zkSync-based DEX ZigZag to Issue $ZZ and Launch IDO on June 24th

zkSync-based DEX ZigZag announced that it will launch its token $ZZ with the first round of IDO taking place on its own platform on June 24th at 3pm UTC. The total supply of $ZZ is 100m, and the IDO supply is 2m. Users need to use $USDC to purchase $ZZ. At the same time, ZigZag will launch its DAO, and tokens will have to enter circulation to allow for a vote. The first round of IDO allows users to become part of the DAO in the early stages, who will have the voting right to decide the eligibility criteria for an airdrop and the token use case. Currently, $ZZ only offers spot trading on zkSync. With the release of zkSync 2.0 and StarkNet, margin trading and perpetual futures will be introduced.