ZetaChain Announces Genesis Airdrop Plan: Are There Still Breakthrough Opportunities in the Layer1 Sector?
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ZetaChain Announces Genesis Airdrop Plan: Are There Still Breakthrough Opportunities in the Layer1 Sector?
Do witches get rewards too?
Navigating Web3 tides with focused insightsAuthor: Azuma
On January 23, ZetaChain, a full-stack interoperable Layer 1 network that previously raised $27 million in funding, announced its Genesis airdrop plan.
Under the plan, ZetaChain will distribute 31.5 million ZETA tokens to over 800,000 users and contributors based on their accumulated testnet points (ZETA Points), with the snapshot date set at August 20, 2023.
ZetaChain has now launched an airdrop eligibility checking page on ZetaHub. The team also stated in the announcement that this testnet-based airdrop is just the beginning. As ZetaChain continues advancing toward mainnet launch and beyond, additional products and initiatives will be rolled out to encourage mainnet adoption—hinting at potential future airdrops.
Basic Reward Guidelines
According to the airdrop plan, interaction points and referral points will be calculated separately to reward different types of contributions. The specific rules are as follows:
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Users with more than 50,000 points will qualify for base rewards based on either interaction or referral points. Rewards will not be distributed proportionally according to exact point totals; instead, tiered levels will be established to prevent a small number of users from receiving disproportionately large allocations.
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Users with high referral points will receive rewards based on both their total referral points and the point ratio of the invitees.
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Early participants will receive bonus multipliers based on their join date (specific multiplier coefficients detailed below).
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Base rewards will be adjusted based on users’ transaction history across chains connected to ZetaChain (including testnets and mainnets). Users with no transaction records will face reward reductions due to higher Sybil risk (specific coefficients detailed below).
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Different tiers of referrers and interactors can receive base rewards ranging from 50 to 20,000 ZETA, with the two rewards calculated independently.
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Other ZetaLabs users will receive Access Pack items granting access to the ZetaChain 1.0 mainnet. ZetaChain stated that the ZETA allocation for these users will be announced at the time of airdrop launch, but it will be smaller in scale than the Genesis airdrop, aiming to allow as many participants as possible to try ZetaChain.
Based on varying contribution values, ZetaChain will assign different role badges such as Zeta Explorer, Zeta Jetsetter, Zeta Pilot, Zeta Trailblazer, Zeta Racer, Zeta Boss, and Zeta Cosmopolitans to all eligible recipients. Users can already check their badges and tier status on ZetaHub.
Adjustment Coefficients
As mentioned earlier, beyond base rewards, ZetaChain will fine-tune final ZETA reward amounts based on transaction type, Sybil probability, participation timing, and other factors. The detailed scheme is as follows:
Transaction Type: Addresses that have conducted mainnet transactions on chains connected to ZetaChain (Ethereum, BNB Chain, Polygon) will receive a 10% bonus on top of base rewards. However, if interactions occurred only on testnets of these chains, base rewards will be reduced by 50%. ZetaChain stated this is to acknowledge contributions while distinguishing them from actual mainnet usage.
Sybil Risk: Users with no transaction history across any of the chains connected to ZetaChain will receive only 10% of their base reward.
Timing Factor: Final reward amounts vary depending on the user’s first joining date with ZetaLabs.
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Users who joined between August 1, 2022, and November 17, 2022, receive a 25% bonus;
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Users who joined between November 18, 2022, and February 15, 2023, receive a 10% bonus;
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Users who joined between February 15, 2023, and April 5, 2023, receive a 5% bonus;
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Users who joined between April 5, 2023, and June 20, 2023, receive a 2.5% bonus.
Do Sybils Get Rewarded Too?
To ensure legitimate users' rewards are not compromised, ZetaChain has partnered with SocialScan and conducted Sybil detection based on address interaction patterns, ultimately filtering out over 300,000 potential Sybil addresses that exhibited nearly identical behavioral patterns across various verticals and networks.
However, ZetaChain noted that it will still reward some top-scoring addresses within identified Sybil clusters. The team clarified this does not imply endorsement of Sybil attacks, but rather acknowledges that even Sybil addresses contributed to stress-testing the ZetaChain testnet, helping improve network stability. This move reflects ZetaChain’s broader principle of rewarding any form of contribution within its decentralized community.
A Unique Approach to Layer 1
At a time when new chains are competing fiercely on performance and cost through innovations like data availability layer separation and parallel processing, ZetaChain—with its focus on full-chain interoperability—stands out in the Layer 1 landscape.
While most Layer 1 projects aim to break through foundational scalability limits, ZetaChain focuses on connecting increasingly capable but isolated blockchain islands. ZetaChain aims to eliminate reliance on bridges for cross-chain interactions by enabling trustless fund transfers and message passing across chains via native omnichain smart contracts.
In the vision described by the team, ZetaChain seeks to abstract the concept of “blockchains” entirely, allowing developers to build omnichain dApps (Omni-Dapps) spanning multiple chains, enabling users to perform complex cross-chain operations seamlessly through a single platform without needing to be aware of underlying chain switches.
Native cross-chain Layer 1s are not a new narrative in crypto. But as major ecosystems mature, whether ZetaChain can align with market demand in this new cycle may well determine the trajectory of its long-term success.
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