As the global on-chain revolution continues, a greater share of the worlds population is entering web3. Having an effective consumer gateway where users can explore and earn from new and established web3 projects, engage in industry consumer narratives such as memecoins, and buy into vetted projects early on, is crucial to continuing the migration of the consumer from web2 to web3.
Similar to each of ZAP’s products—DROPS, LAUNCH, and LABS—the $ZAP token is a core part of the ZAP offering.
ZAP has created its platform and tokenomics with the following principles at its core:
Staking $ZAP entitles users to an array of benefits and rewards across the ZAP ecosystem. The first, and primary, benefit of having $ZAP staked is the passive yield, proportional to the amount staked in their chosen tier. This yield comes from the community treasury, which is vested over equally 4 years.
Additional benefits include more passive yields from ecosystem activity and proactive utility from interacting with ZAP and selected partner platforms.
The ZAP Staking program is designed to incentivise and reward ZAP token holders for on-chain activity, promoting growth across the broader web3 ecosystem. Users do not have to pick which area aligns more closely to their interests or objectives, or split their $ZAP across different staking options to maximise earning potential. One simple staking option provides exposure and upside across the entire ecosystem.