Home » Technology » ZKX Launches First Phase of Token Airdrop, Distributing 4 Million ZKX Tokens

ZKX Launches First Phase of Token Airdrop, Distributing 4 Million ZKX Tokens

ZKX, the derivatives trading protocol on Starknet, launches the first phase of token airdrop and will issue 4 million ZKX

(Schematic diagram/picture taken from unsplash)

ZKX, the decentralized derivatives trading protocol on Starknet, announced the launch of the first phase of token airdrops, with the redemption period from October 2 to October 16.

The token ZKX will become the governance token of the protocol, with a supply limit of 100 million. 4% of the total supply will be distributed in the first phase, and approximately 11% will be distributed in the second phase airdrop.

ZKX stated that the first phase will be airdropped to Yakuza participants in SZN 1 and 2, and the second phase will be targeted at DeFi members and traders participating in the upcoming Yakuza SZN 3 and 4.

The airdrop tokens in both phases will be locked and will be available for trading when the tokens are launched in early 2024.

[This article is sourced from MarsBit/compiled by Bit Finance]

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