Phase 1
In Phase 1, there is no waiting period to deposit (or withdraw) your assets (or maAssets (Morph)).
Deposit
- Get some funds that you desire to deposit into your wallet
- Morph native bridge: https://bridge.morphl2.io/
- Stargate bridge: https://stargate.finance/
- DEX on Morph: https://app.bulbaswap.io/swap
- Visit the Zootosis website and connect your wallet
- Choose an asset to deposit
- Deposit the asset and receive the corresponding maAsset (Morph) with no waiting period
Withdraw
- Visit the Zootosis website and connect your wallet
- Choose an maAsset (Morph) to withdraw
- Withdraw the asset and receive the underlying asset back on Morph with no waiting period
Phase 2 - Coming Soon
Phase 2 is coming soon.
Waiting periods to withdraw your maAssets (Morph) (or maAssets (xxMorph)) may be imposed due to technical specs and operational policies of the specific strategies that Phase 2 participant protocols offer, especially once the matrix vaults are live on mitosis mainnet.
Please stay tuned for the additional strategies you can take by further utilizing maAssets (Morph) with multiple DeFi strategy options native to Morph.
Early Withdrawal & Reward Forfeiture
Zootosis is designed to reward committed long-term participants without forcing anyone into lockups, unlike many campaigns organized by other protocols. You can withdraw your maAssets at any time, but exiting earlier than the Zootosis duration (270 days) comes with clear trade-offs.
If you withdraw within the first 7 days after you deposit, you’ll forfeit 90% of your total Zoots Points received. After the 7 days, the forfeiture percentage decreases linearly over the course of the Zootosis duration (270 days).
Here are some examples of the forfeit percentages you will take based on your holding dates:
- 7 days: 90%
- 30 days: ~82.13%
- 90 days: ~61.6%
- 180 days: ~30.8%
- 270 days: 0%
The forfeited Zoots will then be redistributed daily to the remaining participants, rewarding their consistent commitment beyond those who exit earlier.