Ethereum Layer 2 Project ZKSwap will Airdrop 80 Million ZKS to Layer1 and Layer2 ZKS Holders

The ZK-Rollup-based AMM model layer2 dex ZKSwap was officially launched on February 14, 2021. Within one week after the launch, the Total Value Locked on ZKSwap layer2 has exceeded 120 million U.S. dollars with nearly 11,000 new Layer 2 accounts opened. Based on the ZK-Rollup technology, ZKSwap has fully implemented all Uniswap functions on Ethereum layer2 and enables ERC20 and ETH transfer and swap on layer2 in real-time with zero gas fee. In order to optimize the economic model, increase the circulation supply, promote Ethereum users’ awareness of layer2, and attract more users to migrate to ZKSwap’s Layer2 to experience zero gas fee, real-time transfer, and AMM swap services, the ZKSwap team has decided to conduct another 1:1 airdrop to all users who hold ZKS in layer1 (exchanges or independent wallet addresses), ZKSwap layer 2 or ZKSwap Proof-of-staking contract. The tokens for this airdrop will come from the allocation for long-term incentives. The snapshot for the airdrop will be taken at 10:00 am February 25, 2021, Beijing time.