Crypto users are bridging millions of dollars in funds to the zkSync network in a move that’s likely in anticipation of a potential token airdrop.
Strategies from Crypto Twitter participants for a chance to claim the tokens – if and when they are issued – include bridging to zkSync, providing liquidity on DEXs such as ZigZag, and conducting a few trades every week.
Data from Nansen shows nearly $8 million worth of tokens have flowed to the network in the past week.
Elsewhere, DeFiLlama data shows Total value locked (TVL) metric on the zkSync-based decentralized exchange ZigZag has ballooned to over $13 million on Tuesday from last week’s $1.5 million. All of these flows to ZigZag were in tether (USDT) stablecoins, the data shows.
(By Shaurya Malwa)
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