PancakeSwap to Distribute 2.45M ZK (zkSync) Tokens to Thank Community

Popular multi-chain decentralized exchange PancakeSwap has announced a major community bounty program from July 5 to August 5.

As part of this initiative, PancakeSwap will be distributing over 2.45 million zkSync (ZK) tokens to its community members in appreciation for their support of the zkSync PancakeSwap deployment since July 2023. The said airdrop aims to reward not only long-standing contributors but also newcomers who are actively engaging with PancakeSwap.

According to the official Blog veCAKE holders and previous contributors can participate in the airdrop. Eligible users need to link their wallets to the PancakeSwap homepage and follow the pop-up notification guide to claim ZK tokens.

Meanwhile, unclaimed tokens will be reallocated to the PancakeSwap ecosystem for any upcoming development and community projects.

The stock exchange team said it had made significant progress since the start. He lives Last summer, the DEX was running on the zkSync Era network, a layer 2 network of the Ethereum network. During this time, the DEX implemented critical features such as seamless swaps, yield farming, prediction markets, Fiat On-Ramp, Position Manager, and Syrup Pools.

These efforts have helped it surpass $3 billion in trading volume, millions of dollars in total value locked (TVL), and over 1.9 million total traders.

“At PancakeSwap, we are committed to fostering a thriving community and rewarding our users for their dedication to our platform. The ZK airdrop embodies our appreciation for the support and engagement of our community members. We invite you to actively participate in this opportunity to take advantage of the airdrop and continue shaping the future of DeFi with PancakeSwap.”