Zest Protocol Launch
June 18 – launch delayed to June 19.
New synthetic token launch (Fantasm fork) on Fantom.
❌ No contracts.
- Minting and redeeming will be enabled at this time
- Max supply: 50,000,000 ZSP
- 74.5% ZSP to staking pools
- 7.5% ZSP to dev wallet with 2 years vesting & 4 weeks cliff
- 5% ZSP to ZEST DAO with 2 years vesting with 4 week cliff
- 8% ZSP to Treasury with 1 year vesting
- 5% ZSP for airdrops
- Each minting and redeeming of synthetic assets like FTMz on Zest incurs a 0.30% and 0.50% fee, respectively
- Farmed ZSP have 8 weeks vesting period
- Stakers also earn 50% of the penalty fee from ZSP/FTM and stable pool farmers who claim early
- FTMz is the fractional algo synthetic token, pegged to the price of FTM
- ZSP is the farming / utility token
- Contract: https://docs.zestprotocol.fi/contracts
- Audit / Review: https://aegisaudits.com/audits
- KYC: https://bitdox.finance/certificates/Zest-Protocol-Certficiate.pdf
Audited by Aegis Audits & KYC with Bitdox Finance.