In the cryptocurrency industry, airdrops are not only a way for projects to reward early supporters but also an important channel for investors to acquire potential assets. Recently, the ZK (Zero-Knowledge Proof) infrastructure project ZEROBASE’s token ZBT has attracted widespread attention, and its airdrop was automatically distributed on October 17, covering over 150,000 addresses.
As a user of the Gate exchange, you not only have the opportunity to participate in the subsequent ecological construction of ZBT but also to leverage the unique advantages of the Gate platform for efficient trading. This article will delve into the details of the ZBT Airdrop, the project background, and practical strategies for trading ZBT on Gate.
01 Project Overview: The Technical Strength and Financing Background of ZEROBASE
ZEROBASE is not a project that appeared out of nowhere; it originated from the Salus Security cryptography team, which previously undertook cryptographic work for the Ethereum Foundation’s cryptography team. In order to serve more projects with proven acceleration needs, Salus expanded it into an independent project - ZEROBASE.
This is a real-time ZK proof acceleration network designed for speed, decentralization, and compliance.
Strong capital endorsement
In 2024, ZEROBASE announced the completion of a $5 million financing round, with investors including top institutions such as Binance Labs, FactionVC, and DAO5, which is particularly noteworthy against the backdrop of a crowded ZK space and increasingly cautious venture capital.
Innovative technical architecture
Unlike many competitors, ZEROBASE adopts an innovative distributed architecture, dividing nodes into multiple subsets, each managed by an independent Hub. This design effectively avoids single points of failure and significantly enhances the system’s fault tolerance and scalability.
In terms of performance, ZEROBASE achieves an efficiency of approximately 120 milliseconds for every million Circom proof constraints, with the overall network capable of generating ZK proofs within 400 milliseconds and a consensus time of less than 1 second. This high-speed proof capability enables it to support application scenarios with very high real-time requirements.
02 Airdrop Detailed Explanation: ZBT Distribution Data and Claim Status
Airdrop distribution data
According to official news, the ZBT Airdrop was automatically distributed to all eligible users on October 17, without the need for manual collection or payment of Gas fees. The specific distribution data is as follows:
- Ethereum network: 19,540,974.3 ZBT were distributed to 17,043 addresses holding ≥10 ZBT
- BNB Smart Chain: Distributed 459,025.6988 ZBT to 133,538 addresses holding less than 10 ZBT.
This dual-chain distribution strategy not only ensures the asset security of large holders but also saves Gas fees for small holders, reflecting the project team’s attention to detail.
Token economic model
The total supply of ZBT Token is 100 billion coins, with the specific allocation as follows:
- Team and Advisors: 20% (20 billion ZBT)
- Investors: 11.25% (1.125 billion ZBT)
- Liquidity: 2% (200 million ZBT)
- Ecological Fund: 15% (1.5 billion ZBT)
- Airdrop and early mining: 8% (8 billion ZBT)
- Node Staking: 43.75% (4.375 billion ZBT)
The allocation scheme shows that node staking accounts for the largest proportion, which reflects the project’s emphasis on network security and community involvement.
03 ZBT market performance and Gate platform advantages
Price trends and market data
As of October 20, the price of ZBT is $0.3328, having dropped 5.81% in the past 24 hours. Its market capitalization is $62.8 million, ranking 667th among cryptocurrencies.
In terms of price range, ZBT has traded between $0.326 and $0.394 in the past 24 hours, while its price range over the last 30 days has been between $0.326 and $1.03. This volatility provides potential opportunities for traders.
The trading advantages of the Gate platform
As one of the important exchanges for the launch of ZBT, Gate provides users with an excellent trading environment:
- Sufficient liquidity: Gate is one of the main platforms for ZBT trading, and sufficient liquidity means that users can obtain better prices and lower slippage.
- Exclusive Trading Tools: Gate provides exclusive tools such as "Intraday Trading Volume + Depth Chart" to help users capture capital entry signals and identify support levels.
- Zero transaction fee promotion: To celebrate the launch of ZBT, multiple exchanges have introduced zero trading fee promotions, reducing the trading costs for users.
