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Techub News, the privacy protection protocol zkPass has announced its token economics. The ZKP token is based on the ERC-20 standard, with a total supply of 1 billion tokens. Token functions include settlement medium, validator collateral, network points, service access, and cross-system verifiability and governance. Regarding token allocation and unlock schedule: Community accounts for 48.5% (12.5% unlocked at TGE, 6% linearly released over the first 3 months, followed by 30% released monthly over the next 5 years); Early investors account for 22.5% (linearly released over 18 months after a 12-month lock-up period); Core contributors account for 14% (linearly released over 24 months after a 24-month lock-up period); DAO Treasury accounts for 10% (linearly released over 5 years); Liquidity accounts for 5% (100% unlocked at TGE).
Techub News reports that Binance Alpha will list zkPass (ZKP) on December 19. Eligible users can claim airdrop rewards with Binance Alpha points on the event page after trading begins. More details will be announced soon.
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