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Daily Brief

ZKsync's ZK Token is Here

gm Bankless Nation, it wasn't a great day for crypto markets, but airdrop hunters got something big.
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Jun 11, 20243 min read
ZKsync's ZK Token is Here
Published on June 11, 2024
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Sponsor: KrakenSign up for an account and see what crypto can be.

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NEED TO KNOW
Fraud Proofs Live on OP
  1. 🔴 Fault Proofs Go Live on OP Mainnet. Optimism achieves 'Stage 1' decentralization in major milestone.
    Read more on Bankless.com
  2. ♻️ Lido-aligned EigenLayer Competitor Symbiotic Launches. The much-hyped restaking protocol boasts close integration with Lido.
    Read more on Bankless.com
  3. 💰 Memecoins Get Hit. Fed Meeting anxiety is causing traders to jettison their riskiest crypto holdings.
    Read more on Bankless.com
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MARKET VIBES
Inflation Anxiety

📸 Daily Market Snapshot: Crypto prices slid with BTC touching $66K as traders forecasted their anxiety around tomorrow's Fed meeting and new inflation numbers. Memecoins were among the hardest hit in crypto, adding to already-big weekly losses.

Prices as of 4pm ET 24hr 7d
Crypto $2.44T ↘ 3.4% ↘ 6.2%
BTC $67,317 ↘ 3.1% ↘ 4.2%
ETH $3,490 ↘ 4.8% ↘ 8.0%
OP $2.07 ↘ 5.6% ↘ 16.1%

🔒
New Token Rating: Optimism OP
Optimism finally shipped working fault proofs. Why has OP tanked on this launch, and do we think it's still undervalued?
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ANALYSIS
All the Details on ZKsync’s ZK Token Airdrop
Bankless Author: Jack Inabinet

ZK has arrived.

Ethereum’s tokenless Layer 2s have long been heralded as some of the hottest opportunities for airdrop hunters, and today, ZKsync hopes to live up to hefty expectations with the release of its long-awaited native token: ZK!

Bankless has been anticipating the arrival of a ZKsync token for quite literally years at this point, and with more than 5,000 individual user accounts completing the ZKsync quests in our Airdrop Hunter, there is a high probability that you qualified for the drop if you’re reading this.

Here’s everything you need to know about ZKsync's ZK airdrop 👇


FRIEND & SPONSOR: KRAKEN

Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be.

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GO BANKLESS
Don't Miss Another Airdrop!

Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop. Did you miss out again?

Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 100 other crypto protocols in Airdrop Hunter waiting for you.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.