PancakeSwap is a decentralised exchange available on multiple chains. As part of zkSync’s airdrop #1, PancakeSwap received just over 2.4 million ZK tokens.
PancakeSwap is one of the leading DEXs on zkSync in terms of Total Value Locked. As part of zkSync’s airdrop #1, PancakeSwap received just over 2.4 million ZK tokens and their entire allocation will be share with their community.
Of their allocation, 26.5% was used to reward veCAKE holders while 27% was used to reward past users. The remaining 46.5% of their ZK allocation will be used to reward liquidity providers (36.5%) and traders (10%).
Step-by-Step Guide:
- Head to PancakeSwap, connect your wallet and ensure you’re on the zkSync Era network.
- Go to “Swap”. Regularly swap between tokens on zkSync for a chance to earn ZK.
- Go to “Liquidity” and provide liquidity. Most of the ZK tokens will be allocated to liquidity providers.
- veCAKE holders and past users have until August 5, 2024 (10:30 UTC) to claim their ZK tokens. To claim ZK rewards, visit PancakeSwap and a claim window will be shown.
- See this official announcement for more details.