The ZKSwap team is planning to airdrop a total of 80 Million ZKS tokens (about $300 Million at the current price) to ZKS holders pre-mainnet launch. Gate.io will support this airdrop and allocate the ZKS tokens to the ZKS holders. Due to the huge amount of airdrop tokens, market price might fluctuate . To avoid potential drastic fluctuation, Gate.io will suspend the ZKS trading during the airdrop allocation process. Users who have open orders in ZKS markets, especially those with buyer orders, may adjust your orders before the trading market starts again according to the market conditions.
Gate.io will allocate tokens to users according to their balances at the snapshot time Feb 25 2:00 AM UTC.
Gate.io users don’t need to do anything in particular to claim the airdrop tokens. The airdrop token will be credited to their account directly.
ZKS trading markets will reopen on Feb 25th, after 4:00 AM UTC (depending on the airdrop time),
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