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We're excited to bring you the latest scoop on ZetaChain (ZETA), the blockchain platform that's redefining interoperability across the crypto ecosystem. Be sure to follow Bitrue's Official Twitter and Telegram to stay updated!
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Introduction
ZetaChain has been making significant strides in its mission to offer a universal, simple, and useful platform across various blockchains. The project focuses on decentralization and the growth of its omnichain network, underpinned by the ZETA token. This article delves into the utility of the ZETA token, the allocation of community rewards, and what these developments mean for ZetaChain's future.
Token Distribution and Community Incentives
With a total supply of 2.1 billion ZETA tokens, ZetaChain has thoughtfully allocated these resources to ensure the longevity and growth of the network:
- User Growth Pool: 10% (210,000,000 ZETA)
- Ecosystem Growth Fund: 12% (252,000,000 ZETA)
- Validator Incentives: 10% (210,000,000 ZETA)
- Liquidity Incentives: 5.5% (115,500,000 ZETA)
- Protocol Treasury: 24% (504,000,000 ZETA)
- Core Contributors: 22.5% (472,500,000 ZETA)
- Purchasers and Advisors: 16% (336,000,000 ZETA)
This strategic allocation demonstrates ZetaChain's commitment to its users and the broader ecosystem.
Reward Programs and Eligibility
As part of their dedication to community growth, ZetaChain has reserved a significant portion of ZETA tokens for reward programs:
- ZETA Points earners in ZetaLabs snapshot: 1.5%
- Participants in Quest Campaigns: 2.5%
- Mainnet users: 6%
These rewards are set to roll out following the mainnet launch and will be distributed to those who have contributed to ZetaChain's development from its inception, participated in wallet and social campaigns, and engaged with the network as mainnet users.
Mainnet Launch and Future Plans
The launch of the ZetaChain mainnet marks a major milestone in their roadmap. Post-launch, the network will open its doors to a plethora of core features, and ZetaHub will provide an interface for users to explore apps and track network usage. A special XP program will kickstart the mainnet experience, rewarding users based on their on-chain activity.
Conclusion
ZetaChain's innovative approach to blockchain interoperability and its focus on community engagement positions it as a forerunner in the industry. With a well-planned token distribution and robust reward programs, ZetaChain is poised to achieve its mission of global blockchain accessibility and utility.
Official Website & Social Media
Website: https://www.zetachain.com/
Twitter: https://twitter.com/zetablockchain
Docs: https://www.zetachain.com/docs/