In an unprecedented move, ZKSync, a prominent Ethereum layer-2 scaling solution, has announced a massive airdrop of its native token, ZK, totaling 17.5% of the token's supply. This airdrop is the largest distribution of tokens to users amongst major rollups and is expected to have a significant impact on the cryptocurrency market.

Key Details of the Airdrop:

- 3.68 billion ZK tokens will be airdropped to 695,232 eligible wallets.

- The airdrop represents 17.5% of the total token supply of 21 billion.

- The tokens will be fully liquid on day one, with no vesting or lock-up periods.

- The airdrop is the largest distribution of tokens to users amongst major rollups.

Eligibility Criteria:

- Wallets must have interacted with the ZKSync Era or ZKSync Lite networks before the March 24 snapshot date.

- Wallets must have met specific activity thresholds, including interacting with smart contracts, trading ERC-20 tokens, or depositing liquidity into DeFi protocols.

Airdrop Distribution:

- 89% of the airdrop will go to ZKSync users.

- 11% will go to contributors, including zkSync native projects, on-chain communities, and builders.

Token Allocation:

- 67% of the total supply will be allocated to the community.

- 33% will be allocated to the team and investors, with a one-year lockup period.

Implications of the Airdrop:

- The airdrop is expected to increase adoption and usage of the ZKSync network.

- The tokens will be used for governance, allowing holders to participate in decision-making processes.

- The airdrop may lead to increased liquidity and trading volume for the ZK token.

In conclusion, the ZKSync airdrop is a significant event in the cryptocurrency space, demonstrating the project's commitment to community engagement and adoption. As the airdrop is set to occur next week, users and contributors are eagerly awaiting the opportunity to receive their share of the ZK tokens and participate in the growth of the ZKSync ecosystem.