Solana-Based Zeta Markets Debuts Governance Token Z
Summary
Zeta Markets, a top decentralized derivatives platform on Solana, launched its native token Z for community governance. The token will have a total supply of 1 billion, with 10% initially distributed through an airdrop to active traders, stakers, and strategic Solana community members. Additionally, 30% of the token supply will incentivize market makers. The launch aligns with Zeta's vision to make decentralized finance a viable alternative to centralized systems and includes plans for Solana's first layer 2 scaling solution. Over $21 million worth of cryptocurrencies are currently locked in Zeta Markets.
