PANews reported on June 20 that Zeta Markets announced that the airdrop query function of the ZEX token is now open, and users can view their $ZEX allocation in this airdrop by connecting to the Solana wallet. The snapshot date of this airdrop is 00:00 UTC on June 7. The first batch of airdrops accounts for 8% of the total supply of ZEX, of which 7% is allocated based on the total Z score of users at the time of the snapshot, and the remaining 1% is allocated to users who participate in community partner activities.
The airdrop will begin at the Token Generation Event (TGE) and will be unlocked gradually over the following 7 days. Early ZEX stakers will also be eligible to receive an additional 2% of the ZEX supply as a staking airdrop reward, which will be distributed in the form of gZEX within 28 days after the TGE date. In the future, 30% of the ZEX supply will be used for continuous trading incentives every cycle (every 28 days), and the rewards will be distributed based on the Z score accumulated by each trader after the snapshot.
