Zeta Confirms Airdrop launch in April: Complete Guide to Maximize Your Allocation
A step-by-step guide to understanding and maximizing your Zeta airdrop eligibility.
- Author: Sheldon Cooper
- Published: February 28, 2024 at 12:25
Zeta, a leading decentralized derivatives exchange (DEX) on the Solana blockchain, has announced its upcoming token launch in April. The project's recent $8.5M Series A funding round led by Jump Capital highlights the significant potential of the upcoming airdrop. This news follows recent airdrop announcements from Drift Protocol and Parcl, making April a promising month for Solana ecosystem participants.
What is Zeta?
Zeta aims to create the ultimate decentralized derivatives trading experience. The platform merges the seamlessness and speed of centralized exchanges with the security and transparency of a public blockchain.
Maximize Your Z-Score and Airdrop Potential
Zeta's "Z-Score" system rewards users ahead of its token launch. The higher your Z-Score, the greater your potential airdrop allocation. Here's how to maximize your score:
- Trading Volume: Both maker and taker orders earn points in Season 2. Focus on increasing your trading activity on the platform.
- Delta-Neutral Strategy: Employ a strategy like shorting on Drift Protocol and simultaneously going long on Zeta to farm Z-Score points without significant market risk.
- Z-Score Promotions: Take advantage of limited-time campaigns, like Zeta's current 1.5x boost running until March 1st.
- Backpack Wallet Boost: Trade on Zeta using Backpack Wallet to receive a 1.1x Z-Score boost throughout Season 2.
- Z-Pass Season 2 Collection: Purchase a Z-Pass NFT on a secondary marketplace to unlock significant Z-Score multipliers based on rarity
Activating Your Z-Pass Benefits
- Burn the NFT: Activate your Z-Score boost by burning your Z-Pass S2 NFT. Use a popular Solana wallet or Zeta's trading interface for this process.
- Trade: Your Z-Score multiplier will be applied to all trades during the boost duration (indicated on the card). Benefits start within the hour of burning.
Solana Airdrop Season
Zeta's airdrop announcement adds to the growing momentum of Solana's airdrop season. With more projects lining up to launch their tokens in April, the Solana community has an exciting and potentially rewarding month ahead.