Zetachain Announces Airdrop for Users

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Announcement of Zetachain Airdrop

According to the announcement on ZetaChain’s blog, a total of 31.5 million ZETA has been distributed to over 800,000 different wallet addresses. The project conducted a snapshot on August 20, 2023. To be eligible for the airdrop, recipients need to have accumulated at least 50,000 ZetaPoints.

Airdrop claim eligibility is live in ZetaHub! Anyone can now enter Phase Z-1 to get ready for the launch of ZetaChain. https://t.co/gr8AJAP1Gb

— ZetaChain (@zetablockchain) January 22, 2024

To check the airdrop, users can visit this link: ZetaHub (zetachain.com).

Upon connecting their wallet on the ZetaChain website, users will see the amount of ZETA credited to their wallet. However, users won’t be able to claim these tokens until the project launches its mainnet. The project also cautioned the community to be wary of potential scams related to the airdrop event.

Introduction to Zetachain

Zetachain is a Layer 1 blockchain built on the Cosmos SDK platform and features a structure similar to LayerZero. It is designed to connect various blockchains such as Ethereum, BNB Chain, Polygon, etc. Through the Omnichain mechanism, developers can create decentralized applications (DApps) similar to those on Ethereum or Polygon.

During the testnet phase, ZetaChain introduced the ZetaPoint reward program for users completing specific tasks. ZetaPoint serves as the basis for recording user contributions on the ZetaChain testnet and is also the unit for airdrop tokens when the mainnet is deployed.

For instance, each user transaction will be counted as 250 Points. The Points corresponding to each user’s daily transactions amount to 1,000 Points. Additionally, users will receive 5,000 Points when they refer new users through an invitation link. If users identify vulnerabilities in the testnet, they can receive at least 10,000 Points, depending on the severity of the vulnerability.