Curve Finance Set to Airdrop ZK Token to Several Projects

IconCryptoNewsTerminal Staff11 Jun, 2024

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Curve Finance Set to Airdrop ZK Token to Several Projects

Curve Finance, a decentralized exchange, has announced that it will be airdropping ZK tokens from zkSync, an Ethereum layer-2 network based on zero-knowledge (zk) proofs. The airdropped tokens will likely be used as liquidity mining incentives. zkSync previously announced that it will be airdropping 17.5% of its total supply of 21 billion ZK tokens to its users starting next week. This airdrop is significant because it is one of the first major airdrops of a zk-based token. zk-based tokens are designed to be more scalable and secure than traditional tokens, and they are expected to play a major role in the future of decentralized finance (DeFi).

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