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 🧵
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 supply (62.5%) is reserved for our community.
▶️ 10% via airdrop (including 4% set aside for stakers to reward loyalty).
▶️ 30% to platform incentives, fueling a robust & liquid trading environment.
▶️ 22.5% to Community Treasury, funding initiatives including Zeta’s multi-year creator & ambassador programs.
Contributors & Investors
▶️ 37.5% to contributors & investors, subject to a multi-year unlock & vesting schedule.
More details on emissions & vesting schedules to come.
PLATFORM INCENTIVES
Platform incentives will launch immediately after the airdrop. These incentives are reserved for traders and have been designed to foster optimal trading conditions for all users.
STAKING & GOVERNANCE
$Z will be among the pioneers of the vote-escrow model on Solana giving exponentially greater powers to long term stakers. Staking activity will translate into governance power and incentive boosting.
DISCLAIMER
$Z is coming soon, & the snapshot has not been taken yet 📷
More info to come. Read the full version of the $Z Token Whitepaper 👇
https://t.co/9o2cR9ZU2p