Kaizen Token Utility
The Kaizen Token (KZN) is a versatile utility token designed to enhance the user experience within the Kaizen ecosystem. It provides various benefits and functionalities, ensuring that users are rewarded for their engagement and contributions. Below are the detailed utilities of the KZN Token:
Staking for Access to Features
Staking the KZN Token unlocks additional features and benefits on the platform. By staking tokens, users can access higher staking ranks, which offer various perks and multipliers.
Staking Ranks: Check out the different staking ranks to see the detailed breakdown of benefits associated with each level. Higher ranks provide greater access to exclusive features and enhanced rewards.
The DAO
The KZN token can be used for voting rights on proposals to bring new features to the platform. The voting rights will be given based on tokens staked and volume generated from the bot.
All users will be able to vote but by having the KZN token your are able to comment on proposals and your vote carries a lot more weight.
Voters will also have the power to submit proposals of there own and if there are enough votes the council will have a review of the proposal.
Zen Points
Staking any amount of the KZN Token earns users daily points, contributing to the overall gamification of the platform. These points can be used for various rewards and benefits, encouraging continuous engagement.
Daily Points: Users earn points daily based on the amount of tokens staked.
Multipliers: Higher staking ranks come with multipliers that increase the points earned, providing additional incentives for users to reach higher ranks.
Deflationary Tokenomics
The KZN Token features a deflationary model, which helps in maintaining the token's value over time by creating a constant buy pressure.
Fee Utilisation: 10% of the fee collected from the Kaizen Bot is used to buy back the token and burn it. This reduces the total supply of the token, increasing its scarcity and potentially its value.
Buy Pressure: The continuous buy-back mechanism creates ongoing demand for the token, supporting its price and rewarding holders.
OTC Buys for early Investors: Part of the fee will be used to buy tokens off investors in the presale rounds to reduce sell pressure.
Summary
The KZN Token is a cornerstone of the Kaizen ecosystem, offering multiple utilities that enhance user engagement and platform growth. By staking the token, users unlock higher features and benefits, earn daily gamification points, and contribute to a deflationary Tokenomics model that supports the token's value. These utilities ensure that the KZN Token remains a valuable and integral part of the platform, driving user participation and long-term sustainability.
Detailed Breakdown of Token Utilities
1. Staking for Access to Features
Staking Ranks and Benefits:
Rank 1
1,000
Basic access, daily points earning
Rank 2
5,000
Increased points multiplier, access to advanced features
Rank 3
10,000
Higher points multiplier, exclusive feature access
Rank 4
25,000
Maximum points multiplier, VIP features, priority support
2. Gamification Points
Earning Points:
Activity
Points Earned
Daily Staking
Points based on amount staked
Higher Staking Ranks
Additional multipliers applied to points
Example of Points Multiplier:
Rank 1
1.0x
Rank 2
1.2x
Rank 3
1.5x
Rank 4
2.0x
3. Deflationary Tokenomics
Mechanism:
Fee Allocation: 7.5% of bot fees are allocated to buy back and burn KZN Tokens.
Impact: Reduces total supply, increases scarcity, supports token price.
Benefits:
Increased Scarcity: Reduced supply through token burns.
Sustained Value: Continuous buy pressure supports token value.
The KZN Token is integral to the Kaizen ecosystem, providing essential utilities that drive user engagement and platform growth. Through staking, gamification, and a deflationary model, the token ensures that users are continuously rewarded and the ecosystem remains robust and sustainable.
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