âī¸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
Customize your own reward structure
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 the flexibility it offers in reward distribution: users can choose to swap part or all of their rewards automatically to $ZND tokens. Moreover, they have the freedom to set the reward proportion according to their preference, such as 40% in the staked currency and 60% in $ZND tokens, or even 100% in $ZND tokens.
Choosing to swap their rewards to $ZND tokens not only diversifies the user's portfolio but also comes with an additional bonus. This bonus ranges from 1% to 20% of the reward's value in $ZND tokens, contingent on the proportion of the reward opted for in $ZND. the higher the percentage of the reward to be swapped for $ZND Tokens, the greater the bonus. This structure is an attractive incentive for users to increase their engagement with the ZND ecosystem and its native token.
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.
To calculate the percentage bonus that the user will receive, several global parameters must be used:
Maximum bonus: 20%
Minimum bonus: 0%
Difference: 20% (Maximum bonus - Minimum bonus)
Bonus per 1% ZND Reward: 0,2% ( Difference / 100%)
The next parameter is selected by the user and concerns the decision about what percentage of the reward he wants to convert to $ZND tokens.
Percentage of the reward in the $ZND token: X
Bonus = Percentage of the reward in the $ZND token x Bonus per 1% $ZND Reward
Example:
User decides to swap 60% of earn subscription rewards to $ZND Tokens is bonus will be calculated:
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, catering to individual investment preferences.
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.
