First vote is up on zkSync 🏛️🏛️

325 million $ZK tokens over nine months ($43M at current price).

Around 5M USD of incentives per month.

Objective → to increase TVL.

Who will get incentives? → DeFi protocols deployed on zksync with more than 1M TVL (Defillama) can apply to get ZK incentives.

Protocols can apply to get these via an application form (below)

💰 New Tokens → this will mean the minting of new tokens. This is just a formality since if they were already minted they would have been out of circulation anyways. So in both cases (already minted or minting right now) non-circ tokens are entering circ. The result is the same.

For us, users → I'm unsure how this will impact price, but there will certainly be attractive yield farming opportunities in zksync defi. To keep an eye on

Specifics, smart contracts, in depth- here https://forum.zknation.io/t/tpp-001-zksync-ignite-program-the-ignite-program/168/125

Proposal live here https://vote.zknation.io/dao/proposal/61143334896738427838139044418897411872404555684850233057602201527014096413671?govId=eip155:324:0x10560f8B7eE37571AD7E3702EEb12Bc422036E89

🏛️ If you hold ZK and want to delegate to olimpio.eth → https://vote.zknation.io/dao/delegate/0xf4b0556b9b6f53e00a1fdd2b0478ce841991d8fa

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