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ZkSync, Ethereum Layer-2 Network, Hints at Airdrop By End of June

Zero-knowledge (ZK) rollup zkSync has suggested that a governance token airdrop will take place at the end of June. Total value locked (TVL) since then has risen to $141 million, according to DefiLlama. ZkSync is a layer-2 network designed to scale Ethereum, providing cheaper transactions by performing computation and storing data off-chain. The planned issuance of a governance token comes after a series of airdrops over the past year. Matter Labs, the developers of zkSync, have raised a total of $458 million across several funding rounds from the likes of Blockchain Capital and Dragonfly Capital.


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