Zeta Markets announces token Z unlocking schedule, 8% distributed to traders unlocked at initial airdrop TGE
Zeta Markets, a derivative protocol on Solana, announced the unlock schedule for its token Z. The following unlocks will occur during TGE and the subsequent weeks: 1. Airdrop - 8% of the supply will be distributed to traders through an initial airdrop to increase early user loyalty. Initial Z stakers will be eligible for additional airdrops (2%) to be distributed in the form of staking Z for 1 Epoch (28 days) after TGE; 2. Incentives - Platform incentives for traders (30% over 90 months) will begin from Epoch 1 after the snapshot; 3. Treasury - Meanwhile, community treasury (22.5% unlocked over 24 months) will support multi-year growth plans, including liquidity supply and Zeta creator and ambassador programs. Additionally, core protocol contributors and investors will have longer lock-up periods. As for incentive unlocks, platform rewards will be specifically provided to traders and distributed based on accumulated Z points per Epoch (28 days). The unlock rate will gradually decrease starting from Epoch 1 when the airdrop snapshot is taken.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nasdaq Seeks SEC Approval to List Canary HBAR ETF
Tanmay Bhat’s Twitter Hacked, Fake Memecoin Announced
Salesforce Teams Up with Google Cloud in a $2.5B Deal
XRP and Ethereum Show Highly Bullish Signals, Silver-Tongued Analyst Sees ETH ATH at $16,000=

Trending news
MoreCrypto prices
More








