Zaros is setting new standards inside the ever-changing world of DeFi, bringing into play a game-changing Perpetual Futures DEX, merging professional advanced trading functionality with innovation driven by the community. Currently, in its testnet phase, Zaros stands an excellent chance at changing how traders interact with markets, due to some first-to-market feature-based innovative approaches toward an airdrop model—one that empowers a community. The outline below encapsulates all the important information one needs to know about Zaros, its key features, and the highly anticipated $ZRS airdrop.
What is Zaros?
Zaros is the epitome of modern progressive DEX. It intends to establish an environment in which users can trade, marinated by a wide array of markets in digital currencies, FX, and commodities. All of this underlined with Arbitrum and Monad networks makes the user unique in achieving cross-margin trading aggregation and multi-asset margin support.
It has also enjoyed pretty significant attention, especially after raising $1.8 million in the recent funding round, further solidifying its place in the DeFi space. Of them, Zaros is live and trading on CoinGecko while gaining on-chain increased interest in the derivative markets.
Key Features of Zaros
1. Cross-Margin Trading Accounts: Zaros allows users to manage multiple positions in trading amongst identities easily within cross-margin trading accounts. By supporting over 15 tokens as collateral for lending margins, it becomes the go-to marketplace for traders seeking to use different tactics.
2. Leverage Trading in Crypto, FX, and Commodities: Zaros provides access to a large variety of markets where traders can safely participate in leverage trading. They not only get more yield from the Boosted (Re)Staking vaults but also get extra ETH from the trading fee through its ZLP vaults.
3. A DEX with a CEX-Like Experience: Zaros fills the gap for both DEX and CEX space with seamless trading. Other than going to the gym, it introduces features such as integrating social logins to allow performing one-click transactions and making trades simpler, whereas all this time users can easily verify the session via email or with their Apple ID.
4. ZLP Vaults – Market-Making Vaults: The liquidity supplies can be put into Zaros market-making through the one-sided LPing smart contracts, commonly known as the ZLP Vault. The vaults take Colin Collateral loans from the liquidity providers and scale up Zaro’s perpetual futures markets. In return, liquidity providers have made ETH fee revenue from the volume traded.
5. Skew and Open Interest Caps: There are implemented skew and open interest caps within the Zaros market that allow more utilization of TVs than exist somewhere else. These parameters allow the rigging of volatility in the market so that the availed liquidity can remain reliable to ensure experimental markets are included in the protocol listing.
6. Native Ecosystem Stablecoin – USDz: native ecosystem stablecoin given by Zaros ecosystem design, which should be collocated and hence allow price stability at the platform. Coupled with leverage trading and liquidity provisioning, this forms another stratum of stability and efficiency on the Zaros platform.
The $ZRS Airdrop: A Community-Driven Innovation
One of the most exciting aspects of Zaros is its innovative $ZRS airdrop, which stands out from traditional airdrops in several key ways:
1. Community Influence on Airdrop Size: The $ZRS airdrop is already live, allowing the community to directly impact its size by participating in various seasonal activities. Unlike typical airdrops that are predetermined, Zaros empowers its community to shape the airdrop’s outcome through active engagement.
2. Earning zPoints for $ZRS Tokens: Participants can earn zPoints by engaging in trading activities and other features of the dApp. These zPoints will be converted into $ZRS tokens at specific intervals by the end of each season, making early and active participation crucial.
3. Significant Allocation for Early Participants: Zaros has reserved 3.6% of the total $ZRS supply for testnet participants, with an additional 5% allocated to the first season on the mainnet. This generous allocation is designed to reward early adopters and encourage ongoing participation.
4. Community-Driven Token Price Speculation: This might be very unique in its community-driven token price speculation ability in the airdrop and can ramp up the price value concerning an airdrop to very high margins. The speculative nature embedded inside them makes the whole process pretty exciting and certainly will drive the community to deeper involvement.
5. Clear Eligibility and Active Engagement: Eligibility for the $ZRS airdrop is supported by a live zPoints dashboard, which tracks quests, badges, and multipliers. This transparent system fosters active engagement and ensures that participants are rewarded based on their contributions.
6. Timing for Mainnet Season: The first Mainnet season is scheduled to begin four months after the platform’s launch. This timeline gives the community ample opportunity to get involved early and maximize their potential rewards.
How to Participate in the Zaros $ZRS Airdrop
For those interested in participating in the $ZRS airdrop, here’s a step-by-step guide:
- Access the Zaros Alpha Testnet:
- Navigate to the Zaros Alpha Testnet platform and connect your EVM-compatible wallet. To enhance security, consider using browser extensions like Wallet Guard and Pocket Universe.
- Switch to Arbitrum Sepolia Testnet:
- Change your network to the Arbitrum Sepolia testnet and claim free ETH Sepolia using a faucet.
- Set Up Your Trading Account:
- Go to the account section, mint USDC, and create a trading account to begin your journey on Zaros.
- Earn zPoints and Badges:
- Head to the “zPoints” section and start earning zPoints and badges by participating in seasonal trading activities and completing easy social tasks.
Zaros is setting the standard in the DeFi space with its game-changing take on perpetual futures trading and its community-first $ZRS airdrop. Powered by advanced trading functionality, a seamless user interface, and an innovative airdrop model, Zaros showcases an outstanding case to cement its position as a leader in the on-chain derivatives market. Zaros presents a very exciting opportunity for traders and DeFi enthusiasts who look to maximize their returns and engage themselves in forward-thinking platforms by getting involved early and making an impact.
Don’t miss out on being part of this innovation—start earning your zPoints today and stay ahead of the curve with the ever-evolving landscape in decentralized finance.
Blockchain enthusiast and crypto expert covering Web3, DeFi, and NFTs.