FAQ
Frequently Asked Questions for the airdrop of $ZEX
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Frequently Asked Questions for the airdrop of $ZEX
Last updated
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Yes! Please check out our
You can determine if you are eligible for the airdrop by connecting your wallet address used for trading on Zeta with the eligibility checker at Step by step instructions for checking allocations will also be made clear on the app.
The snapshot was taken on 7th June at 00:00 UTC. All Z-Score acquired after the snapshot and before the eligibility checker, will contribute to your Z-Score and $ZEX reward allocation for the .
Please refer to the for detailed information around the airdrop distribution.
We worked with , a top-tier blockchain data firm who previously worked with Jupiter & Jito, and identified users who created many accounts and or displayed suspicious activity patterns. We won’t be revealing exact methodology here but if you feel this was done incorrectly, please open a ticket on Discord.
All Z-Score that is acquired by a user after snapshot and before the eligibility checker, will contribute to the $ZEX reward allocation for the Genesis Epoch - Please note that a new methodology is being used for Z-Score for Trading Rewards, so your Z-score will be calculated slightly differently to before.
For
7-Day Bonus This bonus is rewarded linearly over the week following TGE. It can be claimed at any time during this 7-day period. The maximum claimable value of the 7-Day Bonus is equal to the sum of all other allocations. Diamond Hand Claim By opting for a Diamond Hand Claim, users can claim in full at TGE and then stake them in one action - this includes the !
Qualification for the
This bonus is rewarded linearly over the week following TGE. It can be claimed at any time during this 7-day period. The maximum claimable value of the 7-Day Bonus is equal to the sum of .
Diamond Hand Claim By opting for a Diamond Hand Claim, users can in full at TGE and then stake them in one action - no need to wait for the 7-Day Bonus! 7-Day Bonus This bonus is unlocked linearly over the week following TGE. It can be claimed at any time during this 7-day period. The maximum claimable value of the 7-Day Bonus is equal to the sum of .
The staking airdrop will be allocated in proportion to a user’s average governance score, gZEX, over the epoch. The longer a user commits to staking their tokens and the more tokens they lock, the larger their gZEX will be. For full details please see
You can determine if you are eligible for the airdrop by connecting your wallet address used for trading on Zeta with the eligibility checker at Instructions will also appear on the app.
A user can see their $ZEX allocation based on their Z-Score by connecting their wallet with the . The final $ZEX allocation is based on their Z-Score, with certain multipliers applied to users that started trading on Zeta earlier, as well as an activity multiplier, rewarding more regular users of the exchange. For full details please see the section.
A user can see the breakdown of their token allocation by various components. For full details, please refer to .
Please and follow the process outlined by the team.
Don’t worry! For users who did not qualify for the $ZEX TGE Airdrop, there are still many rewards available in the future - are live now with 6M $ZEX up for grabs. 52.5% of token supply has been allocated to platform incentives and community treasury funding multi-year Creator and Ambassador Programs. We also have an active Referral Program that for Genesis Epoch will provide 15% in referred fees and 15% in referred Z-Score to you. This means that if you start trading on Zeta Markets now and participate in the Referral or one of the Grant Programs, you may be eligible for rewards as soon as the end of Genesis Epoch.
The checker & claim page are both available at:
The earlier & longer you stake for, as well as the more you stake, the better your staking airdrop will be. The best option to solve for this is to where you can claim all allocations immediately and stake all in one go without needing to wait for the 7d bonus.
will be allocated in proportion to a user’s average governance score, gZEX, over the epoch. The earlier & longer a user commits to staking their tokens and the more tokens they lock, the larger their gZEX will be.
For full details, please refer to
Zeta Markets will roll out trading rewards, grant programs and governance cycles, each lasting 28 days. The Genesis epoch is the first of these, and started once the airdrop snapshot was taken. It started at the snapshot and will end 28 days after TGE. At the end of the Genesis epoch, rewards from trading & any other programs will be rewarded - all from the UI. For full details see here:
For full details, please refer to