Ksync continued fielding questions around criteria for the upcoming June 17 ZK token airdrop. In an updated FAQ released on June 15, zKsync answered 15 common queries explaining eligibility determinations. One lengthy response focused on Sybil attack detection and prevention, a key concern for airdrop recipients. In Sybil attacks, a single entity generates many wallets to harvest more tokens intended for distribution among many users.
Eligibility Criteria Under Scrutiny
zKsync stated it used "explicit" Sybil detection as well as a "unique airdrop design" to reward organic users while still allowing some Sybil wallets. It acknowledged sophisticated botnets employing varied funding amounts, interaction patterns mimicking humans, and protocol usage that can resemble genuine accounts. zKsync aimed to include users with the "highest likelihood" of being real through value scaling and multipliers. Wallets with small amounts received fewer eligibility points assuming Sybil behavior, but got a boost for any on-chain activity indicating human use. zKsync argued Sybil creators tend to spread capital across many low-funded accounts while real users concentrate holdings in a few wallets.
Binance Offers Additional Distribution
In light of persisting eligibility issues, Binance announced on June 15 its own ZK airdrop for over 52,000 users unable to claim in the official one. To qualify, users needed 50+ zKsync transactions from February 2023 to March 2024 spread over a minimum of seven months, excluding centralized exchanges, bridges, and contracts already banned from the main airdrop. However, each Binance user will only receive 200 ZK tokens. Binance also stated it would list ZK for trading against BTC, USDT and FDUSD starting June 17.
Launch Brings Questions and Expanded Access
With the ZK token airdrop launch approaching on June 17, debates continue around fair distribution. Both zKsync and Binance addressed this by taking complementary approaches - zKsync focused on targeting organic individuals while Binance aimed to broaden eligibility. Whales Pro data as of June 15 priced the upcoming ZK token at $0.36 in a private presale market. Overall, the distribution mechanisms and additional liquidity from Binance suggest the token will disperse widely among users while balancing imperatives of inclusivity and ensuring the integrity of the airdrop.
