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Zealous (ZEAL) Price

Zealous#541
DeFi
AMM
Kaspa
DEX
00.00%USD
*Data is for reference only
Circulating Market Cap (USD)--
Total Market Cap (USD)--
Circulating Supply51.10M
Issue Date2025-04-24
24H Volume (USD)--
Total Supply240.00M

ZEAL 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

What time does ZEAL open?
Unlike the traditional stock market, Zealous (ZEAL) does not have specific "opening" or "closing" times, as it operates on a decentralized network and trades 24/7 all year round.
AIAI Research

ZEAL Faces Macro Headwinds Amidst Liquidity Exhaustion

AMM
APY0%

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