๐ŸŽZ-Loot

To make trading on Zeta both fun and rewarding, we introduce Z-Loot - a chance to multiply your Z-Score as you trade.

How it works

Users have a chance to earn bonus Z-Score upon eligible trades. Eligible trades are defined as:

  • Taker trades - achievable with both limit and market orders, which are applicable to all taker trades across the order form, TP/SL and closing orders.

  • Have a minimum of $100 in trade value.

The bonus reward is determined from a tiered system whereby the lower the chance, the higher the bonus. This is as follows:

  • 1.25x Multiplier: 10% Chance

  • 5x Multiplier: 1% Chance

  • 100x: Multiplier: <0.01% Chance

This bonus multiplier is applied upon the orderโ€™s trade volume and does not stack with active boosts or other ongoing campaign boosts.

After the trade is deemed eligible and is โ€œdrawnโ€ for a bonus, the bonus is applied to that winning trade retroactively.

Example

For example, user A places a taker trade to buy 1 SOL, paying $1.50 net fees and they win a 5x multiplier Z-Loot. The net fees is $1.50 and win a 4x boost, so therefore the additional Z-Score earned is 6000 (1500*4).

FAQ

When does the Z-Loot campaign run till?

This will run till further notice.

Does the multiplier increase my actual position size of the trade as well?

No, the bonus also does not increase position size, but only for Z-Score earned.

How do I know whether I won a Z-Loot on a trade?

You are able to view this in your trade history where all trades that have won a Z-Loot will be tagged with a badge.

Also, the total amount of bonus Z-Score earned from the Z-Loot campaign will update accordingly, which can be found on the campaign tracker on the Z-Score page.

Is there a way to increase my chances of winning Z-Loot?

Conceptually, the more often you trade, the higher chance you have of multiplying your Z-Score!

What happens to the Z-Loot earned post Snapshot?

All Z-Loot earned post snapshot will be credited to your Genesis Epoch Z-Score, based on the new Z-Score mechanism, with the same multiplier factor.

Last updated

#954: TGE

Change request updated