1/ Decided to create a thread around $ZCX tokenomics to help newcomers understand how they'll work
We'll talk about
✅ $ZCX deflationary model
✅ Burnt & vaulted tokens
✅ Insurance Fund
✅ Dynamic Multi Asset Staking
✅ Dynamic Yield Saving Accounts
✅ ZenX Labs
✅ DSR & more
2/ The goal for the @unizen_io team is to present a deflationary tokenomics model
For example.. Tokens will be burnt with every paid listing..
Also.. we will see $ZCX market bought & burnt by the team with a percentage of profit at intervals throughout the year
3/ The listing fees partly paid in $ZCX & a minimum of 50% of listing fees collected will be distributed into the following allocations..
✅ Insurance Fund
✅ Burns - $ZCX burned with every paid listing
✅ Staking Rewards
With EVERY listing! Over time, that's A LOT of $ZCX
4/ The Insurance Fund has a total of 300 million $ZCX..
These are locked tokens which are kept in the unfortunate case of hacks or theft
These tokens will never enter circulation or be sold on the open market
This is 1/3 of the total supply locked forever ✅
5/ The beauty of $ZCX is in its utility
Dynamic Multi Asset Staking is set to launch in Q3 2021 ✅
Dynamic Yield Saving Accounts will follow soon after ✅
These two products alone will suck up large amounts of the supply as investors seek to stake their $ZCX & earn high yields
6/ DMAS is a chain-agnostic staking platform that incentivizes $ZCX holders to stake
Participants will receive multi asset rewards in the form other tokens..
Imagine staking your $ZCX & receiving rewards in $QNT, $ALBT or $HTR
This will quickly become a VERY attractive option
7/ Unizen CBO, James Taylor mentioned on a recent @Round___Table that DMAS rewards may be sourced from another product that is being built out by the $ZCX team..
✅ ZenX Labs
Projects incubated & accelerated through ZenX will find their way to DMAS
8/ ZenX is the worlds first #CeDefi incubator & accelerator ✅
It will offer projects support from its genesis to reached potential
The goal is to not only help top, quality projects grow.. but to bring rewards to the loyal community of $ZCX holders
9/ ZenX will give $ZCX holders the ability to participate in seed, strategic & private rounds of hot, new projects
Rounds usually not meant for retail investors
Allocations will be based on amount of $ZCX held & staked
This will further ensure that $ZCX is locked out of circ
10/ DMAS & ZenX means holders will be incentivized to acquire & lock up more & more $ZCX to receive both higher..
Multi Asset Staking Rewards AND Better Allocations for Seed, Strategic & Private Rounds
🔥 DMAS will fuel ZenX & ZenX will fuel DMAS 🔥
But wait... there's more!
11/ Next, let's take a closer look at DYSA
✅ Dynamic Yield Saving Accounts
DYSA will offer continuous yield on USDC & other #stablecoins at an industry leading rate..
Think $CEL, think BlockFi..
Yet, high yields is just a single piece of @unizen_io
$ZCX
12/ DYSA will work in a tiered manner.. In simple terms:
The more $ZCX held, the higher yield you will receive
This means it is likely we will continuously see more & more $ZCX taken out of circ & locked up from participants competing for higher yields on their savings
13/ From these 3 products alone..
🔥 DMAS - More $ZCX staked = More multi asset rewards
🔥 ZenX - More $ZCX held = Larger the allocations
🔥 DYSA - More $ZCX held = Better & higher the yield
This puts enormous buy pressure on $ZCX & forces those tokens to be taken out of circ
14/ There are obvious concerns around $ZCX tokens released via early strategic & seed rounds
15/ DSR essentially means the initial token release schedule was torn up & thrown out the window
It was replaced by a model that was put in place to protect investors & release tokens in more favorable market conditions
No more large amounts of tokens dumped on the market
$ZCX
16/ DSR strategy would see tokens released based on increased token liquidity & through DMAS rewards
Say $ZCX is listed on a tier 1 exchange..
If there is a sufficient increase in liquidity then tokens will be released via smart contracts
Liquidity will counter releases ✅
17/ This allows for $ZCX tokens to be released over time
Example..
If we see $10m or large increase in daily, authentic liquidity.. a % of tokens will be distributed
If authentic daily volume becomes $50m, distro will scale up accordingly
DSR was put in place to help holders
18/ The team have allocated 20% of the total supply for the future growth of the project
It's been mentioned by CTO @MartinGranstrom.. the team have been actively hiring & expanding, with operations in a comfortable & stable condition
None of these tokens have been needed
$ZCX
19/ The Foundation tokens were set to be released on May 16, 2021
It was announced recently those tokens were subject to an indefinite lock-up as all aspects of the project were sufficiently funded at this point
$ZCX
20/ These tokens would be used for..
✅ Network Support (If devs need to be onboarded etc)
✅ Incubator Grants
✅ Liquidity (MM)
✅ Marketing
But the thing to remember is if these tokens enter circ.. It will be an EXTREMELY SLOW drip & only used if absolutely necessary
$ZCX
21/ In Summary..
✅ Insurance Fund - 30% - Locked up forever
✅ Foundation - 28.5% - Locked up Indefinitely.. Slow Drip if needed
✅ Private/Strategic/Seed/Advisor - 21.5% - Now Subject to DSR
✅ Core Team - 20% - None sold as not needed
$ZCX
22/ We will see HUGE buy pressure from multiple angles.. as $ZCX holders look to compete for larger staking rewards, bigger allocations & higher yields
Token inflation is nowhere near as bad as many fear
Most will never enter circ & the others will slowly enter over many years
23/ All in all...
The tokenomics were designed to grow & protect the ecosystem.. not hinder
This means @unizen_io strive for a deflationary model to cater to investors
And we haven't even talked about the possibility of burns on initial areas..
A talk for another day 😏
$ZCX
24/ If you haven't already, check out my previous thread around $ZCX
1/ I've decided to create an extensive thread about @unizen_io to help newcomers understand a bit more about the project..
▫️ What is Unizen?
▫️ What does the $ZCX token do?
▫️ Why is the #crypto space so excited about $ZCX?
Well.. lets take a look 👇
2/ $ZCX is a Smart Exchange Ecosystem that enables deep hybrid #liquidity through a modular ecosystem that features both centralized & decentralized exchange components..
This is very powerful!
As we proceed through the thread, you will see why this makes @unizen_io unique
3/ Traders are constantly seeking where to find the best liquidity on projects..
This is time-consuming, stressful & risky.. which often results in bad decision
Communities beg projects to list on the most liquid exchanges which causes pain points due to its difficulties
2/ In 2017, the UK Central Banks External Advisory Board said they were exploring the lessons learned from a number of other real-time RTGS implementations..
A highlight was the Scandinavian model for instant payments 🇸🇪🇳🇴