This is a living document that will continually be edited and updated.
$ZEUS is our native token that rewards holders with a share of protocol profits and is utilized for various utility within our financial suite:
Originally, a total of 20,456,743 ZEUS tokens were created. Below are the values and statements of the distribution of these tokens. After the team came to a conclusion, Zeus Finance chose to migrate to a new token contract, utilizing $ZEUS v2.
ORIGINAL TOKEN ALLOCATION
- 4.9% of the minted tokens went to the rewards distribution pool. This is how we initially paid for the rewards. The current payout, for example, from a Zeus Tier Node is 0.5 ZEUS every 100k blocks (which is approximately 1 day).
- 0.0978% of the minted tokens were sent to the Zeus Finance Treasury. The $ZEUS tokens in the treasury can be used to directly add liquidity to the LP, OTC buying, etc. https://snowtrace.io/address/0xed786f1dbd6cdc3852c76b978124e06b7669a653
- 95% of the minted tokens were burned at the moment of the creation of the contract. The tokens were burned by sending them to a wallet with NO PRIVATE KEY. This will make them unavailable to be used FOREVER. (TXN hash => https://snowtrace.io/token/0x4156f18bf7c1ef04248632c66aa119de152d8f2e?a=0x000000000000000000000000000000000000dead)
Below, you can find some of the basic details about the current $ZEUS token, after migration to v2:
- Token Address: 0x8C3633eE619a42d3755327C2524E4d108838c47f
- Network: Avalanche
- DEX: TraderJoe
- Trading Pair: ZEUS / WAVAX
- Name: Zeus Finance
- Symbol: $ZEUS
- Total Supply: 1,434,958
- Maximum Supply: 3,000,000
- Max Tx: N/A
- Max Wallet: N/A
- Tax: Buy Tax: 0% / Sell Tax: 0% / Compound Tax: 0% / Claim Tax Under 20 Days: 80% / Claim Tax Over 20 Days: 15%
- The token is inflationary and deflationary
Disclaimer - The values and statements made above are indicative only and should not be misconstrued as an offer or guarantee. As we have stated, we are constantly building and doing what we can do provide the best financial suite to our users.