Starknet ecological derivatives protocol ZKX announces the launch of governance token ZKX

ChainCatcher news, the Starknet ecosystem derivative protocol ZKX announced on social media that it will launch the governance token ZKX. Users can obtain governance rights, protocol revenue denominated in USDC, and other community benefits by staking ZKX tokens.

In addition, ZKX announced its governance token economic model. The total supply of ZKX is fixed at 100 million tokens, of which 18% will be distributed as trading rewards through smart contracts and tasks, 17% will be allocated to core contributors representing the ZKX team, 1% to current protocol advisors, 20% will be distributed to early investors who supported ZKX over the past two years, and 20% of the tokens will be allocated to the ZKX treasury, which will be overseen by the ZKX DAO (once formed). 15% will be allocated to the community, and 9% of the ZKX tokens will be specifically used to incentivize users and market makers who provide liquidity to exchanges and AMMs.