Too many people, too little porridge, zkSync’s token distribution dilemma

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The longer the waiting time, the higher the expectations of users. For example, the Starknet Provisions token airdrop plan, the Starknet Foundation only rewarded 500,000 individual users. There are too many people and too little resources, and the community has not received unanimous praise.

As a popular project that has not yet issued a coin, zkSync, its zkSync Lite was launched on the mainnet on June 15, 2020, and zkSync 2.0, zkSync Era, was launched on March 24, 2023. According to TrustGO statistics, even if only active interaction addresses on ERA are considered, there are more than 6 million active addresses. The issue of token distribution is also placed in front of zkSync, which has a huge number of active addresses.

Point 1: Simulate Starknet token distribution

In the Starknet Foundation’s token distribution rules, in addition to requiring a balance of at least 0.005 ETH, other rules include:

(1) Active in at least 3 different months;

(2) Complete at least 6 interactions;

(3) The total transaction amount is not less than 100U;

We conducted two simulations with different parameters for these three rules on zkSync Era active addresses.

Option 1: Screen out 2.78 million eligible addresses;

(1) Active in at least 4 different months;

(2) Complete at least 10 interactions;

(3) The total transaction amount is not less than 100U;

Option 2: Screen out 2.05 million eligible addresses;

(1) Active in at least 4 different months;

(2) Complete at least 30 interactions;

(3) The total transaction amount is not less than 500U;

Point 2: Find Sunshan — Address ranked 500K

We follow the Starknet Foundation's idea and consider rewarding 500K personal wallet addresses in the airdrop. Trusta's zkSync MEDIA reputation Score is a scientific score for on-chain addresses that combines Monetary, Engagement, Diviersity, Identity and Age. Through TrustGO, we found the address 0xe175681e0690f252b09bcb0ae92de7428232b975 ranked 500,006

The performance of this address is actually very outstanding. We list some very outstanding dimensions as follows:

Point 3: Interactive behavior analysis based on MEDIA

Among all addresses, there are approximately 2.9 million addresses with a score above the passing line of 60, accounting for 46% of all addresses.
There are 2,265,883 addresses that have completed cross-chain transactions through the mainnet official bridge. We calculated the cross-chain amount distribution of these addresses based on mainstream tokens.
There are 5,831,239 addresses that have interacted with funds in zkSync ERA. We calculated the distribution of the funds interaction amount of these addresses based on the mainstream tokens. It can be seen that only a small number of addresses have an interaction amount of less than 100U.
There are 6,192,010 addresses that have actively interacted on zkSync ERA. Based on their active months, we see that 52% of users have interacted for more than 3 months.
According to statistics, we found that there are nearly 4 million accounts with more than 10 transactions. When we split these addresses by the number of active months, we found that most of the addresses are concentrated in the range of three to ten months.
There are 4,969,711 addresses that have interacted with contracts on zkSync ERA, and most of them interacted with more than 5 contracts.
The number of addresses that have interaction records on zkSync Lite is 1,864,953. Divided by their Lite Age: Days Since First Interaction on Lite, it can be seen that the older the zkSync Lite user, the higher his MEDIA score will be.

Point 4: Analysis of niche groups

Paymaster is a unique selling point of zkSync Era. It enables users to use non-ETH supported gas functions, which is convenient for many users. According to statistics, there are 765,898 addresses that have used paymaster on zkSync Era. The MEDIA scores of these addresses are mostly greater than 50 points, and the proportion of those above 80 points is quite high.
The airdrop of LIBERTAS OMNIBUS COLLECTION was also once valued by the community. The current number of addresses holding LIBERTAS OMNIBUS COLLECTION is 124,112. The above figure compares the distribution of MEDIA scores of Holder/Non-Holder.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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