The Starknet derivatives protocol ZKX has launched the first phase of its token airdrop, distributing 4 million ZKX

ChainCatcher news, the decentralized derivatives protocol ZKX in the Starknet ecosystem announced the launch of the first phase of its token airdrop, which will take place from October 2 to October 16. The token ZKX is the governance token of the protocol, with a maximum supply of 100 million tokens. The first phase of the airdrop will distribute 4% of the total supply, while the second phase will distribute 11% of the total supply.

ZKX stated that the first phase of the airdrop is aimed at Yakuza participants from SZN1 and SZN2, and the tokens will be available for trading once they go live in early 2024.

ZKX also added that the second phase of the airdrop is planned for traders participating in Yakuza SZN 3 and 4.