Binance announced today the listing of ZKsync (ZK) trading pairs and a token distribution program aimed at addressing community concerns. Starting from 8 a.m. UTC on Monday, ZK will be available for spot trading, paired with BTC, USDT, FDUSD, and the Turkish Lira. Binance users can now deposit ZK in preparation, with withdrawals available a day after the listing. The listing is scheduled to coincide with the start of ZKsync airdrop claims.

Token Distribution Program

In addition to the ZK trading pair listing, Binance announced a token giveaway program in response to criticism surrounding the ZK airdrop. The program will distribute 10.5 million ZK tokens to an estimated 52,500 users. To be eligible, users must have initiated at least 50 ZKsync Era transactions between February 2023 and March 2024, spread across at least seven different months. Additionally, users must not have claimed any ZK tokens through the official ZK Nation airdrop program. Eligible addresses will receive ZK on a first-come, first-served basis, with the first airdrop planned for June 25.

Community Concerns

The announcement acknowledged “ongoing concerns” from the community regarding the ZK token distribution, first announced by the ZKsync Association last week. The community reaction to the ZK listing was divided, with some calling the ZKsync project a “scam.” Criticism centers on the airdrop program’s lack of measures to filter out Sybil attacks, where individuals create multiple fake accounts to acquire more tokens.

“Most farmable and farmed airdrop ever probably — almost no sybil filtering as far as I can see,” wrote Mudit Gupta, chief information security officer of Polygon, on X following the ZKsync Association’s announcement.

In response, the ZK team stated on X last week that it recognized the community’s concerns but would stand by its chosen path. The team provided a set of FAQs and noted that no major issues were identified with the airdrop.