How a zToken Launches
zETH registration opens Mon 26 Oct.
Every zToken launches in the same steps. The first comes from zETH, the activity market on Ethereum activity, run as a beta. Bright steps are live and explained in full. Grey steps are coming next and get their details when they go live.
Registration
Opens Mon 26 OctSign in to Zaps, link your wallets and mint your zScore. You need a minted zScore to win a seat.
Open the Zaps appPick the coin's name and art
- The community chooses before the race.
- Suggest one: needs an X account and a minted zScore. One per X account.
- Vote for one: needs an X account. More lifetime zaps give more votes, by square root.
Race
Coming nextA public leaderboard scores real onchain activity. The top of the board wins seats.
Seat window
Coming nextMiners get the first hours of the auction to themselves.
Auction
Coming nextEveryone bids, and the auction sets the token's first price.
Locked pool
Coming nextThe auction money seeds a trading pool that stays locked.
Buyback
Coming nextTrading fees buy the token back from the market.
Seasons
Coming nextWhen a season ends, a new race picks new miners.
