Zeta Markets announces token Z unlocking schedule, which will be unlocked when 8% of the initial airdrop TGE distributed to traders
According to news on May 21, Zeta Markets, the derivatives protocol on Solana, announced the unlocking schedule of its token Z. The following unlocking of Z will occur during TGE and the following weeks: 1. Airdrop, 8% of the supply will pass the initial Airdrops are distributed to traders to increase the loyalty of early users. The initial stakers of Z will be eligible to receive additional airdrops (2%), which will be issued in the form of staking Z1Epoch (28 days) after TGE; 2. Incentives, after the snapshot, the platform’s incentives for traders (30 within 90 months %) will start from Epoch 1; 3. Finance: At the same time, community finance (22.5% unlocked in 24 months) will support multi-year growth plans, including liquidity supply and Zeta’s creator and ambassador programs. Additionally, core protocol contributors and investors will have longer lock-in periods. As for incentive unlocking, platform rewards will be exclusively available to traders and distributed based on the Z Points accumulated per Epoch (28 days). Epoch1 begins when the airdrop snapshot is taken, and the unlock rate will gradually decrease.
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.
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