Governance Token

Supply: Limited to: 2 600 000

Estimated Token Price at Launch: $8.86

Minted: Once at the start, but with locks

Distribution

The distribution of the Governance Tokens depends on who it will be distributed to. The reason for using a hard lock before distribution is so the users feel comfortable that the major holders will not sell tokens directly at launch when the price usually spikes, giving a vision to the users that the team and investors are in it for the longevity of the project.

Founders - 1-month hard lock and then 36 months linear vesting.

Company/DAO - Finalised minted pool behind both 72h timelock and multisign

Early Investors - 1-month hard lock and then 14 months linear vesting

Public Presale - 6-month vesting

Community and Marketing- Finalised minted pool behind both 72h timelock and multisign

Staking- Finalised minted pool behind both 72h timelock and multisign

Use Cases

Create DAO proposals

Using the Governance Tokens, the users could create new DAO proposals. The users should need to be able to hold a minimum of X amount of Governance Tokens in order to create a proposal where X depends on the value of the token. This can be updated regularly. As Zeno is a company rather than a DAO, all proposals are purely suggestions.

Vote for DAO proposals

Users holding Governance Tokens should be able to vote on DAO proposals. The snapshot for voting should include staked tokens.

Stake LP

Stake in LP on a designated platform and earn a reward to incentives adding liquidity. Adding to LP and redeeming the LP should be able to be done manually by the user, but also directly on the Dashboard using a Zap function. The platform chosen depends on the chain, but an example would be BSC to add LP on PCS and then stake the LP directly in the Dashboard. At the start, the users earn more Governance Tokens while staking, but as new users start paying for using the platform, this should be shifted towards earning a % of platform fees collected.

Lock Governance Tokens

In the initial phase, there could be an addition to the staking where a user locks their Governance Tokens in order to earn a future % of platform fees collected. This will be a niche staking alternative but could help with the distribution of selling Governance Tokens