Calling all Degen Farmers !! Let’s Farm $ZOM on 20th September

By Zoom Protocol | ZOM | 20 Sep 2020


 

 

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What is ZOM?

ZOM is the native asset of the Zoom Protocol. Zoom protocol is developed as a community-driven project which will be managed, governed, and further developed by the community. ZOM will be the ERC-20 token issued by Zoom Protocol and will be used for governance, staking as well as rewards for liquidity mining.

Just a couple of days back, we had successfully concluded our token sales and we are now listed in uniswap as well.

Sounds like all those shills you read daily. So you may think what’s make us special.

Well that’s our Tokenomics

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The total supply of ZOM token is capped to 1,000,000.

Less than 1% of the ZOM was offered to the public and just 4% of the token was allocated for the team.

95% of the total token Supply has been allocated for Liquidity Mining and Governance reserve.

That means you have the chance to mine 90% of the total ZOM Treasure Trove.

Now since we have your attention !! You will be eager to know which all way you can mine.

Daily, we will be allocating a fixed number of ZOM tokens for the community to be mined.

There are two ways to do this:

1. As a liquidity provider

If you don’t know about liquidity providers, they are the ones who supply liquidity to the uniswap contracts which help to maintain healthy price support to any projects.

This is the most crucial part of any project, as a healthy and stable price for the asset attracts more investors which in turn adds more value for the project.

Therefore we will assign the maximum portion of daily mining allocation to these brave farmers who will provide stability to our token price.

All you have to do is to create the liquidity in uniswap , deposit those ZOM/ETH LP tokens in the farming page of Zoom protocol and you can farm the share of ZOM as per the percentage of the liquidity you have provided. The liquidity provides by the team will not be counted in mining to maximize your return.

2. Stake and earn ZOM

As the heading suggests, all you have to do is to stake your ZOM tokens in the farming page of Zoom protocol and you can daily earn a portion of the ZOM allocated for the “Stake and earn ZOM” segment.

Simple as that.

We will have the liquidity mining features started within a single-digit number of days, and then will roll out the staking mining with more governance features.

From mining day 0,

200 of ZOM tokens will be rewarded to liquidity providers daily for the first 5 days, after that the daily reward will drop to 100 till the governance board LIVE so the community can vote to decide the daily emission.

Lets ZOM

 

 

Twitter: @ZoomProtocol

Telegram: https://t.me/ZoomProtocolOfficial

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Zoom protocol is developed as a community-driven project which will be managed, governed, and further developed by the community. You can visit https://zoomprotocol.com/ for a better experience


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