zkSync Airdrop: Nearly Half of ZK Tokens Claimed Among Tech Issues and Sybil Backlash

Ethereum scaling solution zkSync has encounter some issues during its long awaited and questionable ZK token airdrop.

“The network is presently under high load. Some RPC services can experience degraded performance,” they authored on Twitter Monday morning. During the time of writing, they hasn’t yet stated the issues happen to be resolved.

But regardless of the ongoing issues, ZK Nation—the community produced to control the ecosystem and token—said 45% from the airdropped tokens had recently been claimed by greater than 225,000 wallets.

“It is a Monday,” they joked, “don’t you need to work?”

The ZK Nation team has spent the better area of the weekend answering angry community people on Twitter and updating its Faq’s documentation concerning the way Sybil recognition was utilized to find out eligibility.

Sybil attacks happen whenever a single user creates and controls a lot of accounts or wallets and uses these to gain outsized influence. However a very vocal number of users repeat the Sybil recognition still let dodgy wallets through.

ZK Nation has defended the actual way it performed the check, saying it had been cautious about being excessively strict at the chance of excluding real users.

Very sophisticated Sybil wallets, “fund accounts from many distinct exchange addresses, never communicate with one another, use randomized amounts, and employ software to randomize daily patterns of human behavior, as well as perform activities unique towards the project (for instance, using zkSync paymasters),” ZK Nation authored in the FAQ.

This primary wave from the airdrop, which ends up on The month of january 3, 2025, will distribute tokens to zkSync Era users, ZK Quest participants, security researchers, moderators, GitHub developers, $DEGEN and $BONSAI airdrop recipients, Crypto The Sport participants, and holders of Pudgy Penguin and Milady Maker NFTs.

The 2nd wave begins in a few days, on June 24, and can extend the airdrop to zkSync native project and exterior contributors and also the protocol guild.

Although GitHub contributors can check their eligibility using their username for that developer platform, they will have to affiliate their username having a crypto wallet address before claiming their ZK tokens, based on ZK Nation.

Binance ZK token listing

Meanwhile, Binance has flagged it’s coping with problems with its very own because it races to spread out buying and selling for ZK.

“Our tech team is fixing it urgently, and will also be retrieved before buying and selling starts,” the exchange authored on Twitter. “Deposits is going to be credited when the block height catches up.”

Binance later stated the ZK listing could be postponed before the tech issues might be resolved. But ZK has already been buying and selling on other exchanges and it has seen its cost drop 23% to $.2413 because it went live

The program ended up being to allow users to deposit ZK to their wallets “when preparing for buying and selling,” the organization authored. It’ll initially list buying and selling pairs for ZK with Bitcoin (BTC), Tether (USDT), First Digital USD (FDUSD), and also the Turkish Lyra (TRY).

Binance described in the blog publish that TRY truly does make reference to fiat currency—not Try.Finance’s TRY token.

The organization may also be offering as much as 10.5 million ZK tokens off to as much as 52,000 of their users with the Binance ZK Token Distribution Program, aimed to deal with “ongoing concerns in the community round the ZK token distribution.”

Binance is particularly offering tokens to wallets that aren’t otherwise qualified for ZK tokens, but have finished a minimum of 50 transactions around the zkSync Era L2—excluding self-transfers.

The ZK token airdrop continues to be facing critique in the community because of not including enough measures to avoid a Sybil attack.