ZkLink Nova Airdrop, officially known as Novadrop, is here. Previously they had an airdrop on Binance. This is another phase of their exciting bunch of airdrops. Here in this article, we will discuss what is ZkLink, who is eligible for the airdrop, and a step-by-step guide to claim the tokens.
What is ZkLink?
ZkLink is another blockchain infrastructure that focuses on liquidity and dApps on multiple blockchains. It operates primarily through two components with zero-knowledge technology, ZkLink Nova and ZkLink X. The ongoing airdrop is a part of ZkLink Nova. That’s why it is called a Novadrop.
ZkLink Nova arranges for Web3 users to deposit their assets from Ethereum Layer 1 and Layer 2 directly into its network. They are EVM compatible and support various dApps.
What is ZKL Token?
ZKL is the native token of ZkLink infrastructure. It also acts as a governance token for the ZkLink protocol. Currently, the token is used around the ZkLink ecosystem and is yet to be released to the public market. There is a strong chance that this token’s initial listing will be on Binance.
ZKL Tokenomics
The total supply of ZKL Token is 1,000,000,000 ZKL. The project has already raised around 20 million from prominent ventures and individuals. Here is a detailed division of the token allocation:
| Category | Percentage | Total Allocation | Description |
| Community Treasury | 29.875% | 298,750,000 ZKL | From this 29.875%, 10 percent is used for community rewards. The community treasury reserve is 15.875%. Community dev incentive and bug bounty together consist of 4%. |
| Liquidity Reserve | 4% | 40,000,000 ZKL | 50% unlock at TGE, followed by 1 year of monthly linear vesting. When in circulation, the strategy is to maintain a neutral token balance. |
| Ecosystem Development | 22.5% | 225,000,000 ZKL | 20% unlock at TGE, followed by 2 years of linear monthly vesting. |
| Founding Team & Advisors | 20% | 200,000,000 ZKL | 6 months lock-up, followed by 3 years of monthly linear vesting. |
| Early Private Purchases | 20.5% | 205,000,000 ZKL | Early private purchases went along with three rounds of sale. The pre-seed round with 8% of the token sales, the seed round with 7.8%, and the private round with 4.7%. |
| CoinList Sale | 3.125% | 31,250,000 ZKL | The CoinList ICO (Initial Coin Offering) happened on January 25th, 2024. The Token Lockup Terms were 30% unlock at the Token Generation event of March 31st, 2024, followed by 9 months of monthly linear vesting. |
Step-by-Step Guide to Claim Nova drop
The airdrop campaign runs through several rounds. Here is the detailed step-by-step guide:
- Visit ZkLink Airdrop Link: Visit the official site of Zklink and find the link to airdrop. The airdrop of ZkLink is called a novadrop. So, click the link to novadrop. There is only one website for ZKL Claims, beware of fraudulent sites.
- Connect the Wallet: After reaching the novadrop page, agree to the terms and conditions and connect the wallet. You can use Browser Wallet, Gatewallet, OKXwallet, Binance web3 Wallet, or Metamask. Also, there is an option to get a wallet if you don’t own one.
- Check Eligibility: After scanning the QR with your wallet to connect, the system will detect whether you are eligible or not. If you are eligible, then a “congrats you are eligible” message will pop up.
- Join the Social Media Handles:
- First, connect your Twitter profile.
- Follow ZkLink’s official Twitter account. Click on Verify.
- Connect your Discord.
- Join the ZkLink Discord Server. Click on Verify.
- Start Earning: Now you will have access to your ZkLink dashboard. There are several ways to earn through your ZkLink dashboard. Let us dive deeper:
- Prize Pool 1: Nova Poinsts: The eligibility criteria for prize pool 1 is that you have to earn nova points via depositing, staking, or through dApps.
- Prize Pool 2: Nova Lynks NFT: You have to buy and sell NFTs to get your rewards.
- Prize Pool 3: Loyalty Points: You should participate in the ZkLink community to earn loyalty points.
- Prize Pool 4: OKX Cryptopedia: They are yet to reveal what this is all about. We are still early.
- Prize Pool 5: Task2Get: You should do the tasks assigned to you, and you will be rewarded with ZKL. There are no ongoing tasks at the moment. More tasks are coming soon.
How to Withdraw?
You can visit dApps or any exchanges. ZKL will be listed on prominent websites like Binance, Or you can use ZkLink’s official bridge to convert your tokens.
Is ZkLink Airdrop Free?
Yes, the airdrop is free. But there are some terms and conditions to participate in this campaign.
Eligibility Criteria, Terms & Conditions
- You should be at least 18 years old
- NovaPoints holders, Nova Lynks NFT holders, and zkLink Loyalty Points holders get extra priority over newcomers.
- You shouldn’t use any virtual private network (VPN), or similar tools while claiming the airdrop.
- To participate in the Airdrop, you will need to enter an eligible Airdrop Address (as said in the step-by-step guide) or connect a compatible third-party digital wallet.
- Only persons who are not from the United States of America can claim the airdrop. U.S. citizens can’t claim the airdrop. Anyway, U.S. residents from outside, green card holders, or corporate entities with a majority of US ownership, or a principal place of business or registered office in the United States of America, are eligible to use the Services and participate in the zkLink Nova Airdrops.
- ZkLink Novadrop airdrop and its other services may not be used in Russia, Cuba, Iran, North Korea, and Syria.
Is ZkLink Trustable?
The ZkLink project is backed by major firms, including Coinbase Ventures, Arrington Capital, Polygon, Solana, and Marshall Group. The previous airdrop of ZkLink was done through Binance. This shows that ZkLink is a trustable venture.
Conclusion
ZkLink charges extremely low gas fees, so you can convert your rewards with ease. This is one of the potential projects in the Web3 world. Anyway, it is advised to do your research to understand the pros and cons.
Also, ZKL has a minimum purchase criteria of 100 dollars and a maximum purchase criteria of 500 dollars. Additional allocation can be done only on a request basis. It means, there aren’t any big whales holding large amounts of ZKL Tokens. So, you are relieved from a pump and dump. Just go for it.
Read more: How To Claim Spunky Airdrop, Eligibility And Launch Date
