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CDS Crypto News PancakeSwap’s 2.4M ZK Token Airdrop: Everything You Need to Know

Crypto News

PancakeSwap’s 2.4M ZK Token Airdrop: Everything You Need to Know

lectertodd05/07/20241 Mins read120

Pancakeswap'S 2.4M Zk Token Airdrop Everything You Need To Know

A Closer Look at the PancakeSwap’s 2.4M ZK Token Airdrop

PancakeSwap, a multichain decentralized exchange, has introduced a significant community reward scheme (DEX). It is scheduled to start at 10:30 am UTC on July 5 and end at 10:30 am UTC on August 5. Appreciating the community’s continuous support for zkSync, the platform will airdrop 2,452,128 zkSync (ZK) tokens to them. The campaign was launched in response to PancakeSwap surpassing $3 billion in trading volume, $5 million in total value locked (TVL), and more than 1.9 million traders overall.

Table of Contents

The airdrop distribution is currently open to veCAKE Holders, Liquidity Providers, Active Traders, Traverse Campaign Participants, zkSync Prediction Users, and zkSync Gauge Voters who meet the eligibility requirements.
PancakeSwap

Receiving Airdrop Process

The design of the zkSync airdrop rewards vote-escrowed Cake (veCAKE) holders in addition to past and future contributions. The airdrop will be available to active users who have made contributions to the platform through trading, providing liquidity, and taking part in earlier zkSync projects. In order to support the platform’s expansion, future donors that supply liquidity and trade using zkSync PancakeSwap will also receive an airdrop.

At publication, veCAKE holders and previous contributor user categories are eligible for the airdrop distribution.
Eligible users must connect their wallet to the PancakeSwap platform webpage and adhere to the pop-up notification instructions in order to claim the ZK tokens.
Tokens that remain unclaimed will be transferred to the PancakeSwap ecosystem in order to support community projects and further development.

FAQ

How can I Participate in the Airdrop?

To participate in the airdrop, you must have an active wallet on PancakeSwap on a certain date and meet certain requirements. You can find detailed information by following PancakeSwap’s official announcements.

How Can I Get My ZK Tokens?

If you qualify for the airdrop, ZK tokens will be automatically transferred to your wallet. You can check your wallet on PancakeSwap.

Do ZK Tokens Have a Lock Period?

In some airdrops, tokens may not be sold or transferred for a certain period of time. You can learn these details from the official announcements.

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lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.