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The new proposal "Distributing 325 million ZK tokens within 9 months" for ZKsync has opened for voting

2024-11-06 18:40:56

ChainCatcher news, the ZKsync community ZK Nation posted on X stating that the ZKsync Ignite Program TPP 001 proposal "Distribute 325 million ZK tokens within 9 months" has opened for voting, with a standard voting period of 7 days, and the current approval rate is 99.73%.

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

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