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ZigZag Exchange

Basic Information

InformationDetails
Project NameZigZag Exchange
Project WebsiteZigZag Exchange
Project DescriptionA decentralized order book exchange utilizing zkRollups for fast and low-cost trading.
Project TickerZZ

Airdrop Details

InformationDetails
Airdrop TypeZZ (Governance Token)
Total Airdrop Amount34,000,000 ZZ (34% of total supply)
Number of Eligible Users~100,000 addresses
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotDecember 31, 2022
Blockchain Snapshot (Additional)January 17, 2023 (06:00 UTC)
Claiming StartedNot Known
Claiming EndsNot Known

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
Minimum300

Eligibility Criteria

ZigZag Exchange distributed airdrops based on several criteria:

  • Trader Airdrop: Based on trading activity, sybil accounts were excluded.
  • Gitcoin Donator Airdrop: 2 ZZ per $1 USD donated, with a $3 minimum donation (7600 addresses, 717,332 ZZ).
  • Atlendis LP Airdrop: 500 ZZ per depositor with a $5 minimum deposit (2100 addresses, 1,115,000 ZZ).
  • IDO Participant Airdrop: 3 ZZ for every ZZ purchased (1 ZZ minimum) (5500 addresses, 814,739 ZZ).
  • Market Maker (MM) Bot Airdrop: Based on the number of trades, with a snapshot taken on January 17, 2023 (1700 addresses, 1,715,878 ZZ).
  • Discord Member Airdrop: Based on “Member” role (253 addresses, 200,000 ZZ).
  • POAP Holder Airdrop: 300 ZZ per POAP holder (34 addresses, 10,000 ZZ).

Additional Information

  • All airdrops were directly distributed on zkSync Lite, with an option to bridge back to Ethereum mainnet.
  • There was no vesting period; tokens were distributed immediately.
  • A total of 7 airdrop distributions occurred.
  • The largest allocation (29.6M ZZ) was based on base criteria, early adopter bonus, and loyalty bonus.
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