ZenithCoin (ZCO)
Tokenomics Element
Details
Token Name
ZenithCoin (ZCO)
Total Supply
1,000,000,000 ZCO
Initial Circulating Supply
500,000,000 ZCO
Utility
- Governance: ZCO holders can vote on platform decisions. - Staking: Users can stake ZCO to earn rewards. - Transaction Fees: ZCO is used to pay transaction fees on the Zenith Protocol platform.
Buyback & Burn
- Buyback Program: A portion of transaction fees is used to buy back ZCO from the market. - Burn Mechanism: 30% of the repurchased tokens are burned to decrease total supply and increase scarcity.
Allocation
- Development: 20% (200,000,000 ZCO) - Marketing: 15% (150,000,000 ZCO) - Community Incentives: 10% (100,000,000 ZCO) - Liquidity: 20% (200,000,000 ZCO) - Reserves: 15% (150,000,000 ZCO) - Team & Advisors: 20% (200,000,000 ZCO)
Vesting Period
- Team & Advisors: 24 months with a 6-month cliff.
Governance Model
- Decentralized governance through community voting using ZCO.
Staking Rewards
- Annual percentage yield (APY) of 10-15% for stakers.
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