Tokenomics 2.1
Ziesha Protocol’s tokens are designed to create a sustainable and robust ecosystem alongside its PoS consensus mechanism. Leveraging the power of proof-of-stake, Ziesha Protocol incentivizes its holders to participate in network security and rewards them for doing so.
Ziesha Protocol’s PoS consensus + tokenomics design = sustainable & thriving ecosystem.
This powerful combination creates a strong foundation for our ecosystem, enabling us to achieve our mission of creating a decentralized, secure and efficient platform for our users. Our PoS consensus mechanism provides a more energy-efficient and cost-effective way of securing our network, while our tokenomics ensures a fair distribution of rewards and encourages active participation. We believe that this will help us build a sustainable and thriving ecosystem that benefits all our users. Join us in our journey towards a better decentralized future!
Here is the chart depicting the token distribution:
During the transition from PoW to PoS consensus, we made significant changes to our tokenomics to ensure a more sustainable and fair distribution of rewards. However, since then, we have made some new additions and modifications to our tokenomics that we would like to share.
When we were using the PoW consensus, we announced the details of our tokenomics. In this post, we would like to highlight some new developments and unknown details about our tokenomics.
PenhanLabs
We are excited to announce the establishment of PenhanLabs, a development community created to enhance the Ziesha Protocol. PenhanLabs will focus on building and improving the protocol’s features, providing technical support to users and developers, and fostering innovation within the ecosystem.
We believe that PenhanLabs will play a vital role in driving the Ziesha Protocol’s growth and making it a leading platform in the decentralized world. Stay tuned for more updates on this exciting development!
Delegation Programs & Validator Sale
Delegation programs are designed to encourage more active participation in the Ziesha Network and enhance its security.
Under these programs, token holders can delegate their tokens to validators, who will use them to participate in the network’s consensus and earn rewards. By delegating tokens, holders can participate in the network without having to run their own validator nodes, which require technical expertise and resources. Validators will also receive a portion of the rewards for their participation in the consensus.
We believe that delegation programs will not only enhance the network’s security but also foster a more engaged and active community within the Ziesha ecosystem.
We are excited to launch these programs and encourage our community to participate actively in our network. Stay tuned for more updates on our delegation programs and other exciting developments!
You can reach out to us through our community channels to discuss and receive more detailed information on our tokenomics. We welcome any questions or feedback from our community, as we strive to create a transparent and thriving ecosystem together.
Towards a lighter blockchain!❄️
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