Zeta Markets announces Z token economics: total supply of 1 billion tokens, 10% will be used for airdrops

ChainCatcher news, Zeta Markets announced on platform X the upcoming launch of its native token Z, which will be used for governance, staking, and incentives. The total supply of Z is 1 billion, with 10% allocated for airdrops to reward Zeta users and strategic communities on Solana, and another 30% for incentives.

Additionally, the Z-Score second season will continue until the launch of Z, and there is currently no snapshot.

According to reports, Z aims to drive governance and protocol growth for Zeta Markets. Zeta Markets is a perpetual contract trading platform on the Solana chain, with 71,600 active users each month and a trading volume of $4 billion.