Zksync Token Listing on Binance
Binance has officially announced the listing of Zksync (ZK) trading pairs, along with a token distribution program aimed at addressing community concerns regarding the token airdrop. Starting on Jun. 17 at 10:00 (UTC), users can engage in spot trading of the ZK token on Binance against Bitcoin (BTC), Tether (USDT), First Digital USD (FDUSD), and the Turkish Lira (TRY).
Binance ZK Token Distribution Program
Binance has revealed its plans for a token giveaway program, intending to allocate 10.5 million tokens to approximately 52,000 users. To be eligible for this distribution scheme, users must have conducted a minimum of 50 ZKsync Era transactions between February 2023 and March 2024, spread over at least seven different months during that period.
Community Concerns and Criticisms
The community has expressed ongoing concerns over the ZK token distribution, particularly related to the lack of safeguards against Sybil attacks in the airdrop program. This criticism has sparked varied reactions across social media platforms, with some labeling the ZKsync initiative as a potential scam.
