Last week, we shared an article detailing what sets $ZRS apart from other tokens.
A key takeaway was that we launched $ZRS prior to the airdrop. This means that all information about the token is already public, ensuring full transparency. Plus, this early launch allowed us to introduce the token at a low Fully Diluted Valuation (FDV), unlike many other projects in this cycle.
Today, we’re diving into everything you need to know to accumulate zPoints and farm the $ZRS airdrop. With 3.6% of the total supply allocated to the testnet zPoints campaign, this is a prime opportunity to get ahead.
Let's get started!
zPoints Overview
The first step in farming the $ZRS airdrop is to understand the concept of zPoints.
Throughout each season on Zaros, users earn zPoints by completing tasks, which we'll detail in the next sections. At the end of each season, zPoints can be converted into $ZRS. Keep in mind that each season has its own unique points system. For example, zPoints earned in season 1 won't carry over to season 2, and the conversion rates will differ.
Remember, 1 zPoint is NOT equal to 1 $ZRS.
Why Farm the $ZRS Airdrop?
Current market conditions are quite different from what they once were. Many projects fail to reward their community early on, despite the community’s crucial role in the long-term success of the product.
At Zaros, we're taking a completely different approach. Instead of launching a token with a low circulating supply and high FDV, we have launched $ZRS prior to the airdrop, still in the early stages! All the information you need to understand the potential of your rewards is already public and transparent. For more details, read our articles on tokenomics and what makes $ZRS unique.
We’ve allocated 3.6% of the total supply to the testnet zPoints campaign. This is an excellent opportunity for early supporters of the platform. Since we’re still on testnet, it costs $0 to farm.
Additionally, we’ll be one of the first projects to launch on Monad, the parallelized EVM blockchain that has attracted one of the most engaging communities in the industry. By sticking with Zaros and interacting once we launch on Monad testnet and mainnet, you’ll be involved in the early stages of one of the most promising Layer 1 blockchains.
Spoiler alert: We’ll be holding a zPoints season on Monad!
How to farm zPoints?
By visiting the zPoints page in the dApp, you can view the specific tasks to complete and the points you'll earn. As of July 7th, 2024, over 5,000 users are participating in the Alpha Testnet! This is still early compared to many other projects’ points campaigns. Be sure to follow the tips we provide in the next sections of this article!
Currently, most tasks are trading-related, but stay tuned for updates as our team continuously adds new activities! There are also tasks related to the $ZRS token and community engagement. Let's break them down one by one:
ZRS Token
Another way to accumulate zPoints is by holding $ZRS.
For every 5,000 $ZRS tokens you hold, you'll earn 1,000 zPoints per day. You can purchase $ZRS on Balancer or MEXC. Note that only the wallet where you hold $ZRS will count towards zPoints. If you hold it on MEXC, you won’t earn any zPoints.
Providing Liquidity to the $ZRS Pool
If you are holding $ZRS, you have the opportunity to earn zPoints by providing liquidity to the ZRS-WETH pool on Balancer and subsequently depositing it into Aura Finance.
Once you acquire your Balancer Pool Token (BPT), you can stake it on Aura Finance. For every 10 BPTs staked on Aura, you will earn 2,000 zPoints per day.
Trading
To start trading, users need to enter the Zaros dApp and create an account. To do this, go to the account section, connect your wallet, mint USDC and make a deposit. If you don’t have ETH on Arbitrum Sepolia to pay for testnet gas fees, you can use the faucet button to get some, for free.
Once your account is set up, you can navigate to the trading screen and explore the available markets.
Here are the current trading-related tasks to earn zPoints:
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Trade $10,000: Earn 5,000 zPoints (one time)
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Achieve $10,000 in profit: Earn 10,000 zPoints (one time)
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Achieve $50,000 in profit: Earn 50,000 zPoints (one time)
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Achieve $100,000 in profit: Earn 100,000 zPoints (one time)
If you're new to trading, don't worry! We've got plenty of resources to help you learn more, including:
Community Engagement
The fourth way to earn zPoints is through community tasks.
Complete tasks like following Zaros on X, joining our Discord, participating in UGC campaigns, and much more! These tasks are primarily hosted on Galxe and Tide.
Also, enable notifications on X, as we occasionally drop zPoints Keys there, allowing you to earn free zPoints by entering secret characters. If you’re lucky enough to find one, go to the Badge space in the zPoints section to enter the secret key!
You can find all community tasks in the Badge space within the zPoints section of the dApp. Additionally, we have just released a detailed, step-by-step guide on how to contribute to Zaros. Be sure to read through it and apply your skills to earn more rewards!
Trading League Competition
We’ve just discussed ways that you can earn zPoints. Now, we’re going to talk about the Trading League Competition, which is the best way for participants in any season to significantly boost their zPoints.
The competition is based on an Elo ranking system, where participants are ranked based on their Profit and Loss (PnL) performance, which determines their position on the leaderboard and their Elo rating within the league. Essentially, the better your trading performance, the higher your ranking will be.
Your Elo rating directly influences the multiplier effect on your total zPoints, based on your current ranking. You can check the multipliers in the image below.
To perform well in the zPoints campaign, you need to complete the previously mentioned tasks and leverage the multiplier effect of the trading league. This will help you maximize your zPoints and climb the rankings!
Final Notes
As mentioned at the beginning, we are taking a different approach compared to most protocols. Here, you can participate in the zPoints campaign with complete transparency.
$ZRS has already launched, and all information regarding token distribution is available.
Be sure to follow the steps outlined in this article and crush in the zPoints campaign!
About Zaros
