zkSync, a pioneering zero-knowledge roll-up technology project, is set to make history with its highly anticipated governance token airdrop in June. This exciting development has been building momentum since March last year, when investors transferred over $8 million worth of tokens to zkSync to be eligible. According to DefiLlama, the total value locked (TVL) in zkSync has skyrocketed to $141 million.

The upcoming release of version 24 (v24) marks the final protocol upgrade required for transferring network governance to the community. zkSync announced on X, "The upcoming release of v24 is the final planned protocol upgrade needed before handing over network governance to the community. The remaining missing pieces are expected to be in place by the end of June." This milestone paves the way for a community-driven network, where decision-making power is distributed among users.

zkSync's innovative layer-2 network aims to revolutionize Ethereum by offering fast and affordable transactions through off-chain computation and data storage. This ZK rollup technology employs zero-knowledge cryptography, ensuring secure and efficient transactions. Following Ethereum's Dencun upgrade in March, fees on zkSync significantly decreased, enabling layer-2 networks like zkSync to process transactions more efficiently.

The planned governance token airdrop follows a trend set by other projects in the crypto space, where early adopters receive free tokens instead of traditional token sales. Matter Labs, the creators of zkSync, have raised an impressive $458 million through various investment rounds, with notable investors like Blockchain Capital and Dragonfly Capital. As zkSync continues to lead innovation in the Ethereum ecosystem, its community eagerly awaits the governance token airdrop, a significant milestone in the project's development.