Zetachain announces the first round of XP airdrops, distributing 10 million ZETA rewards

Zetachain, a full-chain abstraction L1, announced the first round of XP airdrop, distributing 10 million ZETA rewards. Any team that deploys active contracts on the Zetachain mainnet and has active users can submit a ZETA reward RFP proposal before 08:00 on July 1st (Beijing time). This airdrop focuses on the first batch of XP users who took a snapshot on May 1st, with approximately 419,000 eligible users who own at least 200,000 XP. Zetachain stated that at least 95% of the tokens should be distributed to users when creating proposals, and the development team can retain up to 5% for operating costs or future user growth plans. The project can determine reward mechanisms such as first-come, first-served and proportional distribution.