Tokenomics of ZEN token
Last updated
Last updated
Zen Token ($ZEN) is the multichain exchange token of the Zenit World Trading Platform. It has been enhanced with numerous utilities in line with the evolution of the current platform. It has a total supply capped at 153,000,000 tokens, with compatibility with the Ethereum and Polygon blockchain networks.
As a Zenit World platform utility token, the ZEN token can be used to pay the fees for derivatives contract transactions, spot transactions, and other social interactions. It also plays a central role in platform governance.
Zen Token holders gain the privilege of accessing many premium benefits, such as premium customer care, priority access to new features, copy trading rewards (which may be received in ZEN tokens as per ZEN tokens staked), and early access privileges to token sales and Initial Coin Offerings (ICOs).
| Allocation to | Percentage of Supply | ZEN tokens |
|---|---|---|
Team and Advisor
10.00%
15,300,000
Seed
6.60%
10,098,000
Private
34.20%
52,326,000
Public
9.20%
14,076,000
Platform
15.00%
22,950,000
Liquidity
10.00%
15,300,000
Treasury
10.00%
15,300,000
Airdrop
5.00%
7,650,000
Total
100%
153,000,000