Zkircuit
  • Introduction
    • Introduction
  • Features
    • Scalable Layer 2 Solutions
    • Zkircuit DAO
    • Comprehensive Developer Support
    • Testnet
  • Mechanism
    • Layer 2 Scaling Technology
    • MEV Protection Mechanism
    • Developer Support and API Integration
    • Security and Compliance
    • Onboarding and User Interface
    • Testnet for Community Engagement
  • Tokenomics
    • Supply and Allocation
    • Governance and Usage
  • Roadmap
    • Phase 1: Foundation and Development
    • Phase 2: Testnet and Community Engagement
    • Phase 3: Mainnet Launch and Expansion
    • Phase 4: Scaling and Advanced Feature Integration
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  • Total Token Supply:
  • Allocation Breakdown:
  • Liquidity Provision (LP) - 90% (900,000,000 ZKIT)
  • Ecosystem Growth and Development - 5% (50,000,000 ZKIT)
  • Team and Advisors - 3% (30,000,000 ZKIT)
  • Marketing and Outreach - 2% (20,000,000 ZKIT)
  1. Tokenomics

Supply and Allocation

Total Token Supply:

1,000,000,000 ZKIT

Allocation Breakdown:

Liquidity Provision (LP) - 90% (900,000,000 ZKIT)

  • Purpose: The vast majority of the token supply is allocated to liquidity provisioning. This is essential for ensuring that there is enough liquidity on decentralized exchanges (DEXs) to facilitate smooth and efficient trading of ZKIT tokens.

Distribution:

  • DEX Liquidity Pools: A significant portion will be reserved for contributing to liquidity pools on various DEX platforms. This helps in maintaining a stable market for ZKIT tokens and reduces slippage during large transactions.

  • Liquidity Mining Rewards: Tokens will be distributed as incentives for users who provide liquidity to the ZKIT pools. This strategy encourages more users to stake their tokens and liquidity, thus securing and enlarging the pool’s resources.

Ecosystem Growth and Development - 5% (50,000,000 ZKIT)

  • Purpose: These tokens are reserved to fund future developments, platform enhancements, and to support the broader ecosystem of Zkircuit.

Use Cases:

  • Grants and Partnerships: Funding for projects, developers, and partnerships that contribute to the ecosystem’s growth.

  • Community Initiatives: Sponsorships, contests, and other community engagement programs.

Team and Advisors - 3% (30,000,000 ZKIT)

  • Purpose: To compensate and incentivize the founding team and advisors who contribute to the strategic direction and development of Zkircuit.

  • Vesting Schedule: To align incentives with the long-term success of the project, tokens allocated to the team and advisors may be subject to a vesting schedule (e.g., 20% release per year over five years), with a one-year cliff to ensure commitment.

Marketing and Outreach - 2% (20,000,000 ZKIT)

  • Purpose: These tokens are earmarked for marketing campaigns, outreach programs, and to increase awareness and adoption of Zkircuit.

  • Activities:

  • Advertising and Promotion: Online ads, influencer partnerships, and PR.

  • Community and Educational Events: Workshops, seminars, and webinars to educate potential users about Zkircuit’s features and benefits.

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Last updated 11 months ago