ZK Nation announces the plan to unlock token $ZK

→ June 2024: Approximately 760 million $ZK (~3.6% of total supply of 21 billion) will be unlocked, including:

- Up to 25% of the tokens that have vested for the Matter Labs team

- 10% of the tokens that have vested for investors

→ From July 2025 to June 2028: Approximately 167 million $ZK (~0.8% of total supply) will be unlocked each month

In total, approximately 33.3% of the total supply of $ZK will be allocated to the Matter Labs team and investors, with a vesting schedule lasting 4 years, including a 1-year cliff.

Matter Labs itself does not receive any separate token allocation apart from the team portion.