This blog dives into the details of Zulu’s tokenomics and the exciting airdrop plan! We’ll break down exactly how the tokens are divided — covering everything from community incentives to launchpad reserves. Plus, we’ll guide you through the airdrop process, showing how you can claim tokens using Zulu Genesis Points (ZGP) or Zulu Staking Points (ZSP).
The airdrop plan introduces two primary ways for users to claim ZULU tokens: through Zulu Genesis Points (ZGP) or Zulu Staking Points (ZSP). These mechanisms reward early participation and support for the Zulu Network, allowing users to earn tokens by engaging in testnet activities, staking, and completing quests.
Stick around to learn how to maximize your rewards and get ahead in the Zulu Network!
Zulu Tokenomics
The Zulu Tokenomics outline the strategic allocation and distribution of ZULU tokens within the network. The tokenomics framework details the percentage distribution across various categories.
This structure is designed to support the sustainable growth of the Zulu ecosystem by rewarding contributors, incentivizing development, and expanding the community.
- Launchpad/Community Offering: 5% of Supply
- Airdrop & Initial DEX Liquidity: 10% of Supply
- Marketing: 2% of Supply
- Investors: 12% of Supply
- Team & Advisors: 15% of Supply
- Foundation: 20% of Supply
- Ecosystem & ZULU DAO: 16%
- DePIN + AI Mining Reserve: 20%
You can check all the tokenomic details here: https://docs.google.com/spreadsheets/d/1tBLpxVTGb4w88zz5CPdYlnrqLPmxmvHcPOP_M9HunEs/edit?usp=sharing
Zulu Genesis Points
The Zulu Genesis Points (ZGP) have played a crucial role in fostering community engagement and growth. By participating in various activities on the Zulu Testnet, users earned ZGP, which can later be converted into ZULU tokens. This initiative, known as “Zulu Lwazi” (meaning “knowledge” in Zulu), has helped create a vibrant and knowledgeable community, driving awareness and interest in the Zulu Network.
Learn more about the Zulu Lwazi Testnet Campaign here: https://medium.com/@zulu_network/earn-zulu-genesis-points-zgp-now-phase-1-lwazi-c69323fd3ea1
The program encouraged users to contribute feedback, spread the word about Zulu, and participate in quests that improve the platform, effectively making ZGP an essential tool for building a strong and active user base.
The airdrop details for ZGP holders will be given upon mainnet launch. Expected in the next 3–5 weeks (market depending). Exact date will be announced in the coming weeks.
ZGP Allocation: 5% of total Zulu tokens
Distribution plan: 10% at Mainnet Launch, linear vesting over 6 months.
The Vesting Start will be announced at Mainnet Launch
Claim via Zulu Mainnet
You will need to use the Zulu mainnet to claim.
Lets build Zulu Nation into the top ecosystem on Bitcoin. We designed this with a focus on rewarding our community’s top contributors that bring the most value to the network.
Who is qualified?
All the ZGP users who participated in Zulu Testnet quest AND also connected with a valid Twitter account will be qualified.
Please note that, if your wallet is NOT connected with a valid twitter account before the deadline, you will NOT be qualified for the airdrop.
Remember to link your twitter for optimal earning.
The deadline of connecting your Twitter will be November 15th, 2024.
One time bonus:
If you don’t claim within the first 30 days of Mainnet launch, there will be an additional 10% bonus.
For instance, if your total eligible amount of Zuu token is 10,000 and you didn’t claim within Mainnet + 30 DAYS, then at Mainnet+31 DAYS, you can claim a ONE-TIME 10% bonus.
Zulu Staking Points
ZSP Allocation: 10% of total Zulu Tokens.
Distribution plan: 10% at Mainnet launch, linear vesting over 6 months.
The deadline for Season I airdrop for Zulu Staking Points — we will take the snapshot on November 15th, 2024 (UTC).
It will be proportionally to the total ZSP available.
What is coming next?
The Zulu Network is gearing up for the launch of its DAO, empowering the community to shape the future of the platform.
With Zulu DAO, users can stake their ZULU tokens to participate in governance decisions, vote on proposals, and help steer the network’s development.
It’s not just about having a say — staking ZULU also means earning additional rewards, creating a system where users can grow their holdings while actively contributing to the network’s evolution.
Alongside the DAO, the Zulu Mainnet Campaign is set to take things up a notch. With the mainnet launch on the horizon, the campaign will bring a series of events and incentives to onboard users, boost network activity, and expand the ecosystem.
Expect exciting opportunities to earn more ZULU, test out new features, and be part of the next big phase in Zulu’s journey. The mainnet launch marks a major milestone, unlocking new possibilities for DeFi, smart contracts, and Bitcoin-native innovations on the Zulu platform.
Lets build Zulu Nation into the top ecosystem on Bitcoin. We designed this with a focus on rewarding our community’s top contributors that bring the most value to the network.
We are excited for the future. LFG!
About Zulu Network
Zulu Network is the first Native Bitcoin DePIN Layer optimized for AI + DePIN implementations. With Zulu, everyone will have the ability to stake assets, help facilitate operation of various DePIN and AI protocols and earn on the Bitcoin Network.
Zulu is an innovative blockchain protocol that combines the security of Bitcoin with the flexibility of EVM infrastructure to foster a new decentralized economy, focus on AI & physical infrastructures, and empower users to stake their assets to power the future of DePIN innovation.
