This page talks briefly summarizes the $ZERO token.
The $ZERO token is not yet live and will be made available during the TGE.
$ZERO serves as both a utility and governance token within the ZeroLend ecosystem. The Total Supply of $ZERO is 100B.
Utilities of $ZERO
Staking: $ZERO holders will have the option to stake their tokens in the protocol. By doing so, they will be rewarded with additional tokens as an incentive for their participation.
Fees & Validator Rewards: The $ZERO token can be used to accumulate transaction fees and earn fees from validators securing the ZeroLend Hyperchain.
Incentive Programs: The protocol will conduct various incentive programs to encourage users to engage with the platform actively. These programs can offer token rewards or other benefits to participants who perform certain actions, such as providing liquidity, referring new users, or completing specific tasks within the ecosystem.
Integration with DeFi Ecosystem: The token could be integrated with other decentralized finance (DeFi) platforms, allowing users to use it as collateral, participate in yield farming, or leverage its utility within a broader range of applications and services.