PoseiSwap Gives 7% of Its Tokens to Zebec Foundation

The Z Man
Zebec Network
Published in
4 min readMar 28, 2023

The Tokens will be given to Zepoch Node holders in three separate Airdrops

We’re excited to announce the launch of PoseiSwap, the first DEX in the Zebec ecosystem. To celebrate, PoseiSwap is giving 7% of their total token supply to Zepoch node holders who made their launch possible. These tokens will be given away in three separate airdrops.

In this first airdrop, a portion of the tokens equalling 1.4% of the total supply of $POSE (PoseiSwap’s native token) will be given away to Zepoch holders. Here’s how you can be part of the airdrop:

The First DEX Built on Nautilus Chain — Soon to be Zebec Chain

In Operation Horizon, Zepoch node holders laid the foundations for Zebec Chain by launching a staging chain called Nautilus. Nautilus is the world’s fastest and first modular chain utilizing a parallel EVM.

Through Nautilus, PoseiSwap solves many of the issues currently facing DEXs. DEXs tend to be too expensive for mass adoption, and users must choose between high slippage or high gas fees. They tend to be wholly public yet still unable to comply with financial regulations and audits or privacy protections.

Nautilus Chain (and Zebec Chain in the future) provides a solution to all these issues. Its high throughput lets PoseiSwap be efficient enough to keep fees low. It will also integrate ZK technology to comply with future financial regulations and protect consumer privacy.

This first airdrop campaign will be held in two parts. If you have successfully invited people to buy Zepoch Nodes before, you can earn greater rewards when you refer people to this campaign now! Use the same referral link you did for Zepoch nodes. Now, let’s dive into the campaign itself!

Part 1: Rewarding Early Zepoch Holders

If you’ve purchased a Zepoch node before, you’ve already been helping launch Nautilus Chain, which serves as a precursor to Zebec Chain. We want to reward you for your early support — which has made the launch of the Nautilus Chain possible.

25% of all tokens set aside for this campaign will go to early Zepoch node holders who complete the required tasks. The more nodes you have, the more rewards you will get!

To earn rewards, you simply need to complete at least one swap on PoseiSwap and add liquidity to a liquidity pool. The airdrop will be paid out anywhere between 30–180 days using Zebec’s payment streaming technology. Those with more Zebec points will have their rewards streamed faster.

Part 2: Rewarding new Zepoch Holders

Up to 75% of the total amount of the $POSE airdrop will reward new Zepoch Node holders. The amount you will earn is based on the TOTAL amount of Zepochs you hold — and unlike other airdrops, this one will count ALL the Zepoch Nodes in your wallets.

There are two types of Zepoch Nodes: APY-yielding ones purchased early during project Horizon, and non-APY-earning nodes, which are available now (the last APY-yielding Zepoch was sold on March 5. Details here.) But in this stage, it doesn’t matter which type you have as long as you have at least one non-APY-earning Zepoch node. As long as you have one node purchased after March 5, the more Zepochs you hold, the more $POSE will be airdropped to you in this part of the campaign.

This airdrop can pay out an extremely high amount. For those with 0–4 Zepochs, this stage will pay out 50% of the total value of your Zepochs in $POSE tokens. But for those with 5–14 Zepochs, that amount jumps to 100%, and those with over 15 Zepochs can receive 150% of the total value of their Zepoch nodes in $POSE tokens!

That means you could earn more than the total amount you paid for all the Zepochs in your collection! It’s a rare opportunity.

The number of $POSE you receive will be based on their average value in the first five days after the launch of PoseiSwap. For example, if the value of your 6 Zepochs equalled $10,000, and the average value of $POSE during the first five days of its launch was USD 50 cents ($0.50), you would receive 20,000 $POSE.

Tokens in this airdrop will be vested linearly over 24 months and paid out during that time.

This is a unique airdrop for Operation Horizon; although there will be more airdrops, this may be the only one that includes both APY-yielding and non-APY-yielding Zepoch nodes! This is one you’ll want to be part of.

Building the Next Stage of Web3

PoseiSwap is the first DEX to build on Nautilus, which will become Zebec Chain. The team aims to use Zebec technology to prepare DEXs for mass adoption. Through Nautilus’ high throughput, PoseiSwap hopes to make a DEX that is inexpensive, accessible, and efficient, and it wants to create one that can comply with any future regulatory burden.

The goal is to start listing not only Web3 assets but also tokenized Web2 assets in the future. PoseiSwap isn’t meant only for Web3; it aims to bring the world of Web3 to the world of Web2 and pave the way for mass adoption.

We want to thank you for all you’ve already done, not only for Zebec but for all of Web3 and what you’ve done to bring blockchain to the masses.

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The Z Man
Zebec Network

Your friendly neighbourhood DeFi writer. You think you know more than me? Yes, you probably do!