Zeta Markets, a prominent platform for crypto trading, has announced another airdrop. Here in this article, we will take a look at Zeta Markets, their upcoming ZEX token, a step-by-step guide to claim their airdrop, eligibility criteria, launch date, and more.
What is Zeta Markets?
According to their website, Zeta lets you trade all your favorite assets at lightning speed without compromising security. Zeta Markets is positioned as an alternative to centralized financial systems, but with priority to security and privacy. To this date, their trading platform has facilitated over $7B in trading volume while serving more than 100k monthly active users on Solana.
Zeta Markets is a first-of-its-kind Solana DEX Layer 2 that competes with the performance of centralized exchanges, while not compromising the speed, security, and transparency.
The ZEX Token
The $ZEX token is not currently live. Other than tokenomics, we don’t have much information about its use cases. Let us dive into tokenomics.
ZEX Tokenomics
Token Ticker: $ZEX
Total Token Supply: 1,000,000,000
- 62.5% to the community: The largest portion of the $ZEX token supply is reserved for their community.
- 10% will be distributed via airdrop.
- 30% will be reserved for platform incentives, dedicated to traders.
- 22.5% will form the Community Treasury, funding different initiatives & ambassador programs.
- The remaining 37.5% of the $ZEX token supply is set for contributors and investors, subject to a multi-year unlock and vesting schedule.
Airdrop Eligibility Criteria
- You should be 18+
- You shouldn’t be a person or company who is a resident of, located in, or incorporated in the United States of America.
- You shouldn’t use a VPN to mask your physical location and identity.
Step-by-Step Guide to Claim the Token.
- Visit Airdrop Page: Visit the official site of Zeta Markets to find the link to airdrop. Alternatively, you can find the link to airdrop on Zeta Market’s Twitter (X) page. Please verify that you are at the correct link, and beware of fraudulent links!
- Connect Wallet: Agree to terms and conditions, and connect your trading wallet.
- Claim the Tokens: There are two ways to claim the tokens; Immediate Claim and Diamond Hand Claim. Let us get into details:
- Diamond Hand Claim: Those planning to become long-term users of Zeta Markets can use the Diamond Hand Claim. A major upside for this is that you will be qualified for the upcoming Staking Airdrop. Also, you may get access to immediate participation in governance and other incentives as soon as they are implemented. You will get around 100 ZEX tokens through a diamond hand claim, but you have to wait 7 days to access them.
- Immediate Claim: The Immediate Claim allows users to claim their airdrop at any time. Users can claim their allocations in full, immediately from the Token Generation Event. You will receive around 50 ZEX tokens through immediate claim.
- Staking: After claiming the tokens, it is better to stake them all because you will get additional rewards.
Is This Airdrop Trustable?
This airdrop is 100% trustable. Zeta Markets is already a popular venture, trusted by 100K users. Anyway, there are multiple fraudulent ZEX airdrops around. So, make sure that you have visited the official airdrop link of Zeta Markets.
How to Withdraw ZEX Tokens?
When the ZEX Tokens are live, you can convert them through any dApps or wait for them to be listed on centralized exchanges.
Conclusion
Zeta Markets has already secured a name among the crypto communities. The Zeta Project is financially supported by major crypto ventures. Their trading platform is free from slow, glitchy, and costly experiences. Claiming the Zeta Airdrop will make you a part of the Zeta community, where you can easily trade.
Anyway, it is advised to approach this airdrop with caution. More details about Zeta Markets are available in their blog. You should visit them and do your research before trading on their platform. Thanks, good luck.
Read more: How To Claim Bumper (BUMP) Airdrop; Eligibility & Launch Date