Gate Alpha Airdrop value
For Gate users, there is another positive news: The 74th Gate Alpha ZBT Airdrop has reached a value of 260 USD. This provides additional rewards for users participating in the Gate ecosystem.
04 The application scenarios and ecological layout of ZEROBASE
The technical application scope of ZEROBASE is very broad, in summary, it is zk+everything. The currently implemented application scenarios include multiple fields:
ZEROBASE Staking
The core of this scenario is to generate direct benefits for users. By using the verification program to call the exchange account API to generate zero-knowledge proofs, it ensures that the arbitrage strategy does not use high leverage, does not allocate excessive funds in the same coin, and has a fully hedged position.
zkLogin
Users can verify their blockchain accounts using their Google or Facebook login information without worrying about privacy breaches. This technology is already supported by StarkNet and is partnered with TOMO Wallet to provide users with a simpler and safer experience.
zkDarkPool
In the DeFi space, zkDarkPool enhances the privacy of users’ large transactions, avoiding market manipulation and bot sniping, especially strengthening the protection of small coins.
Social Welfare Application
Impressively, ZEROBASE also focuses on vulnerable groups. It has helped low-income individuals in Arizona, USA, develop a privacy credit scoring system that allows them to verify work records using zero-knowledge proofs, generating trustworthy scores.
This allows those without a FICO credit score to find jobs, breaking the vicious cycle of "no credit - unable to rent - no address - unable to work."
05 Privacy and Compliance: Verifiable Partial Decryption Commitment
Privacy projects often face regulatory pressure, and ZEROBASE achieves a clever combination of privacy protection and compliance through its verifiable partial decryption commitment technology.
The core mechanism of this technology is to keep users’ data fully encrypted under normal conditions, allowing authorized trusted institutions to partially decrypt the data only when specific conditions are met.
ZEROBASE’s CEO Mirror Tang is also a professor of cryptography at Shanghai Jiao Tong University. He vividly compared it to: "We are like making a ‘privacy safe’, where important things can only be taken out at critical moments, through the correct ‘key’."
This mechanism allows ZEROBASE to meet the requirements of privacy protection and legal compliance simultaneously, making it suitable for complex scenarios such as financial lending, tax auditing, and asset liquidation.
06 Practical Strategies for Trading ZBT on the Gate Platform
For users trading ZBT on the Gate platform, the following strategies can help you avoid common pitfalls:
Pay attention to the "Gate exclusive volume signal"
The K-line across the entire network can only show trends, while the "intraday trading volume + depth chart" on the Gate platform is the key to entering the market. When analyzing, you can focus on two points:
- Is the buy transaction volume on Gate suddenly more than 1.5 times the sell volume during a certain period? This is a signal of funds entering the market.
- In the depth chart, if the buy orders from buy three to buy five are dense, it indicates support and is not容易破位.
Use the "layered take-profit method" to manage risks
In Gate trading, to avoid the method of panicking and selling after making a small profit or holding too long and losing it back, you can use a three-tier take profit strategy:
- The first level is set at 5%, and when reached, sell 20% of the position.
- The second level is set at 10%, selling 30% of the position.
- Set the remaining 50% position to "dynamic take profit"—for example, use Gate’s "take profit and stop loss" function to set the stop loss line at a profit of 5%.
"Liquidity Screening" for small market cap coins
When trading relatively novel tokens like ZBT on the Gate platform, liquidity screening is crucial:
- Check the "24-hour turnover rate" of ZBT on the Gate platform, and avoid it if it’s below 5%.
- Pay attention to the "maximum single transaction volume". If the maximum single transaction can only be 1000U, it indicates that the market is too small and can be easily manipulated.
Future Outlook
ZK proof networks, as a key component of blockchain infrastructure, are becoming a core pillar of the next generation of Web3 applications. ZEROBASE’s technical strength and ecological layout in this field make it stand out among numerous competitors.
With the launch of ZBT on mainstream exchanges like Gate, ordinary investors finally have the opportunity to participate in this cutting-edge ZK infrastructure project. For investors optimistic about the future of privacy computing and blockchain infrastructure, ZBT is undoubtedly an asset worth paying attention to.
