Introducing the ZetaChain (ZETA) Bonus program on Blockchain.com.
The ZetaChain Bonus program will kick start on Feb 6th at 12am UTC and consists of 2 sub-programs:
- Buy ZETA, Get ZETA bonuses
- Hold ZETA, Get ZETA bonuses
Summary
Buy Zeta, Get Zeta
| Availability | Global (excluding United Kingdom) |
| Product | Buy, Swap (custodial) |
|
Pre-conditions
|
KYC verified status |
| Incentive pool | 700’000 tokens (total pool for Buy Zeta and Hold Zeta programs |
| Target duration | 30-60 days |
| Bonus frequency | Accrues daily |
| Eligible action | Buy ZETA or Swap into Zeta |
| Program | Users who buy or swap into Zeta will farm ZETA bonuses in the form of direct deposits into their Blockchain.com account according to the following mechanics |
| Bonus mechanics | Unique User's reward per day = Amount of Zeta tokens bought by user on that day / Total amount of Zeta bought on that day across our brokerage * The amount of tokens released per day |
| Bonus payouts | On the next day UTC |
Hold Zeta, Get Zeta
| Availability | Global (excluding United Kingdom) |
| Product | Blockchain.com custodial account |
| Pre-conditions | KYC verified status + own some Zeta on the Blockchain.com account. Users will be automatically opted in in eligible regions. |
| Target rewards pool | 700’000 tokens (total pool for Buy Zeta and Hold Zeta programs |
| Target duration | 30-60 days |
| Bonus frequency | Accrues daily |
| Eligibility action | Hold Zeta in your Blockchain.com Account |
| Program | Your ZETA held into your Blockchain.com account pay a bonus on a daily basis according to your share of the total amount of ZETA held on the platform |
| Bonus mechanics | Unique user’s rewards per day = User’s Zeta assets on SimpleBuy by EOD / Overall Zeta assets on BCDC accounts by EOD UTC * The amount of tokens released per day |
| Bonus payouts | On the next day UTC |
| Cap on eligible holdings | Capped at 35’000 Zeta in holdings |
Process:
Buy ZETA or Swap to ZETA, get ZETA:
- Connect to your Blockchain.com account
- Buy or Swap into ZETA
- You are eligible to the daily Buy Zeta, Get Zeta Bonus
- Receive your ZETA bonus on the next day
Hold ZETA, get ZETA
- Hold ZETA
- You are eligible for the daily Hold Zeta, Get Zeta Bonus
- Receive your ZETA bonus on the next day
What is a Zeta Bonus?
The Zeta Bonus allows eligible customers to be awarded bonus Zeta Tokens for buying, swapping or holding Zeta Tokens using their Blockchain.com Wallet.
The Buy Zeta, Get Zeta Bonus is awarded to users who buy or swap into Zeta Tokens.
The Hold Zeta, Get Zeta Bonus is awarded to users who hold Zeta Tokens in the Blockchain.com Wallet.
The bonuses are calculated slightly differently and users are eligible for both bonuses at any given time.
Who is eligible for a Zeta Bonus?
To be eligible, you must:
Be a customer in one of the following countries:
- For the Buy Zeta, Ger Zeta Bonus you must be eligible for buy or swap transactions with your Blockchain.com Wallet to earn a Buy Zeta, Get Zeta bonus, excluding the United Kingdom.
- For a Hold Zeta, Get Zeta Bonus you must be in a jurisdiction where you are eligible for a Blockchain.com Wallet, excluding the United Kingdom.
Have a verified Blockchain.com Account.
All eligible customers will be automatically opted into the Zeta Bonus programme.
The minimum amount of Zeta Tokens you must custody with us to be eligible for the Hold Zeta, Get Zeta Bonus is 10 Zeta Tokens.
The maximum amount of Zeta Tokens you can custody with us that will also be eligible for the Hold Zeta, Get Zeta Bonus will be 35,000 on any given day. You can, of course, custody Zeta Tokens over that amount with us, but amounts over 35,000 will not be eligible for the Hold Zeta, Get Zeta Bonus.
Do I need to do anything to get my Zeta Bonus?
No, users in eligible regions will automatically be eligible for a Buy Zeta, Get Zeta and a Hold Zeta, Get Zeta bonus.
Where does your Zeta Bonus come from?
Blockchain.com funds the Zeta Bonus with its own funds.
Blockchain.com has no rights over the Zeta Tokens in your Blockchain.com Account, we do not take any action with your assets unless you specifically instruct us to.
We reserve the right to discontinue the Zeta Bonus programme at any time at our discretion either temporarily or permanently.
How will my Zeta Bonus be calculated?
The amount of Zeta Bonus that is available to you will change daily. The Zeta Bonus rates can vary depending on your country, ongoing product adjustments and account type.
The amount of Zeta Tokens accruing to you under your Buy Zeta, Get Zeta Bonus will depend on the amount of Zeta Tokens you have bought of swapped into on any given day as a percentage of the total volume of Zeta Tokens bought or swapped across our platforms on any given day.
The amount of Zeta Tokens accruing to you under your Hold Zeta, Get Zeta Bonus will depend on the amount of Zeta Tokens you custody with us on any given day as a percentage of all the Zeta Tokens under custody with us across our platforms.
How is the Zeta Bonus distributed?
You shall accrue a Zeta Bonus for:
-
A Buy Zeta, Get Zeta Bonus for each buy or swap via your Blockchain.com Wallet.
-
A Hold Zeta, Get Zeta Bonus for each Zeta Token from 10 Zeta Tokens up to 35,000 Zeta Token that you hold in your Blockchain.com Wallet at 00:00:00 UTC.
Your Zeta Bonus shall accrue daily based on calculations we run at 23:59:59 UTC. Accrued balances are typically distributed during the following day. However the distribution times may change at any time.
If you have earned both a Buy Zeta, Get Zeta Bonus and a Hold Zeta, Get Zeta Bonus you shall receive a single distribution.
If you withdraw your Zeta balance at any time before the next distribution date, you will still receive the Zeta Bonus accruing to your account.
How long does the Zeta Bonus last?
The Zeta Bonus promotions last until further notice. During this time, eligible customers can participate in the Buy Zeta, Get Zeta Bonus and the Hold Zeta, Get Zeta Bonus programs to earn bonus Zeta Tokens based on their transactions and holdings in the Blockchain.com Wallet. We reserve the right to withdraw or change the promotion at any time.