TechFlow reported that ZetaChain, a Layer 1 blockchain supporting omnichain fund transfers, has announced its token economics. 10% of the total token supply (210,000,000 ZETA) is reserved for ZetaChain community members to earn through development and network contributions.
31,500,000 ZETA in rewards will be allocated to users who earned ZETA points on the ZetaLabs testnet prior to August 20, 2023. These rewards will be distributed on the ZetaHub on the first day of mainnet launch.
A portion of 1.5% ZETA is allocated to key community members who have continuously contributed to ZetaChain's growth and development during the testnet phase. Key contributors include, but are not limited to, ambassadors, maintainers (server mods), and VIPs.
4,800,000 ZETA in rewards are designated for various ecosystem application wallet campaigns, such as OKX Cryptopedia (Season 1 and Season 2), Bitget Wallet, TokenPocket, and XDEFI.
