PancakeSwap, a well-known multi-chain DEX, recently made an announcement about a community reward program set to run from July 5 to August 5. This program is aimed at distributing over 2.45 million zkSync (ZK) tokens to community members as a token of appreciation for their support of the zkSync PancakeSwap deployment since July 2023.
The official blog post highlighted that both longstanding contributors and newcomers who actively engage with PancakeSwap are eligible to participate in the airdrop. To claim the ZK tokens, users must be veCAKE holders or past contributors and connect their wallet to the PancakeSwap platform homepage. Following the pop-up notification guide is crucial to successfully claim the tokens. It is important to note that unclaimed tokens will be allocated to the PancakeSwap ecosystem for future development and community projects.
The exchange’s team mentioned the significant progress made since the initial launch on zkSync Era, an Ethereum layer-2 network. Over the past year, PancakeSwap has introduced features such as seamless Swaps, Yield Farming, Prediction Markets, Fiat On-Ramp, Position Manager, and Syrup Pools. These additions have contributed to the platform surpassing $3 billion in trading volume, hosting millions in total value locked (TVL), and attracting over 1.9 million total traders.
PancakeSwap emphasized its commitment to nurturing a vibrant community and acknowledging users for their loyalty to the platform. The ZK token airdrop is a clear demonstration of the platform’s gratitude for the continuous support and engagement of community members.
PancakeSwap’s community reward program is a strategic move to strengthen user engagement, foster loyalty, and incentivize active participation. With a focus on technological innovation and community appreciation, the platform continues to solidify its position as a leading decentralized exchange in the cryptocurrency space.