ZKsync's new proposal proposes to distribute 325 million ZK tokens within 9 months to establish a liquidity center for Elastic Chain
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).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin’s metrics suggest bull market is far from overvalued
Jim Cramer, Known for His Wrong Comments, Shared His Last Opinion on Bitcoin and Cryptocurrencies
Jim Cramer, who is the butt of jokes in the cryptocurrency world with his predictions, has made new comments about Bitcoin. Here is everything he said.
A New Name Has Begun to Stand Out in Donald Trump’s Selection for SEC Chair: Decision Could Come In A Few Days – Here Are His Bitcoin and Cryptocurre
Who will be appointed as SEC Chairman, which is critical for cryptocurrencies? Here are the latest names and their views.
Grayscale Announces New 19 Altcoins Including XRP, Avalanche (AVAX) and Solana (SOL)!
Grayscale has announced that it has relaunched private investments for eligible investors across 19 altcoin trusts, including XRP, Avalanche (AVAX), Filecoin (FIL), and Litecoin (LTC).