ZeroLend Will Conduct Token Generation Event (TGE) ZERO, 15%-17% for Airdrop!

Bittime - Decentralized Finance (DeFi) lending protocolZeroLend announced plans to holda Token Generation Event (TGE) for their native token, ZERO, on May 6, 2024.

ZERO Airdrop for Community

As a form of appreciation to the community, ZeroLend will allocate 15% to 17% of the total supply of ZERO tokens for the airdrop program. This allocation is divided into two parts, namely:

• 5% for Zero Gravity Points Participants: Users who participate in the Zero Gravity Points program have the opportunity to get a share of this airdrop allocation.
• 10% to 12% in the form of earlyZERO (Pre-Mine ZERO): This share will be distributed in the form of earlyZERO, which has a 1:1 exchange ratio with later ZERO tokens.

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Vesting Mechanism for Community Airdrops

Both Zero Gravity Points and earlyZERO allocations will have the same vesting mechanism:

• 40% upfront: Airdrop recipients will immediately receive 40% of their total allocation.
• 3 month cliff: After this initial period, there will be a 3 month cliff period during which the distribution of tokens will be allocated.
• 3 month linear release period: After passing the cliff period, the remaining token allocation (60%) will be distributed gradually over a period of 3 months.

How to Get ZERO Airdrop

For those of you who are interested in getting ZERO tokens via airdrop, here are several steps you can take:

1. Join and Verify on ZeroLend Discord: Visit the official Zeroland website and join the official ZeroLend Discord server. After that, verify to get the initial 100 Zero Gravity Points.
2. Supply Assets on ZeroLend: By supplying crypto assets on the ZeroLend platform, you can not only get yields from these assets, but also have the opportunity to get earlyZERO, Zero Gravity Points, and potential additional rewards from ZeroLend partner projects (if available). A minimum supply of US$100 will get you 1 point per USD every day.
3. Borrow Assets at ZeroLend: Borrowing crypto assets at ZeroLend is said to be the most effective way to get the most airdrop allocations. Apart from earning APY from loans, you can also collect Zero Gravity Points, earlyZERO, and potential additional rewards from ZeroLend partner projects (if available). Every loan worth US$1 will earn 4 points per day.
4. Interact with Partner Projects: Several ZeroLend partner projects offer additional points for stakers of their tokens on the ZeroLend platform. For example, $PYTH token stakers will get 1 point per $PYTH staked, $MANTA token stakers will get 5 points per $MANTA staked, and so on.
5. Maximize Points: Apart from the methods above, you can also maximize your points earnings by supplying $ETH on the Ethereum LRT Market to get 2x the points bonus. You can also refer new users to ZeroLend and get a referral bonus of 20% of the points they get.

Also Read How to Buy Crypto:

Follow Airdrop Developments

To track your acquisition of Zero Gravity Points and earlyZERO, you can visit the official Zeroland website. With this interesting airdrop program, ZeroLend hopes to increase participation and adoption of their platform among crypto users.

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How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

Meaning of Airdrop in the Crypto World

Awaited Free Crypto Airdrop In 2024 

Crypto Airdrop and Guide on How to Get It for Free

DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.