On May 21, Zeta Markets, a derivatives protocol on Solana, announced the unlocking schedule for its token Z. Z will be unlocked as follows during TGE and in the following weeks:
1. Airdrops, 8% of the supply will be distributed to traders through initial airdrops to increase the loyalty of early users. Z's initial stakers will be eligible for additional airdrops (2%), which will be issued in the form of staking Z 1 Epoch (28 days) after TGE;
2. Incentives, after the snapshot, the platform's incentives for traders (30% within 90 months) will start from Epoch 1;
3. Finance: At the same time, community finances (22.5% unlocked in 24 months) will support multi-year growth plans, including liquidity supply and Zeta's creator and ambassador programs.
In addition, core protocol contributors and investors will have a longer lock-up period. As for incentive unlocking, platform rewards will be exclusively provided to traders and distributed based on the accumulated Z points per Epoch (28 days). When the airdrop snapshot is taken, Epoch 1 will start, and the unlocking rate will gradually decrease.