DEX ZigZag announces airdrops for seven user categories
On February 24, it was reported that DEX ZigZag, the order book of ZK Rollup on the second floor of Ethereum, announced the airdrop information for seven categ…
On February 24, it was reported that DEX ZigZag, the order book of ZK Rollup on the second floor of Ethereum, announced the airdrop information for seven categories of users, including traders, Gitcoin donors, Atlendis LP, IDO, MM robots, Discord members and POAP holders. The total number of airdrops was about 110000, and the total number of ZZ airdrops was about 35 million, accounting for 35% of the total supply. For Gitcoin donors who donate more than $3, two ZZs will be dropped by air for each dollar.
ZigZag airdropped 35 million ZZ, with a total of 110000 addresses
Interpretation of the news:
Keyword: DEX ZigZag, ZK Rollup, Ethereum, airdrop, Gitcoin donors
On February 24, 2021, DEX ZigZag, the order book of ZK Rollup on Ethereum, announced the airdrop information for seven different categories of users. These seven categories include traders, Gitcoin donors, Atlendis LP, IDO, MM robots, Discord members, and POAP holders. The announcement reported that approximately 110,000 airdrops would be given, and the total number of ZZ airdrops amounted to approximately 35 million, considering about 35% of the total supply.
Among the category of Gitcoin donors, those who donated more than $3 received two ZZs for every dollar they donated. The airdrops are free cryptocurrency tokens, and the distribution will occur randomly amongst the eligible users of the categories mentioned above.
In the cryptocurrency world, airdrops are a popular strategy to promote a project or token where tokens are given to holders for free, thus encouraging more usage and adoption of a cryptocurrency. The benefits of airdrops include rewarding early adopters, expanding the user base, and increasing the token’s distribution.
ZigZag, the decentralized exchange, is built on the Ethereum blockchain and operates using the ZK Rollup scalability solution. It allows users to trade ERC20 tokens at lightning-fast speeds and lower transaction costs.
The announcement of the airdrop was intended to incentivize and expand the user base of ZigZag’s decentralized exchange. The seven selected categories were chosen to target different groups of users, including traders and donors, who are most likely to be interested in the platform.
In conclusion, the ZigZag decentralized exchange has experienced rapid development over the past year and has announced a significant airdrop for its users to explore its platform further. Airdrops are controversial in the cryptocurrency world, speculating that the incentive will pump the value of the ZZ token, but it remains to be seen if the airdrop will succeed in encouraging more usage and adoption of the ZigZag decentralized exchange.
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