💱Trading Rewards Program

Earn $ZEX by trading on Zeta

Zeta’s trading rewards program aims to incentivize trading on the protocol to stimulate platform growth. The rewards are distributed in the form of $ZEX token. They are distributed to the traders based on their total epoch Z-Scores at the end of each epoch.

Z-Score

Z-Score is the scoring system used to determine trading rewards allocation on Zeta. Users can earn Z-Score by trading on Zeta. Z-Scores are updated in real-time as trades take place.

The Z-Score earned from a trade is calculated as follows:

zscore = (\sum_{a}m_a)\times f \times 1000

where

f=makerFeesPaid+takerFeesPaid

f represents the trading fees paid, m refers to any active boosts or multipliers such as a referral bonus, and a refers to the active boosts. Note that all boosts and multipliers are applied to the fees paid, making them additive.

Epoch Schedules

Rewards are distributed to traders based on their total Z-Scores earned in epochs. Each epoch (except the Genesis Epoch) lasts 28 days. Epochs start at 10:00:00 UTC of the starting date, and ends at 09:59:59 UTC on the 28th day.

The $ZEX rewards pool for each epoch will be announced before the epoch begins.

Reward Distribution Formula

In each epoch, traders’ rewards will be calculated as follows:

where R is the total rewards pool allocated for the epoch in $ZEX, and r refers to the rewards allocated to a specific trader.

Traders will not be able to see their rewards before an epoch concludes. As rewards are in the form of $ZEX tokens, traders will be able to claim them in full, once it is available for claiming.

Rewards are calculated once the epoch ends. After which, a small window of time (1-2 days) may be required to finalize the rewards, before it becomes available for claiming.

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Last updated 14 days ago

Epoch

Starting Date

Remark