct months (excluding self-transfers)
- Eligible addresses should not have received ZKSync from the official ZK Nation airdrop program
- Claim address must not be associated with a contract, centralized exchange, or bridge
Backlash Against Official Airdrop Program 😠
It’s crucial to note that the official ZK token launch faced backlash due to various concerns regarding its distribution mechanics. Early users expressed dissatisfaction with the allocation plan, leading to a significant drop in the total value locked (TVL) for the token. Here’s a brief overview:
- 17.5% of the total 21 billion token supply allocated to early users via a one-time airdrop
- 16.1% of tokens reserved for the team, 17.2% for investors, and the rest for ecosystem initiatives
- Many users felt the distribution was unfair, citing issues like a low cap on maximum allocation
Hot Take: Stay Informed and Engage Wisely in the Crypto World! 🌟
Stay up-to-date with the latest developments in the crypto space, like Binance listing ZKSync and launching a token distribution program. Make informed decisions and engage wisely to maximize your crypto journey’s potential!
Sources:
– Binance Official Announcement
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