Farming
Last updated
Last updated
Earn up to 20% additional bonus in $ZND tokens
Transform rewards and become a $ZND holder
Substantial buying pressure for $ZND on the market
Enhanced appeal of the Earn service
The farming mechanism in the ZND ecosystem offers a unique and enticing opportunity for users holding various crypto assets who wish to acquire $ZND tokens without directly purchasing them from the market using their own funds. This feature is smoothly integrated into the platform's "Earn" service. Here, users can "freeze" their existing assets such as BTC, ETH in a chosen plan. A novel aspect of this mechanism is its streamlined approach to reward distribution: users can choose to swap either 50% or 100% of their rewards automatically into $ZND tokens. This system is designed to provide flexibility while maximizing incentives, allowing users to benefit from token bonuses and contribute to market demand for $ZND through their selected proportion of rewards.
Choosing to swap rewards to $ZND tokens not only diversifies a user's portfolio but also provides significant bonuses. Users opting for 50% farming receive a 10% bonus in $ZND tokens, while those choosing 100% farming are rewarded with a 20% bonus. This structure encourages higher engagement with the ZND ecosystem and drives demand for its native token, making it a compelling incentive for active participants.
An interesting dynamic unfolds when a user opts to swap their reward into $ZND tokens, instead of getting it in the currency of their initial investment. In this case, the user will receive the reward on their account, which is then automatically converted into the $ZND token on the open market. This process creates buying pressure for the ZND token on the market. Conversely, the additional bonus awarded to users is drawn from a distinct allocation pool within the ZND ecosystem, termed the "Ecosystem Incentives".
This strategy affects the $ZND token market in two main ways. First, users choose to buy tokens from the open market to receive extra bonus support, potentially increasing the market demand and value of the $ZND token. Second, the maximum bonus amount is limited to 20% of the purchased tokens, preventing excessive selling pressure. This system ensures that user buying greatly exceeds any selling pressure from bonus distribution. As a result, it creates a healthy and sustainable economic environment for the $ZND token, effectively balancing market dynamics.
Portfolio Diversification
The farming mechanism allows users to diversify their investment portfolio by offering exchange part or whole rewards to $ZND tokens in addition to the earn currency.
Flexible Reward Options
Users have the flexibility to choose their reward proportions between the staked currency and $ZND tokens.
Bonus Incentives
Opting for rewards in $ZND tokens provides users with additional bonuses, increasing the appeal of the farming mechanism.
Long-Term Holder Creation
Encourages users to become long-term holders of $ZND tokens, fostering a committed user base within the ecosystem.
Market Demand Support
The mechanism supports market demand for $ZND tokens by purchasing them from users in the open market.
Balanced Impact
With a cap on the bonus amount, the mechanism ensures that it does not create excessive selling pressure on the $ZND token.
Enhanced Attractiveness of 'Earn' Service
The potential for higher earnings through bonuses makes the 'Earn' service more attractive to users, incentivizing greater participation.
