ZigZag airdropped 35 million ZZ, with a total of 110000 addresses

On February 24, it was reported that DEX ZigZag, the order book of ZK Rollup on the second floor of Ethereum, announced the airdrop information for seven categories of users, including traders, Gitcoin donors, Atlendis LP, IDO, MM robots, Discord members and POAP holders. The total number of airdrops was about 110000, and the total number of ZZ airdrops was about 35 million, accounting for 35% of the total supply. For Gitcoin donors who donate more than $3, two ZZs will be dropped by air for each dollar.

Interpretation of this information:

The DEX ZigZag, which is an order book of ZK Rollup on Ethereum’s second floor, has recently announced an airdrop of ZZ tokens for seven categories of users. These categories include traders, Gitcoin donors, Atlendis LP, IDO, MM robots, Discord members, and POAP holders. The total number of airdrops amounts to around 110,000, with 35 million ZZ tokens making up 35% of the total supply. For Gitcoin donors who have donated more than $3, they will receive two ZZ tokens per dollar.

The DEX ZigZag’s airdrop is a clever strategy to incentivize its user base and grow its community. By offering free tokens to a range of users in different categories, the DEX ZigZag enables increased engagement and activity on the platform. This is particularly evident in the case of Gitcoin donors who receive more tokens for donating more money. This encourages users to not only participate on the platform but donate to its cause as well.

The use of airdrop campaigns is a common tactic among cryptocurrency projects as they seek to incentivize users and expand their reach. The implementation of such a strategy can often help projects gain exposure and foster organic growth. Amidst the current cryptocurrency boom, it is important for projects to find creative ways to stand out in a saturated market.