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ZKsync's new proposal proposes to distribute 325 million ZK tokens within 9 months to establish a liquidity center for Elastic Chain

ZKsync's new proposal proposes to distribute 325 million ZK tokens within 9 months to establish a liquidity center for Elastic Chain

CointimeCointime2024/10/30 04:11
By:Cointime

On October 30th, the ZKsync community announced that the ZKsync Ignite Program TPP 001 proposal has been submitted on-chain after 12 days of representative feedback and multiple iterations. The vote will start around 01:00 on November 6th. The proposal suggests distributing 325 million ZK tokens over 9 months, with 300 million tokens allocated to users through six minters (with a limit of 50 million each), and an additional 25 million tokens managed by four minters to cover management and unforeseen costs. The proposal aims to establish a DeFi liquidity center on the ZKsync Era and enhance the liquidity of all interoperable ZK chains (Elastic Chain).

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