Vest

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What is Vest?

Vest is a decentralized perpetual futures exchange built on zkSync, a zero-knowledge rollup on Ethereum. The platform allows users to trade various digital assets, while liquidity providers (LPs) can contribute capital using USDC to earn yield. By leveraging zkSync’s scalability and cost efficiency, Vest offers a seamless trading experience.

The project received an allocation of 2,452,128 ZK tokens, of which 400,000 ZK tokens have already been airdropped to early Mainnet Alpha users. To earn from the remaining allocation, users are encouraged to keep engaging with the platform.

Step-by-Step Guide: How to Use Vest

  1. Start Trading on Vest:
  • Visit the Vest exchange and click on “Start Trading.”
  • Connect your wallet to the platform.
  1. Fund Your Account:
  • Ensure you have USDC for trading and a small amount of ETH on zkSync to cover transaction fees.
  • Click “Deposit,” enter the desired amount in USDC, and approve the transactions.
  1. Regular Trading & Liquidity Provision:
  • Perform trades frequently to stay eligible for rewards.
  • Provide liquidity by depositing USDC through the “Liquidity Providing” page.

Vest Airdrop Program

Vest has already distributed 400,000 ZK tokens from their 2.45 million ZK allocation. This leaves 2 million ZK tokens for future community distributions. Vest incentivizes active users through continuous interactions, trading, and liquidity provision.

Phase Two launched on July 25th, where all users participating in trading or liquidity provision are rewarded. The early participants in these phases stand a chance to earn ZK tokens and potentially VEST tokens, although the team has not publicly announced plans for a dedicated Vest token.

Upcoming “Vest Quest” & Phases

  • Phase Three will introduce a series of quests called “Vest Quest”, expected soon.
  • Phase Four will follow with additional rewards and community activities.
  • Stay updated by turning on notifications for Vest’s X (formerly Twitter) account.

Vest Incentive Program Details

The Vest incentive program is a limited-time campaign running until December 9 at 12 PM EST. Here’s how it works:

  • 250,000 ZK tokens are claimable weekly by Vest users.
  • Rewards are based on weekly protocol activity, ending every Sunday at 11:59 PM EST.
  • The first distribution of ZK tokens is scheduled for November 18, with subsequent distributions happening every Monday at 12:00 PM EST.
  • Users can claim their rewards on the claim day through the Vest platform.

Want to Discover More Airdrop Opportunities?

Looking for projects without a token yet that might reward early users with retroactive airdrops? Explore our list of potential DeFi airdrops to stay ahead!

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