
Zealous (ZEAL) Price
Zealous#541ZEAL Info
1. Project introduction
Zealous Swap is a next-generation decentralized exchange designed specifically for the emerging Kaspa blockchain ecosystem. It features strategic V2 architecture and innovative NFT-based fee mechanics through a partnership with Nacho. The platform emphasizes deep liquidity, user accessibility, and aligned economic incentives to resolve liquidity cold-start problems and foster a robust DeFi ecosystem on Kaspa. Key innovations include Flash Swaps to enable sophisticated trading without upfront capital, and a Modular-Fee Engine that adapts fees based on token volatility, enhancing trading efficiency and liquidity depth. The team is focused on long-term sustainability and premier decentralized trading infrastructure.
2. Team introduction
Louis Saad
- Founder
- Lead of Zealous Swap, focusing on creating a decentralized exchange supporting Kaspa's growth.
Ramy Lahoud
- Founder
- Experienced in blockchain and decentralized finance, driving platform development.
3. Token application and distribution
Token application:
The Zealous Swap token facilitates multiple utilities, including enabling advanced trading strategies such as Flash Swaps, which allow traders to leverage borrowed tokens within single transactions without upfront capital. It also underpins the Modular-Fee Engine that customizes fees according to token pair volatility, supporting efficient trading and liquidity provision. Additionally, the token economics align ecosystem participants through economic incentives and potential DAO governance integration in future updates.
Token distribution:
Yield Farming & Protocol Incentives (42%)
- Farms: 24% (57,600,000 tokens), distributed gradually over 6–8 years, designed to incentivize long-term liquidity provision and protocol participation
- Infinity Pool: 18% (43,200,000 tokens), Distributed gradually over 6–8 years, Rewards sustainable protocol engagement and token staking
Protocol Security & Development (32%)
- Insurance Fund: 3% (7,200,000 tokens), Permanently locked reserve available only during protocol emergencies, Serves as a safety mechanism to protect users and maintain stability
- Zeal Liquidity Pool & Exchange Listings: 9% (21,600,000 tokens), Allocated to ensure sufficient market liquidity and exchange availability
- Sale: 20% (48,000,000 tokens) (Nacho Team will hold the tokens and organize the sale on Kaspa.com). 70% of the collected funds will go to bootstrapping initial liquidity into the protocol. 30% will go to development and audits
Team & Partners (16%)
- Core Team: 10% (24,000,000 tokens), Locked for 4 years (For the first 2 years, tokens can't be sold—after that, they unlock gradually over the next 2 years. This ensures long-term alignment and stability for the project)
- Nacho Creators: 1% per creator (9,600,000 tokens), Strategic partnership allocation
- Nacho Community Fund: 1% (2,400,000 tokens), adds value to the Nacho community for future collaborations, marketing, and ecosystem growth
- Community Management Rewards: 1% (2,400,000 tokens), Distributed monthly over 1 year to active community managers and moderators, Incentivizes quality community building and sustainable protocol governance, Equal monthly distributions of 200,000 tokens
FAQ
ZEAL Faces Macro Headwinds Amidst Liquidity Exhaustion
Trade ZEAL
Commentary
Total comments: 0
No comments yet
Be the first one to comment