zkSync id

Buyback and burn mechanism

We will follow various ways to buy back and burn tokens:
  • Zealy rewards: Users can convert their zealy XP points to tokens every month. These reward tokens are purchased at open orderbook using the platform revenue incentivizing the most active participants.
  • We have multiple utilities planned to be launched over the next few months followed by the first launchpad having a fully on-chain referral system. Revenue from these utilities will be used to buyback and burn tokens.
  • These launches include real-yield portal where users can earn ZKID tokens, These tokens will also be purchased back from the market using platform's revenue for distribution.
  • DAO participants can decide the buyback and burn percentage using public voting polls on-chain.