TechFlow reports that the first phase of ZKX token airdrop, part of the Starknet ecosystem project, has launched, focusing on early contributors. The token will serve as a governance token with a maximum supply of 100 million. The first phase will distribute 4% of the total supply, while the second airdrop will distribute approximately 11%.
Both airdrop phases will be locked until the token launches in early 2024, ensuring the token's value is tied to the growth of the ZKX exchange.
The first-phase airdrop recipients include Yakuza participants from SZN1 and SZN2. The airdrop is divided into categories: OG1, OG2, OG3, OG4 ambassadors, and administrators.
Rewards for participants will be based on their highest achieved role across multiple activities in SZN1 and SZN2. These rewards will be applicable upon the launch of the Yakuza NFT collection.
Earlier on September 13, it was reported that ZKX, a Starknet-based project, revealed its tokenomics model. The total supply of ZKX is capped at 100 million tokens, allocated as follows: 18% for trading incentives, 17% for the core team, 1% for advisors, 20% for investors, 20% for DAO treasury, 15% for community launch, and 9% for liquidity provision. ZKX serves as the project’s governance token, enabling holders to trade, stake, and vote.
