MAD LsTrr (ζ, ζ)

1/ We’re thrilled to unveil the Litepaper for Zeta X (ZX), introducing the first-ever DeFi Layer 2 on @solana. ZX is crafted to scale and redefine decentralized trading, matching CEX-like performance, yet on-chain. Powered by $Z. 🧵

We’re excited to share updates about $Z, including release schedule, incentive emissions & vision. There's been considerable discussion about token launches within the Solana ecosystem & beyond. $Z's tokenomics have been designed for the long term. Here’s what sets us apart 🧵

There are just over 24 hours left in our Community Airdrop campaign! Truly outstanding support from all of our partner communities with over $500M in trading volume and 20k+ traders! 🤯💜 @JupiterExchange, @PythNetwork & @deBridgeFinance are still leading the way for the bonus allocations - can anyone stop them? 🚨VIP Reminder 🚨 Please make sure you are eligible for the community you’ve been trading in! Eligibility will be checked at the end of the competition so you still have (some!) time. If in doubt, come to Discord🤝 LFZ 🫡

1/ Announcing Zeta Market’s new $5M Strategic Round led by @ElectricCapital, bringing our total capital raised to $13.5M. The funding will fuel the development of the first DeFi L2 on @solana, advancing our mission to craft the ultimate one-stop trading platform.

A @solana cultural poem 💜

1/ Announcing the Zeta Community Airdrop 🪂 We’ve allocated 1% of $Z supply (10M) to our closest supporters & communities on @Solana @JupiterExchange @PythNetwork @deBridgeFinance @MadLads @tensor_hq @assetdash @SuperteamDAO Read on for full details, including eligibility criteria 👇

Tomorrow 👐

Zeta fam keeps growing! +100k members here on X 💜 Big thanks to all the legends shaping the future of on-chain perps trading with us. CEX efficiency, decentralization perks, no compromises. Together, we're making it possible. LFZ! 🚀

Community Town Hall #2 Join us tomorrow for a live AMA session featuring our founders @Tristan0x @PDAnimol and core contributors @imranfaststart @tombodelsol We'll dive deep into the $Z airdrop and tokenomics, Z-Score, what's next and answer your burning questions 🗓️ Apr 30, 12:00pm UTC 📍 Discord - Live AMA Join our Discord here 👇 discord.gg/SacGBFKNzQ See you all there. LFZ! 🫡

We hear you, we’re taking action. Following the $Z Token announcement, our community has actively shared views on the proposed airdrop allocations. From day one, we've consistently listened to our community, as it's the only way to build a great product that is genuinely loved. This feedback helps us continue to shape Zeta into a world class DEX with a passionate trading community. Addressing the main points raised, we’ve refined the $Z token airdrop to better align the interests of the community: INITIAL AIRDROP vs. AIRDROP FOR STAKERS 10% of the $Z token supply will be distributed via airdrop. The initial airdrop has been increased to 8% of the supply (up from 6%) and it’s exclusively reserved for our traders: - 7% will be allocated to traders based on Z-Score (up from 5%); no market makers included in this distribution. - 1% will be allocated to traders who are also members of strategic Solana communities based on Z-Score. More details on this distribution will be shared shortly. This means that no one is receiving $Z without active trading on Zeta. - Following the token launch, 2% of the supply (down from 4%) will be reserved for stakers of $Z as reward for their long-term commitment to the protocol. This portion will be distributed in the form of staked $Z 28 days (i.e., one epoch) after TGE, and are in addition to staking rewards which come from the 30% community portion. The intention here is to further reward traders who stake their initial airdrop. OGs & SEASON 1 TRADERS Our earliest supporters have been critical to the success of Zeta and will be rewarded accordingly: OGs (pre-Season 1) & Season 1 traders will receive loyalty boosts, with OGs enjoying the larger boost. TGE The official date for TGE is still in the works. Although we've had to make slight adjustments to the timeline, significant progress is being made behind the scenes to ensure a successful launch. This is a large, consolidated effort involving token engineering, security, exchange listings and token liquidity to make the $Z launch a success. We truly appreciate your patience and support, and we're fully committed to making it happen as soon as possible. NEXT STEPS - On Tue, Apr 30th, at 12:00 UTC we will be hosting an AMA with two of our founders @Tristan0x @PDAnimol on our Discord. We’ll delve into every detail and answer any questions that come up. - The $Z Whitepaper will be updated with full details about the airdrop, loyalty boost mechanism and staking. $Z has been designed to empower our community, allowing everyone to actively shape the future of Zeta as we strive to deliver the ultimate perps trading experience, only possible on Solana. As we progress towards the token launch, we'll continue to listen closely to our community and share regular updates through our official channels, ensuring open dialogue and transparency. Thank you for being part of this incredible journey. 💜