Zeta Markets Launches $ZEX Staking Airdrop, Total Rewards 20 Million!
2024-07-26
Bittime - Zeta Markets announced the official launch of the $ZEX staking airdrop. In this airdrop, 14,836 initial stakers managed to get a share of the total 20 million $ZEX. Read this article to find out more!
Benefits of $ZEX Token
$ZEX tokens are awarded in the form of gZEX, with a lockup period of 3 months. After receiving these tokens, users can manage token distribution on staking page.
Zeta Markets emphasizes that this is just the first step, and they are working hard to enable the benefits of staking, and will continue to update their community on the latest developments.
Airdrop Qualifications and Process
This airdrop will last until September 25 2024 at 18:45 WIB. Total of 13,456 initial pledgers have qualified for the 20 million $ZEX airdrop. After that, $ZEX stakers will begin receiving staking incentives, earning an Annual Percentage Rate (APR) that reflects their gZEX holdings in exchange for long-term dedication.
Zeta Markets Towards DAO
As part of Zeta Markets' evolution towards a Decentralized Autonomous Organization (DAO) structure, $ZEX stakers will have the opportunity to propose, discuss, and vote on future protocol developments. This includes new listings, incentive adjustments, and progress in Solana's innovative Layer 2 implementation, Zeta X.
Meanwhile, Zeta Markets is currently working hard to enable staking benefits and ensure that all stakers have the latest information every step of the way. Activation of these benefits will allow stakers to gain more benefits from their participation in the Zeta Markets ecosystem.
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