πŸ‘―β€β™€οΈLaunchpad plugin

The ZKLABX Launchpad plugin allows users to take advantage of the benefits offered by projects launching on the zkSync Labs Launchpad. These benefits may include whitelist spots, discounts, airdrops, and other bonuses. Precise details regarding the specifics of upcoming benefits will be provided before each sale on the launchpad page.

Holding ZKLABX won't expose you to benefits; you have to allocate it to the launchpad plugin. If you allocate ZKLABX to the plugin, you will be eligible for benefits related to the launchpad until you deallocate. Once you allocate ZKLABX to the Launchpad plugin, a 15-day cooldown timer is triggered which resets every time you allocate more ZKLABX. During this time, you cannot deallocate your ZKLABX. The amount of ZKLABX you allocate determines your share of the benefit, so allocating more results in a more significant share. If the total amount of ZKLABX allocated to the plugin increases, each user's share will decrease proportionally; this process works in both directions. A snapshot for each benefit is taken at dates specified on the launchpad page.

Each launch will provide its unique benefit to ZKLABX allocators. The active allocation ratio is determined through a specific calculation method. To illustrate, let's take the example of the WINR sale, although the figures may vary based on the particular sale:

  • For the initial 250,000 ZKLABX allocations, users will receive a whitelist allocation of $4k per ZKLABX.

  • Once the allocation of 250,000 ZKLABXs has been made, the allocation ratio will be determined using a formula similar to that of a fair auction's price discovery: (your allocation / total allocation) * total available white list allocation.

This means that as more users allocate, the smaller the proportion of allocation each user will receive. Thus, once 250,000 ZKLABXs have been allocated to the Launchpad plugin, the allocation process will operate in both directions.

To calculate the total share of the allocation, here is an example: If the allocation is spread over $1 million, a user has allocated 1 ZKLABX, and a total of 500,000 ZKLABX has been allocated to the plugin, the user will receive 0.2% of the $1 million allocation.

Last updated