PancakeSwap Extends ZK Airdrop Claim Period until September 4

Bittime - PancakeSwap announced that the claim period for the ZK airdrop has been extended to September 4, 2024 at 17:30 WIB. Once the claim period ends, unclaimed tokens will be returned to PancakeSwap and used for development of PancakeSwap.

Details of ZK Airdrop 

Initially, PancakeSwap announced an airdrop of 2.4 million ZK to its community. This airdrop is aimed at various categories of users, including veCAKE holders, previous liquidity providers, active traders, and participants in predictions zkSync. Following are the details of the ZK airdrop allocation from PancakeSwap.

• veCAKE Holders: A total of 26.5% of the total airdrop tokens were allocated to veCAKE holders, with a total of approximately 54,037 users.
• Past Contributors: A total of 27% of the total airdrop was allocated to previous contributors, consisting of 116,698 users. Of these, 15.5% is allocated to liquidity providers, 10.5% to active traders, and the rest to other participants.
• Future Contributors: A total of 46.5% of the total airdrop was allocated to future contributors, including liquidity providers (36.5%) and active traders (10%).

ZK Airdrop Claim Period Extension

The announcement of the extension of the claim period is welcomed, especially for those who have not had the opportunity claim token. PancakeSwap also confirmed that this is the only extension that will be granted. 

Therefore, eligible users are advised to immediately claim tokens before the deadline ends.

Besides that, PancakeSwap provides additional incentives by covering gas fees for claiming these tokens, to provide the best user experience.  

zkSync and ZK Token

zkSync is a layer 2 solution for Ethereum that enables faster and cheaper transactions. By using zero-knowledge rollups technology, zkSync able to significantly reduce transaction costs on the Ethereum network, while maintaining security and decentralization. 

Adoption zkSync by PancakeSwap demonstrating the platform's confidence in layer 2 technology and its potential to improve the efficiency of the Ethereum network. This ZK airdrop is also a way PancakeSwap to introduce and encourage use zkSync among its users. 

With more ZK tokens circulating in the community, it is hoped that more users will be interested in exploring and using zkSync as part of their ecosystem.

Next Steps for Token Holders

For users who have received notification about their eligibility for this airdrop, the next step is to visit the official site PancakeSwap and follow the guide to claim the ZK airdrop. PancakeSwap has provided a special page on the official website which explains the details of the claim process and answers the most frequently asked questions.

For users who have not checked their eligibility, it is recommended to check immediately and ensure that they are eligible to receive the ZK airdrop. Considering the value and long-term potential of the ZK token, this is an opportunity not to be missed.

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You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

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