This document details the strategic distribution and use of $Z tokens to boost community engagement and platform growth.
The total supply of $Z tokens is capped at 1 billion, with a substantial 62.5% allocated directly to the community.
Zeta Markets’ $Z Token Boosts Community and Platform
This allocation is strategically divided to maximize community involvement and platform loyalty:
- 10% via airdrop: This includes a 4% reserve specifically for stakers as a reward for their loyalty.
- 30% for platform incentives: These tokens are aimed at creating a robust and liquid trading environment.
- 22.5% to the Community Treasury: These funds are earmarked for various initiatives. Including Zeta’s ambitious multi-year creator and ambassador programs.
Announcing the $Z token Whitepaper
Deep dive into the distribution & utility of $Z, powering the fastest perps DEX & soon the first Layer 2 on @solana.
Link at the end. 👇
DISTRIBUTION
The total supply of $Z is 1,000,000,000 tokens.
Community
The largest portion of the… pic.twitter.com/cwaajuaxuR
— Zeta Markets | v2 Live 🔥 (@ZetaMarkets) April 18, 2024
The platform allocates 37.5% of the total supply to contributors and investors, adhering to a multi-year unlock and vesting schedule. This structured distribution rewards contributors and aligns their interests with the platform’s long-term success.
More About Zeta Markets
Future updates will provide further details on emissions and specific vesting schedules, indicating a transparent approach to token management and distribution. Following the airdrop, the platform will immediately commence incentives.
An innovative aspect of the $Z token is its role in staking and governance. It will pioneer the vote-escrow model on Solana, granting significant power to long-term stakers. This model allows stakers to gain significant governance capabilities, making them key stakeholders in the decision-making process.
1/ DeFi done well is DeFi done fast ✨
That's why we work with teams like @ZetaMarkets ⚡
With the launch of $Z around the corner, let's take a look at what Zeta's been cooking up 🧵 pic.twitter.com/flLQpADfoC
— deBridge (@deBridgeFinance) April 17, 2024
This governance structure empowers users, providing them with a stake in both the financial and operational aspects of the platform. As such, $Z token holders are not just investors or users but also governors who play a pivotal role in the ecosystem.
Disclaimer
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