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ZkLend

Here’s the structured extraction of the zkLend $ZEND Airdrop SZN 1 details:


Basic Information

InformationDetails
Project NamezkLend
Project WebsitezkLend
Project DescriptionzkLend is a native money-market protocol on StarkNet, an L2 scaling solution combining zk-rollup scalability, superior transaction speed, and cost savings with Ethereum’s security.
Project TickerZEND

Airdrop Details

InformationDetails
Airdrop TypeRetroactive
Total Airdrop Amount3,890,250 ZEND (approx. 4% of total supply)
Number of Eligible Users42,695
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotFebruary 15, 2024 (15:59 UTC)
Claiming StartedMarch 14, 2024 (exact time TBD)
Claiming EndsJune 12, 2024 (90-day linear vesting)

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

Users were eligible for the airdrop based on various participation criteria within zkLend’s platform. The eight eligibility categories are:

  1. OG Farmer – Users with a time-weighted average daily deposit of $15 during the alpha launch period (May 11 - June 14, 2023).

    • Eligible Wallets: 7,850
    • Tokens Distributed: 549,500 ZEND
  2. OG E-Bagger – Users with a time-weighted average daily borrow of $10 during the alpha launch period (May 11 - June 14, 2023).

    • Eligible Wallets: 6,032
    • Tokens Distributed: 422,240 ZEND
  3. Big Whale – Users who consistently supplied capital to zkLend post-alpha launch, with a time-weighted average daily deposit of $38 (June 15, 2023 - February 15, 2024).

    • Eligible Wallets: 28,584
    • Tokens Distributed: 1,143,360 ZEND
  4. Leveragegoooorr – Users who consistently utilized leverage from zkLend post-alpha launch, with a time-weighted average daily borrow of $14 (June 15, 2023 - February 15, 2024).

    • Eligible Wallets: 22,185
    • Tokens Distributed: 1,109,250 ZEND
  5. More Yield Daddy – Users who accumulated interest from deposits, divided into three reward tiers, requiring $2.5, $25, or $100 in interest earned (May 11, 2023 - February 15, 2024).

    • Eligible Wallets: 2,301
    • Tokens Distributed: 85,820 ZEND
  6. Chad Borrower – Users who accumulated interest from borrows, divided into three reward tiers, requiring $2.5, $25, or $100 in interest accrued (May 11, 2023 - February 15, 2024).

    • Eligible Wallets: 2,708
    • Tokens Distributed: 181,810 ZEND
  7. Markets Maxi – Users who diversified their portfolio by depositing any amount into five or more different markets up until February 15, 2024.

    • Eligible Wallets: 2,542
    • Tokens Distributed: 305,040 ZEND
  8. Zend Fam – Users eligible for any of the above categories who also hold eligible NFTs and/or selected wallet addresses, including holders of ZENDuck NFTs, NFTs awarded for Starknet Quests, Starknet Turkey Quests NFTs, or top 100 zkLend Crew3 wallets. These users receive a 1.1x multiplier on total airdrop rewards.

    • Eligible Wallets: 10,240
    • Tokens Distributed: 93,230 ZEND

Additional Information

  • 25% of the airdrop claims will be unlocked immediately on March 14, 2024.
  • The remaining 75% will be vested linearly over 90 days, concluding on June 12, 2024.
  • Unclaimed tokens at the conclusion of Season 1 will be reallocated to the ecosystem pool for future rewards.
  • Holding and depositing $ZEND into the protocol will provide additional staking and governance utilities.
  • Over 35% of zkLend’s tokenomics are allocated for rewards, including future airdrops.
  • Season 2 (SZN 2) Airdrop will introduce new key product features, including isolated markets, vault strategies, and transaction builders.

This is just the beginning of zkLend’s airdrop journey—stay tuned for future rewards and updates. 🚀

This post is licensed under CC BY 4.0 by the author.