While airdrop news has been coming frequently in recent days, another news came from DEX Zeta Markets based in Solana (SOL).
Accordingly, Solana-based DEX Zeta Markets launched its own ZEX token and opened airdrop requests.
According to the statement, 100 million ZEX tokens, which constitute 10% of the total supply of 1 billion, will be distributed via airdrop.
Stating that the ZEX airdrop was made to both reward the first users and encourage long-term participation in the protocol, the Zeta Markets team explained the details about the airdrop:
“Of the 100 million ZEX tokens, 8% are reserved for Zeta investors in Phase 1. Early stakers will be eligible for the remaining 2% as part of the Phase 2 airdrop, which will be distributed 28 days after today's distribution.
Eligible users have 90 days to request their airdrop allocations.”
“At Zeta Markets, our goal is to create the ultimate trading exchange by blending the same level of speed and convenience as centralized platforms with the transparency and security of DeFi,” Zeta Markets founder Tristan Frizza said in a statement. “This is a crucial step in this journey, driving long-term growth in the protocol by strategically aligning it.” said.
*This is not investment advice.