Binance Unveils Boundless (ZKC) Tokenomics with Genesis Supply of 1 Billion
Gate will list Boundless (ZKC) for spot trading and launch a Launchpool event, offering ETH stakers a share of 133,334 ZKC tokens, with hourly airdrop rewards.
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Summary
Gate will list Boundless (ZKC) for spot trading on September 15, 2025, and launch a Launchpool project with 133,334 ZKC tokens up for grabs via ETH staking. The staking period will run from September 15 to 18, 2025, with rewards distributed hourly. Boundless is a universal ZK protocol aiming to scale blockchains. ZKC has an infinite max supply with a 7% inflation rate in Year 1, reducing to 3% by Year 8.
Terms & Concepts
- Launchpool: Gate's staking platform that allows users to earn tokens through staking various cryptocurrencies, often offering additional rewards or airdrops.
- ZK Protocol: A cryptographic framework that uses zero-knowledge proofs to enhance scalability and privacy in blockchain networks.
- Airdrop: A distribution of free cryptocurrency tokens to certain holders, often used as a promotional or reward strategy.