How to Receive Potential zkSync ($ZKS) Token Airdrop?

ashvin@newsletter.paragraph.com (Ashvin) — Mon, 20 Mar 2023 03:50:53 GMT

The best chance to receive $ZKS airdrop is to interact with zkSync Lite. Moreover, many projects in the zkSync ecosystem also do not have a token yet. So interacting with their ecosystem dapps may entitle you to potential airdrops from zkSync and the ecosystem project. Here’s how to receive a potential zkSync token airdrop:

Add zkSync Era Alpha Testnet on MetaMask.

Get Testnet Tokens.

Interact with zkSync Lite.

Bridge Funds to zkSync.

Interact with the zkSync ecosystem.

What is zkSync?

ashvin@newsletter.paragraph.com (Ashvin) — Mon, 20 Mar 2023 03:47:53 GMT

zkSync is a layer-2 scaling solution designed to speed up transactions and lower gas fees on the Ethereum network while maintaining high security and privacy for users. It does this through Zero-Knowledge Rollup (ZK-Rollup) — transactions on Ethereum are bundled up to be processed off-chain and then sent back to the main chain after validation.

zkSync is developed by Matter Labs. The company was co-founded in 2019 by Alex Gluchowski and Alexandr Vlasov. Matter Labs has raised over $58 million. Their latest funding was raised on 8th November 2021 from a Series B round led by Andreessen Horowitz (a16z). Other major investors include Dragonfly Capital, Placeholder, 1kx, and more.