The derivative trading protocol ZKX on Starknet has recently announced its entry into the third phase of the Starknet DeFi Spring event. Let’s find out how to earn the $STRK airdrop through ZKX during DeFi Spring.
(Prior Summary: Starknet Derivative Trading Protocol ZKX: L2 Deposits Now Available on OG Trade, Pro Trade Exchanges)
(Supplementary Background: Missed the Starknet airdrop? Earn 40 million $STRK with the “DeFi Spring” incentive plan)
This article is a sponsored post written and provided by ZKX. It does not represent the views of DZone, nor is it an investment recommendation, buy or sell advice. Please see the end of the article for the disclaimer.
Welcome to the third phase of the DeFi Spring event, which includes perpetual contracts and options products. We are excited to participate in Starknet’s DeFi Spring event and introduce new users to Starknet while utilizing DeFi Spring to promote ZKX activities.
Previously, the Starknet Foundation collaborated with OpenBlock Labs to launch the DeFi Spring event with the goal of generating more TVL in the ecosystem. As part of this initiative, the Starknet Foundation has allocated 40 million STRK tokens as incentives, which will be distributed to users participating in Starknet projects over a period of 6 to 8 months.
How to earn the $STRK airdrop through ZKX during DeFi Spring
1. Event start date: April 25, 2024
2. Markets: BTC, ETH, SOL, STRK
3. How to earn $STRK: Your allocated $STRK rewards will be calculated based on your trading activity and open interest.
4. $STRK redemption process: $STRK rewards will be calculated at the end of each batch and can be redeemed on app.zkx.fi.
Please note that the Starknet Foundation reviews $STRK distribution every two weeks and adjusts it based on performance and market conditions.
5. Reward batch dates:
April 18 to May 2: We are currently in the middle of this batch cycle. Users who join this batch can redeem their rewards on May 2. The rewards for this batch have been accumulating since April 26.
Looking ahead, rewards will follow a bi-weekly batch cycle:
May 2 to May 15
May 16 to May 30
June 13 to June 30
Earn dual-currency rewards through trading on ZKX
ZKX has introduced $STRK incentives, providing users with the opportunity to earn both $STRK and $ZKX token rewards. The goal is to attract new participants to the Starknet ecosystem, increase liquidity, and create value for ZKX traders.
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Sponsored Content Disclaimer: This article is a sponsored promotional piece provided by the contributor. The contributor is not affiliated with DZone, and this article does not represent the views of DZone. This article does not intend to provide any investment, asset, or legal advice and should not be considered as an offer to buy, sell, or hold assets. Any services, programs, or tools mentioned in this sponsored content are for reference only, and the actual content or rules will be determined by the contributor’s publication or explanation. DZone is not responsible for any potential risks or losses and reminds readers to conduct their own careful verification before making any decisions.
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