Token Distribution
Last updated
Last updated
Zenith's tokenomics are thoughtfully designed to foster positive engagement and align the interests of all participants within the ecosystem, promoting mutual benefit. Initial veZEN positions will be distributed across diverse groups and early adopters, igniting their participation in the Zenith ecosystem. Following the ve(3,3) model, consistent and active involvement is crucial to uphold long-term value and propel the protocol toward sustained success.
$ZEN is a BEP-20 token on Binance Smart Chain.
$ZEN Pre-mining campaign2% of the initial supply is to be distributed to pre-TGE liquidity providers in the form of a pre-launch liquidity mining campaign.
A dedicated fund of 10% of the initial supply has been allocated to support the progress of ZEN through a wide range of initiatives. We have meticulously designed this fund to offer significant backing to carefully chosen ventures. These selected initiatives will receive substantial support in critical areas, including smart contract development, marketing efforts, and business development strategies.
20% of the initial supply has been allocated to our dedicated core team. This allocation is divided between veZEN and $ZEN tokens, aligning the team's interests with the protocol's growth.
By vesting core team members with vote-escrowed tokens, they actively participate in the protocol's development and maintain a focus on long-term goals. In the early stages, the core team will vote for core pair gauges, prioritizing deep liquidity and low slippage for high-volume pairs like $BNB and $ZEN -denominated pairs.
Team allocation will be structured as follows:
10% unlocked ZEN tokens
90% veZEN locked for 24 months
4% of the initial supply has been paired with $BNB to provide enough liquidity at launch.
A total of 16% from the initial supply has been set aside for the DAO treasury. This allocation will be locked in veZEN for 24 months and used to vote on the most capital-efficient and profitable pairs. Additionally, the fee revenue generated will be utilized to cover operational expenses of the DAO.
2% of the initial supply in ZENtokens is unlocked and reserved for marketing initiatives.
3% of the initial supply is reserved for advisory partnerships and marketing ambassadors.
15% of the initial supply is reserved for pre-seed and strategic contributors.
The possibility of an indefinite increase in token issuance is under consideration, as adjustments to the economic model and distribution mechanisms are explored
