⚙️ZND Staking Program
Last updated
Last updated
Exclusively for Loyalty Program Members
High APR with limited availability
Secured rewards for 4 years
Option for early unstaking with a penalty fee
Withdrawal of a large number of $ZND tokens from circulation
Enhancing market stability
The Staking Program in the ZND ecosystem is a key mechanism that encourages token holders to engage with the Platform over the long term. Users can lock ('freeze') their $ZND Tokens for a predetermined duration, during which they accrue rewards (as opposed to with the ‘Earn’ service, where the “frozen” tokens consist of other crypto assets than $ZND Token). These $ZND Tokens are transferred to a dedicated wallet, where they are held until the user requests a withdrawal. The rewards are calculated based on several factors including the Loyalty Tier and the length of the staking period. This strategic function aims to promote long-term commitment to the project and enhance the overall health and stability of the ecosystem.
Participation in the Staking Program requires users to have a unique Loyalty Tier in Loyalty Program, which acts as an access key. This Loyalty Tier can be acquired through different avenues:
Official ZND Token Sale - Participants in any round of the $ZND Token Sale are awarded a lifetime Loyalty Tier in the Loyalty Program, which grant immediate access to the staking program.
Loyalty Program - By completing specific tasks, users of the Platform collect points that can be exchanged for Loyalty Tiers in the Loyalty Program, even if they did not participate in any of the private or public sale rounds of the $ZND Token.
Achieving a higher tier in the Loyalty Program increases the user's Annual Percentage Rate (APR). The higher the tier, the greater the APR Boost, significantly impacting the user's final rewards.
Tier
APR Boost
Basic
1x
Silver
2x
Gold
2,2x
Platinum
2,4x
Diamond
2,6x
Ambassador
3x
Users can choose from various subscription options to freeze their $ZND Tokens for different durations. This flexibility allows users to select a staking plan that best aligns with their strategy and time preferences. The key highlight of these subscription options is the direct correlation between the freezing period and the rewards: The longer the token freezing period, the greater the reward, incentivizing users for their extended commitment.
The Staking Program in the ZND ecosystem includes an additional safeguard in the form of a Penalty Fee. This fee applies when users withdraw their tokens earlier than the specified staking period. The rationale behind this mechanism is to encourage a commitment to the agreed staking duration.
The Penalty Fee structure is intricately designed to be proportional to the staking period, with a higher penalty fee for early withdrawal as the duration of staking increases. By imposing a higher penalty for longer staking periods, users are encouraged to seriously consider their capacity to commit for the full term before opting into a longer staking plan. Additionally, early withdrawals can impact the token ecosystem's market dynamics and overall health. The Penalty Fee thus acts as a deterrent against frequent and premature withdrawals, contributing to the ecosystem's overall stability and growth.
Penalty Fee will be collected in $ZND tokens and utilized to finance the Special Pool.
Staking Duration
Share Boost
Penalty Fee
30 days
1
1%
90 days
1,5x
3%
180 days
2x
6%
360 days
3x
12%
The ZND Token Staking Program's funding is designed to ensure sustainability and robustness. It will be supported through a combination of sources, meticulously planned to provide a steady and reliable foundation for the program.
At the core of the financing strategy is a dedicated pool of $ZND tokens called Ecosystem Incentives. These tokens are securely held in a smart contract and scheduled to be released gradually over several months. This methodical disbursement ensures a consistent supply of rewards for the Staking Program, maintaining its attractiveness and viability over the long term.
Alongside the dedicated token pool, the Issuer will be adding from time to time an additional pool of $ZND tokens to the rewards, sourced from a portion of the fees paid by users on the platform in $ZND token.
The ZND platform offers six staking program plans for the $ZND token: Basic, Silver, Gold, Platinum, Diamond, and Ambassador. Each plan includes four subscription options with a different duration, resulting in 24 unique staking options, each with its own APR.
The APR calculation starts with determining the share of the prize pool for each subscription option (all 24 options). This is done using the following formula:
Example Calculation:
Example For the Diamond Plan with a 180-day subscription:
- Number of $ZND tokens staked: 1,500 $ZND
- APR boost for Diamond Plan: 2.6
- Share boost for 180-day subscription: 2
The next step is to calculate the reward that will be distributed among users staking ZND tokens in each subscription option.
Reward for a Specific Subscription Option = (Pool Share of the specific subscription option) x 100 / (Total pool shares of all subscription options)
The APR calculation begins with determining the share of the reward pool for each subscription option (all 24 options). This is done using the following formula:
Example Calculation:
- For the Diamond Plan with a 180-day subscription:
- Pool Share: 7800
- Total Pool Shares (sum of all options): 22,000
If the total daily reward pool to be distributed is, for example, 100,000 $ZND, then the amount allotted to users staking in the Diamond Plan with a 180-day subscription would be 35,450 $ZND.