OKX launches a special ZBC airdrop initiative for BETH holders, offering enhanced rewards for ETH staking participants.
Campaign Overview
Eligibility Criteria
- Stake an additional 0.1 ETH (receiving BETH 1:1) between September 28, 3:00 am UTC – October 13, 3:00 am UTC, 2023.
- Maintain a minimum 0.1 BETH average increment during the campaign.
Note: Pre-existing BETH holdings and their on-chain rewards qualify for airdrop eligibility.
How to Acquire BETH
- ETH Staking: Visit OKX’s ETH Staking Portal.
- Spot Trading: Trade via BETH/USDT or BETH/ETH pairs.
👉 Maximize your rewards with BETH staking
Rewards Mechanism
- Baseline Snapshot: Taken on September 28, 2:00 am UTC (Funding/Trading/Grow accounts).
- Daily Snapshots: Track BETH holdings from September 28 – October 13.
Rewards Formula:
Individual Rewards = (Avg BETH Increment / Total OKX Avg Increment) × Prize Pool (4,295,000 ZBC)
Example Calculation:
- User holds 100 BETH (baseline).
- Daily averages: 105 (Day 1), 109 (Day 2), 101 (Day 3).
- Avg Increment = [(105+109+101)/3] – 100 = 5 BETH.
- Reward: (5/1000) × 4,295,000 ZBC = 21,475 ZBC.
Campaign Timeline & Token Distribution
| Period | Prize Pool | Token |
|--------|------------|-------|
| Sep 28 – Oct 13, 2023 | 4,295,000 ZBC | ZBC |
- Distribution: Rewards arrive in Funding accounts within 15 working days post-campaign.
- ETH Staking Rewards: Credited daily.
Key Notes
- Exclusions: Residents of prohibited regions (e.g., US, Hong Kong, Iran) cannot participate.
- Terms: OKX may modify rules or disqualify participants without notice.
- Taxes: Recipients bear all tax liabilities.
👉 Learn more about ETH staking benefits
FAQs
Q1: Can I use sub-accounts for the campaign?
A: No, only primary OKX accounts qualify.
Q2: How is the BETH increment calculated?
A: Daily snapshots determine your average holdings above the baseline.
Q3: When will ZBC rewards be distributed?
A: Within 15 business days after October 13, 2023.
Q4: Are pre-existing BETH holdings eligible?
A: Yes, they count toward your incremental rewards.
Q5: What’s the minimum BETH requirement?
A: 0.1 BETH average increase during the campaign.
Q6: Can I trade BETH during the campaign?
A: Yes, but maintain the minimum increment to qualify.
Terms subject to OKX’s discretion. For full details, review the OKX Terms of Service.