zkApe Token (ZAT)
zkApes tokenomics and DAO airdrop
zkApes tokenomics
Why should we launch zkApes token?
After 1 and a half years of development and nearly 2 months running on zkSync Era mainnet, we have launched zkApes NFTs, ApeX-the first NFTs DEX on zkSync, ApeScan-the first NFTs browser on zkSync, and we are launching NFTFi of zkApes soon. We are extremely excited to announce the launching of DAO governance of Apeverse, this is a massive leap forward in the development of the Apeverse. The future of Apeverse belongs to the DAO community, and the role of the zkApes token for enabling community-driven DAO governance.
Apeverse is developing in several directions, we can’t give up upgradeability but we want to remove central points of control. But then who controls upgradeability? The zkApes DAO does, and zkApes token is essential for distributing this power to the community. And that’s why a token is necessary for securely developing Apeverse.
How will we allocate zkApes token?
We’ve talked a lot about what governance is and why it’s important, but equally important is how that responsibility gets distributed to the community. The zkApe token is majority community owned, 70% will be distributed in the zkApes Airdrop next week, based upon data taken on several snapshots.
zkApes token is an ERC-20 governance token native to the zkSync Era mainnet. Token properties at launch:
Token name: zkApes token
Token Ticker: ZAT
Max Supply: 100,000,000,000,000 (100,000 billion), no additional issuance
Allocation: 70% for airdrop, 10% for project development(Locked 1 year), 10% for investors(Locked 1 year), 5% for DAO governance, 5% for marketing.
While the user and DAO airdrops will be available on May 10th, all investors and team tokens are subject to 1 year lockups, with the first unlocks happening one year after the token generation event and then monthly unlocks for the remaining 1 year.
zkApes DAO Airdrop (expire)
$ZAT is majority community owned, 70% will be distributed in the zkApes Airdrop on May 10th. A points system is used to determine the number of $ZAT that airdrop recipients can claim, you earn at least one point per qualifying action performed before the snapshot date. Point scores were capped at 15.
Qualifying actions:
Apeverse
1. Holding 1–10 NFTs: 3 points
2. Holding 10–30 NFTs: 6 points
3. Holding more than 30 NFTs: 15 points
4. Discord OG: 1 point
5. Discord Minters: 1 point
6. Discord Warriors: 1 point
7. Discord Onboard: 1 point
8. ZNS Holders: 1 point
9. POAP Holders: 1 point
zkSync lite mainnet
1.Conducted 1 transaction: 1 point
2.Conducted 10 transactions: 1 point
3.Conducted 25 transactions: 1 point
4.Conducted 100 transactions: 1 point
5.Conducted transactions exceeding $10,000 in ETH value: 1 point
6.Conducted transactions exceeding $100,000 in ETH value: 1 point
7.Conducted transactions exceeding $250,000 in ETH value: 1 point
8.Bridged more than $10,000 of assets into zkSync lite: 1 point
9.Bridged more than $50,000 of assets into zkSync lite: 1 point
10.Bridged more than $100,000 of assets into zkSync lite: 1 point
zkSync Era mainnet
1.Conducted 1 transaction: 1 point
2.Conducted 10 transactions: 1 point
3.Conducted 25 transactions: 1 point
4.Conducted 100 transactions: 1 point
5.Conducted transactions exceeding $10,000 in ETH value: 1 point
6.Conducted transactions exceeding $100,000 in ETH value: 1 point
7.Conducted transactions exceeding $250,000 in ETH value: 1 point
8.Bridged more than $10,000 of assets into zkSync Era: 1 point
9.Bridged more than $50,000 of assets into zkSync Era: 1 point
10.Bridged more than $100,000 of assets into zkSync Era: 1 point
Timetable
Airdrop launching:
2pm, May 10th, UTC
zkSync lite and era users snapshot:
May 1st, UTC (ended)
zkApes NFTs holders snapshot time:
before airdrop launches
ZNS name holders snapshot time:
before airdrop launches
Discord warrior role snapshot time:
before airdrop launches
$ZAT Listing:
May 10th for DEX, before May 31th for CEX
Converting Points to tokens:
DON’T GET SCAMMED; Airdrop hasn’t begun yet, and only follow trusted links.
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