Airdrop Details
| Information |
Details |
| Airdrop Type |
Retroactive |
| Total Airdrop Amount |
10 million $ZEX tokens (1% of total supply) |
| Number of Eligible Users |
Not Known |
| Number of Claimants |
Not Known |
Timeline
| Event |
Date |
| Blockchain Snapshot |
June 7, 2024, 00:00 UTC |
| Claiming Started |
June 27, 2024 |
| Claiming Ends |
Not Known |
Token Distribution
| Distribution |
Amount |
| Maximum |
Not Known |
| Median/Average |
Not Known |
| Minimum |
Not Known |
Airdrop Principles
The $ZEX airdrop is designed to reward genuine users of the protocol, with additional incentives for those who demonstrate a long-term commitment.
- Z-Score Mechanism: Trading activity is measured via Z-Score, which forms the foundation of base incentives.
- Fair Adjustments: OG and Season 1 Boosts, minimum/maximum criteria, and platform activity requirements ensure sybil resistance and prevent professional farmers from gaining disproportionate rewards.
Airdrop Bonuses
Two additional mechanisms are in place to reward long-term commitment to the Zeta Protocol:
-
7-Day Bonus:
- Unlocks a portion of the user’s allocation linearly over seven days.
- Encourages patience and long-term participation.
-
Staking Airdrop:
- Rewards $ZEX stakers for their commitment to protocol governance.
Trading Rewards
- The snapshot for the initial airdrop of $ZEX was taken on June 7, 2024, at 00:00 UTC.
- All Z-Score earned since the snapshot contributes to Epoch 1 of the Trading Rewards Program.
- 8 million $ZEX in rewards are available for traders participating in this program.
| Community |
Allocation (%) |
Tokens Allocated |
| Jupiter |
0.3% |
3,000,000 |
| Pyth |
0.2% |
2,000,000 |
| deBridge |
0.08% |
800,000 |
| Mad Lads |
0.08% |
800,000 |
| Tensorians |
0.08% |
800,000 |
| AssetDash |
0.05% |
500,000 |
| Superteam |
0.01% |
100,000 |
Bonus Allocation
| Rank |
Community Bonus |
Tokens Allocated |
| #1 |
Top Community |
1,000,000 |
| #2 |
Second Community |
670,000 |
| #3 |
Third Community |
330,000 |
To qualify for the $Z airdrop, users must meet the following criteria per community:
| Community |
Eligibility Requirement |
| Jupiter |
Staked a minimum of 100 JUP (Jupiter tokens) |
| Pyth |
Staked a minimum of 1000 PYTH (Pyth tokens) |
| deBridge |
Bridged at least 5 transactions to Solana |
| Mad Lads |
Mad Lads NFT holder |
| Tensorians |
Tensorians NFT holder |
| AssetDash |
AssetDash Elements NFT holder |
| Superteam |
Top 500 on Superteam reputation dashboard |
Important Links
- Total Supply: 1 billion $ZEX tokens.
- Airdrop Allocation:
- 8% of the supply is allocated to traders via the initial airdrop.
- 7% (70 million $ZEX) is distributed based on Z-Score through Trading Rewards.
- 1% (10 million $ZEX) is reserved for community-based allocations:
- 0.8% distributed to strategic Solana communities.
- 0.2% as a bonus allocation for the top 3 communities.
- Airdrop rewards are distributed based on Z-Score, which measures trading activity on Zeta Markets.
- 1% (10 million tokens) is allocated to the community airdrop:
- 0.8% (8 million tokens) is distributed proportionally to traders based on Z-Score within each community.
- 0.2% (2 million tokens) is awarded as a bonus to the top 3 communities:
- 1M $Z for the #1 community.
- 670k $Z for the #2 community.
- 330k $Z for the #3 community.
