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Zlot Finance is a platform for Hegic holders with small amounts, to pool their hegic and receive zhegic to represent their share in the pool.
888000 hegic is required to aquire a hegic lot wich pays rewards in btc or ethereum. Your share represents all lots, 13 lots have been aquired by zlot
locking up over 12m hegic, that is 19% of all active lots aquired by zlot. lot rewards ie wbtc and ethereum is sold to buy hegic and is distributed to zhegic holders, creating daily buying pressure on hegic. 71 active lots to date, with over 60m hegic locked in lots.
There is 208m hegic in circulation,over 60m locked in lots and 100m in IBCO contract to be sold(so not really in circulation).
Hegic rewards from staking eth and wbtc on Hegic platform is now locked till 100m in trading is achieved or 11/10/2021.
Selling pressure is decreasing and buying increasing.
Zlot also has 4 pools to stake uniswap lp tokens to farm zlot, the governance token of zlot finance. There are 8888 zlot tokens.
Each pool has an allocation of 555 zlot per week for 4 weeks.Governance is in the process of being set up, when completed zlot holders will receive
10% performance fee from hegic lots accrued by zlot finance.
Zlot Finance is still of the radar, is not listed on coingecko etc and is just on uniswap. The price is at this moment aprox $46 with only 8888 zlot
maximum supply. Metamask etc is needed to interact with zlot finance.
This is my opinion, Hegic will be the number 1 options platform for BTC and Ethereum, just like uniswap is the top Dex, and zlot will be a part of that success with their accumalation of hegic lots.
DYOR and trust no one.