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Zetachain Announces First Airdrop of XP, Will Distribute 10 million ZETA Rewards

On June 13th, the full-chain abstract L1 Zetachain announced the first round of XP airdrops, which will allocate 10 million ZETA rewards. Any team that deploys active contracts on the Zetachain mainnet and has active users can submit ZETA reward RFP proposals before 08:00 on July 1st Beijing time. This airdrop focuses on the first batch of XP users who snapshot on May 1st. About 419,000 users are eligible, and these users have at least 200,000 XP. Zetachain said that projects should allocate at least 95% of tokens to users when creating proposals, and the development team can keep up to 5% for operating costs or future user growth plans. Projects can determine reward mechanisms such as first-come, first-served, proportional distribution, etc.