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AAVE $95.99 -1.36%
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XLM $0.1829 -0.98%
ZEC $504.70 -2.10%

The new proposal "Distribute 325 million ZK tokens within 9 months" has been submitted on-chain

2024-10-30 12:34:26
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ChainCatcher news, the ZKsync community ZK Nation stated that the ZKsync Ignite Program TPP 001 proposal "Distributing 325 million ZK tokens within 9 months" has been submitted on-chain after feedback from representatives and multiple iterations, with voting set to begin around 01:00 on November 6.

The proposal suggests distributing 325 million ZK tokens over 9 months, with 300 million allocated to users through six minters (with a cap of 50 million each), and an additional 25 million tokens managed by four minters to cover management and unforeseen costs. This proposal aims to establish a DeFi liquidity hub on ZKsync Era and enhance the liquidity of all interoperable ZK chains (Elastic Chain).

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