Tokenomics

ZEND has a fixed lifetime token supply of 100,000,000.

Fig 1. ZEND Token Distribution

Public and Private Investors — 17% (2 years vesting period)

Allocation to over 20 high-quality institutional investors and angel investors, with the following vesting schedule:

• Seed Investors (6%): 0% unlock upon listing + daily vesting for 24 months

• Strategic Investors (11%): 8% unlock upon listing + daily vesting for 24 months

Team and Advisors — 15% (3 years vesting period)

Allocation for the founding team and the board of advisors, with the following vesting schedule:

• Team: 0% unlock upon listing + 6-month cliff + quarterly vesting for 36 months

• Advisors: 0% unlock upon listing + 6-month cliff + quarterly vesting for 36 months

Staking and Distribution Rewards — 35% (no vesting, rewards unlock schedule subject to the requirements of specific campaigns)

Allocation earmarked for staking rewards, deposit campaign rewards, distribution rewards and other incentive programmes. No vesting schedule applies, but each rewards and incentives program may apply its own unlocking schedule.

Example of unlock schedule

• Airdrop Season 1: 25% unlock upon listing + continuous vesting for 90 days (for users)

Ecosystem — 33% (5 years vesting period)

Allocation to fund ecosystem partnership, payment for service partners, operating expenses and protocols’ future expansion, with the following vesting schedule:

Fig 2. ZEND Circulating Supply