Tokenomics & Governance
Last updated
Last updated
Small crypto investors face unique barriers in accessing asset management services, as they are often overlooked by traditional asset managers due to low profitability. This lack of dedicated support forces small investors to rely on impersonal fund-based solutions that lack customization, while frequent cases of fraud and mismanagement in crypto funds have eroded trust. These challenges underscore the need for a transparent, accessible system specifically tailored to meet the needs of smaller investors.
ZOLBO’s Tokenomics & Governance model directly addresses these issues through an innovative dual-token system. By combining ZLB points (as a prepaid utility token for accessing services) and ALC tokens (providing bonuses and governance power), ZOLBO establishes a secure, performance-aligned ecosystem. This structure reduces costs, enhances user control, and fosters a collaborative governance model, ultimately creating a trustworthy asset management environment for crypto investors of all sizes.
ZLB points act as the core utility token within the ZOLBO platform, providing a stable, prepaid method for users to access asset management services. Each ZLB point is pegged to 1 USD, ensuring predictability and stability in transactions. Users can acquire ZLB points through multiple methods, each designed to provide flexibility and cater to diverse needs:
| Methods | Description |
|---|---|
Conversion from ZLB Tokens | Users can exchange ZLB tokens for ZLB points at a 1:1 ratio, offering a direct route to engage with platform services. |
Purchase with ALC Tokens | When purchasing ZLB points with ALC tokens, users receive a 50% bonus, enhancing the value of their purchase and encouraging active participation. |
Cryptocurrency (BTC, ETH, USDT, etc.) | Users can also acquire ZLB points using various major cryptocurrencies at an exchange rate of 1 ZLB = 1 USDT. No bonus is provided with this method.exchanges. |
Credit Card & other USD payment methods | ZOLBO allows users to buy ZLB points directly with fiat currency (USD) at a rate of 1 ZLB = 1 USD, ensuring easy access. |
Through this flexible acquisition model, ZOLBO’s prepaid point system not only enhances accessibility but also aligns manager and investor interests. Points are only deducted when performance targets are met, ensuring that managers remain incentivized to maximize investor returns.
ALC tokens play an essential role within the ZOLBO ecosystem, primarily designed to increase user engagement by providing bonus benefits. Issued in a single, one-time issuance with a fixed supply, ALC tokens allow users to receive a 50% bonus on ZLB point purchases. This feature enhances the purchasing power of active participants and rewards those who hold ALC tokens.
The reference price for ALC tokens during transactions is determined as follows:
| Price reference | Description |
|---|---|
Exchange Price | If ALC tokens are listed on a public exchange, the exchange’s market price will serve as the reference price. If ALC tokens are listed on multiple exchanges, a price index will be calculated as the weighted average based on each exchange's daily trading volume. |
DEX Public Sale | If ALC tokens are not exchange-listed, a public sale will be conducted on a designated DEX. Any unsold tokens from the initial token sale will be offered in this public sale. The Loonshot Council will determine the specific DEX, sale price, and token quantity. |
This pricing model ensures fair access to ALC tokens, allowing users to leverage their bonus capabilities in a transparent and equitable manner.
ZOLBO’s governance is managed by a decentralized model called the Loonshot Council, where voting power is based on users' ZLB point usage over the past 100 days. This approach ensures that governance influence is aligned with active participation, granting a greater voice to those who are most engaged with the platform.
The voting power calculation is structured as follows:
Where:
ZLB Point Usage: This represents the total amount of ZLB points used by the user each day within the platform.
Weight of Day: A time-based factor that starts at 100% on Day 1 and decreases by 1% each day, reaching a minimum weight of 1% on Day 100.
This formula prioritizes recent activity, ensuring that active and engaged users retain more governance power. This system fosters a dynamic, community-oriented governance structure, where decisions are made by those who have a vested interest in the platform’s success.
The governance of the ZOLBO platform is managed by the Loonshot Council, which operates with a community-driven approach to ensure transparent and democratic decision-making that reflects the perspectives of ZOLBO users. The Loonshot Council convenes through both annual general meetings and ad-hoc sessions as needed, with agenda items submitted by the ZOLBO community.
The Loonshot Council holds a regular annual general meeting every April 1st, also known as April Fool’s Day. This meeting serves as a key event for discussing major proposals and strategic decisions for the platform. All community members are encouraged to participate, providing a collaborative environment for guiding the future direction of ZOLBO.
Agenda items for meetings can be submitted through ZOLBO’s official Discord community. This process allows community members to actively engage in decision-making and submit their ideas for platform improvement.
In cases where urgent decisions are necessary, the Loonshot Council can convene ad-hoc meetings. These sessions are triggered when at least 30% of the voting power agrees on the need for an emergency meeting. As with regular meetings, agenda items for ad-hoc sessions can also be proposed through the Discord community, ensuring rapid and responsive decision-making that includes community input.
The ZOLBO operational team maintains a stable 30% share of the voting power, ensuring balanced governance between community-driven decisions and operational oversight.
Proposal Approval: For a proposal to pass, it must receive majority approval among the participating voting power, supporting a democratic decision-making process.
Whitepaper Modifications: To make changes to the whitepaper or incorporate new content, a higher threshold of at least 60% voting power in favor is required. This ensures that only well-supported changes are made to the foundational document of the platform.
This structured governance framework enhances transparency and empowers ZOLBO users to actively participate in shaping the platform’s evolution.
The value structure of ZOLBO's token system is designed to ensure that both ZLB points and ALC tokens hold intrinsic value, driven by their utility within the platform and the growth of the ZOLBO ecosystem. Each token’s value is rooted in its use case, pricing mechanisms, and contribution to the platform’s governance and overall success.
