Zeta Markets: Will start distributing 8 million ZEX incentives for the Genesis Epoch on July 25.
Sep 12, 2024 04:03:04
ChainCatcher message, Zeta Markets announced on social media that 8% of the token supply has been distributed to 80,000 traders, and an additional 30% (300 million tokens) will be allocated for platform incentives over the next 90 epochs. The 8 million ZEX incentives for the genesis epoch will begin distribution on July 25, and staking ZEX before July 25 will qualify for the staking airdrop (20 million ZEX).
In addition, as part of the platform incentives, 2.7% of the supply has been reserved for professional market makers and algorithmic traders to enhance Zeta's liquidity.
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