Zeta Markets Introduces Community-Centric $Z Token Whitepaper

This document details the strategic distribution and use of $Z tokens to boost community engagement and platform growth.

The total supply of $Z tokens is capped at 1 billion, with a substantial 62.5% allocated directly to the community.

Zeta Markets’ $Z Token Boosts Community and Platform

This allocation is strategically divided to maximize community involvement and platform loyalty:

• 10% via airdrop: This includes a 4% reserve specifically for stakers as a reward for their loyalty.
• 30% for platform incentives: These tokens are aimed at creating a robust and liquid trading environment.
• 22.5% to the Community Treasury: These funds are earmarked for various initiatives. Including Zeta’s ambitious multi-year creator and ambassador programs.

Announcing the $Z token Whitepaper

Deep dive into the distribution & utility of $Z, powering the fastest perps DEX & soon the first Layer 2 on @solana.

Link at the end. 👇

DISTRIBUTION

The total supply of $Z is 1,000,000,000 tokens.

Community

The largest portion of the… pic.twitter.com/cwaajuaxuR

— Zeta Markets | v2 Live 🔥 (@ZetaMarkets) April 18, 2024

The platform allocates 37.5% of the total supply to contributors and investors, adhering to a multi-year unlock and vesting schedule. This structured distribution rewards contributors and aligns their interests with the platform’s long-term success.

More About Zeta Markets

Future updates will provide further details on emissions and specific vesting schedules, indicating a transparent approach to token management and distribution. Following the airdrop, the platform will immediately commence incentives.

An innovative aspect of the $Z token is its role in staking and governance. It will pioneer the vote-escrow model on Solana, granting significant power to long-term stakers. This model allows stakers to gain significant governance capabilities, making them key stakeholders in the decision-making process.

1/ DeFi done well is DeFi done fast ✨

That's why we work with teams like @ZetaMarkets ⚡

With the launch of $Z around the corner, let's take a look at what Zeta's been cooking up

pic.twitter.com/flLQpADfoC

— deBridge (@deBridgeFinance) April 17, 2024

This governance structure empowers users, providing them with a stake in both the financial and operational aspects of the platform. As such, $Z token holders are not just investors or users but also governors who play a pivotal role in the ecosystem.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.