Bittime - ZeroLend is excited to announce the opening of ZERO airdrop claims on Linea today, May 6, 2024, at 15:30 (Beijing Time). This exciting news offers early adopters and community members the opportunity to claim their $ZERO tokens.
Claim ZERO Tokens Immediately!
Visit Linea, ZeroLend's exclusive chain partner, at 15:30 WIB today to claim your ZERO tokens. Here's what you can expect:
- Automatic Conversion: Zero Gravity Points accounts and collected earlyZERO tokens will be automatically converted to ZERO and displayed on the rewards page.
- Conversion Value: EarlyZERO tokens convert at a 1:1 ratio.
Source: @zerolandxyz/X
Airdrop Allocation for Community
ZeroLend is committed to its community, allocating 18% of ZERO's total supply for the airdrop. These details ensure rewards for early adopters and active participants:
- 5% Allocation for Zero Gravity Participants: Users who collect points on ZeroLend's native airdrop platform will see their points automatically converted into ZERO tokens.
- 13% Allocation for earlyZERO Holders: Early adopters and liquidity providers who receive earlyZERO tokens can exchange them for ZERO at launch.
Get to know earlyZERO and Zero Gravity Points
- earlyZERO: This non-transferable token is awarded to early adopters and liquidity providers. It functions as a placeholder, exchangeable for ZERO after TGE.
- Zero Gravity Points: Earned on ZeroLend's native airdrop platform, these points are automatically converted to ZERO at launch.
$ZERO: Utility Token and Strong Governance
$ZERO is a Linea ERC-20 token with dual functions in the ZeroLend ecosystem:
- Utilities: $ZERO supports various functions within the platform.
- Governance: Token holders gain voting rights, shaping the future of ZeroLend.
Additionally, $ZERO's ability to be bridged across chains using LayerZero ensures seamless integration.
Other Important Notes
Before claiming your airdrop, also note down several important things that you shouldn't miss. Snapshots for airdrop distribution will be taken close to the Token Generation Event (TGE). Vesting tokens can also be staked to earn additional rewards, further encouraging long-term participation.
Stake ZERO for Additional Benefits
Stake ZERO tokens to unlock various benefits:
- Voting Rights: Influence key decisions in the ZeroLend ecosystem.
- Staking Rewards: Earn additional ZERO tokens for your contributions.
- Potential Future Airdrops: Based on your voting rights, you may be eligible for airdrops from other protocols.
- Staking Bonus: Stake for more than one year and enjoy 5% to 20% bonus!
Community Focused
ZeroLend prioritizes its community by allocating most of the tokens for the airdrop. Additionally, the community vesting schedule offers cliffs and shorter vesting periods compared to private investors, reflecting ZeroLend's commitment to its user base.
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Also read:
ZeroLend Announces Tokenomics ZERO: Balancing Growth and Sustainability
ZeroLend Will Hold Token Generation Event (TGE) ZERO, 15%-17% for Airdrop!
Top 10 DeFi Projects in zkSync Era: New Innovations in the World of Decentralized Finance
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.
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