Hold more BETH to enjoy exclusive ZBC airdrops

OKX is launching an exclusive ZBC airdrop campaign for BETH holders on Sep 28, 2023.

About ZBC airdrop campaign

1. Eligibility

• Users who stake at least an additional 0.1 ETH and receive BETH at a 1:1 ratio from Sep 28, 3:00 am UTC, to Oct 13, 3:00 am UTC, 2023.
• You need to stake new BETH during the campaign period and maintain at least 0.1 BETH average increment.
  Note: The continuous on-chain rewards obtained by holding BETH before the campaign will also be considered as additional holdings during the campaign period and are eligible for airdrop rewards.

2. How to get BETH?

• Go to the OKX ETH staking page
• Spot trade on BETH/USDT and BETH/ETH

3. Rules

• Before the campaign starts, we'll take a snapshot of your BETH holdings on Sep 28, 2:00 am UTC, including your Funding, Trading, and Grow accounts. The captured BETH holdings that are above 0.1 BETH at that time will be used as the baseline holdings snapshot.
• During the campaign period from Sep 28 to Oct 13 2023, we'll take daily snapshots of your BETH holdings. The average BETH holdings that exceed the captured baseline will be considered as the increase in BETH holdings, and users will receive ZBC airdrops based on this increase.

4. Rewards calculations

• Your airdrop rewards = Individual average BETH increment / Total average BETH increment on OKX × Prize pool
• Your total rewards = OKX exclusive ZBC airdrops + ETH staking rewards
• Example
  • User A had 100 BETH when the snapshot was taken at 2:00 am UTC on Sep 28, 2023.
  • On Sep 28, 2023, the snapshot shows that user A holds 105 BETH, then 109 BETH on Sep 29, and 101 BETH on Sep 30.
  • The calculation for user A's average daily BETH increment over the three days, Sep 28, 29, and 30, is as follows:
    • (105 + 109 + 101) / 3 - 100 = 5
  • This means that user A average increment over those 3 days is 5 BETH.
  • Assuming the total daily average BETH increment over the 3 days of the campaign is 1,000 BETH.
  • Assuming the prize pool is 4,295,000 ZBC.
  • The user's exclusive ZBC airdrop is calculated as follows:
    • User's airdrop rewards = User's average BETH increment over the three days / Total average BETH increment on OKX × Prize Pool
    • 5 BETH / 1000 BETH × 4,295,000 ZBC = 21,475 ZBC

5. Campaign details

6. Rewards distribution

• If you're an eligible participant, the airdrop rewards will be distributed to your Funding account within 15 working days after the campaign period ends.
• Your ETH Staking rewards will be distributed to your Funding account daily.

Note

• The prize pool is subsidized by the ZBC project.
• OKX provides node setup, operation, and maintenance services for ETH Staking, and bears all related costs without charging any fees. ETH Staking rewards are subject to fluctuations, which will be distributed based on ‌on-chain conditions.
• The BETH airdrop campaign is limited to your OKX account participation only (sub-account is not allowed).

OKX team
September 28 2023

Terms and conditions:

• Users must complete identity verification to join the campaign.
• This promotion excludes residents from the following countries/regions: Hong Kong, Cuba, Iran, North Korea, Crimea, Sudan, Malaysia, Syria, the United States of America — including all US territories, such as Puerto Rico, American Samoa, Guam, Northern Mariana Island and the US Virgin Islands (ie, St. Croix, St. John and St. Thomas), Bangladesh, Indonesia, Bolivia, Ecuador, Kyrgyzstan, Botswana, Ghana, Kenya, Nigeria, Switzerland, South Africa, the United Kingdom, Zimbabwe and Malta.
• All applicable taxes, fees, and additional expenses, including connection, installation, and/or service costs, related to the acceptance and use of the gift, are the sole responsibility of the individual gift recipient.
• OKX reserves the right to exclude any participants from this promotion and/or cancel this promotion without notice.
• OKX reserves the right to interpret the terms and conditions of this promotion as it sees fit, and reserves the right to change or modify these terms and conditions at any time.
• Please refer to the OKX Terms of Service for more details.
• OKX is not liable for technical, visual, typographical, or editorial errors or omissions. For more information, visit www.okx.com.