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.
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