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DOGE $0.0898 +0.38%
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BCH $260.43 +1.61%
LINK $12.74 +3.06%
HYPE $85.01 -3.03%
AAVE $131.75 -1.04%
SUI $0.8250 +3.84%
XLM $0.1898 +3.37%
ZEC $1,153.60 -5.89%

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

2024-10-30 12:34:26

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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