Tokenomics
Holding the platform's utility and governance token, ZKE, grants access to a number of advantages.
Tokens
ZKE token: zkEra utility and governance token. ZKE token unlocks a variety of benefits for holders. Stay updated about our news and follow community channels.
Steps to purchase ZKE can be found on the Buy page.
After staking ZKE, you will receive ETH and an escrowed ZKE token.
ZLP token: Users can mint ZLP using any asset in the ZLP pool and burn it to redeem any pool asset.
degenLP token: Users can mint ZLP using any asset in the degen pool and burn it to redeem any pool asset.
Treasury
The treasury helps maintain ZLP and degen Pool liquidity and offers a steady flow of ETH returns for every staked ZKE. If the ratio of the treasury to the total supply of ZKE is smaller than the market price, the treasury may also be used to buy back and burn ZKE as it increases. This would result in a minimal price for ZKE in terms of ETH and ZLP. A governance vote will be held before any changes are implemented, and this option will only be utilized if additional products are released and liquidity mining is necessary.
The protocol owns and provides ZLP/ETH liquidity; the commissions from this trading pair are converted to ZLP and placed into the treasury.
Supply
You can view the ZKE supply on the Dashboard after the zkEra launch.
The increase in circulating supply will depend on the number of vested tokens and the amount allocated for marketing and partnerships. The projected maximum supply is 50 million ZKE tokens.
Minting beyond the 50 million maximum supply is governed by a timelock. This option will only be exercised if new products are launched and liquidity mining is needed. A governance vote will take place before any changes are made.
Token supply of ZKE with the following planned token distribution:
4
Pre-sale
6
Public Sale
25
Protocol liquidity incentives in the form of an escrowed token reward (esZKE)
50
zkEra Treasury: marketing, collaborations, fundraising, supplying liquidity, etc
15
Team
10% of ZKE would be reserved for the sale: 4% for pre-sale and 6% for the public sale.
25% will be allocated for protocol liquidity incentives as an escrowed token reward (esZKE). The team will oversee and evaluate the effectiveness of these incentives, making necessary adjustments and sharing their findings with the community.
50% portion will be designated for the zkEra Treasury, which will be utilized for marketing incentives, collaborations, fundraising initiatives, supplying protocol-owned liquidity, and rewarding community contributors. All Treasury expenditures will be made transparent and shared with the community.
15% share will be assigned to the team, with a linear vesting schedule spanning over 18 months.
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