Zest Protocol LP Farms Launch
PROJECT IS ACTIVE
New synthetic token launch (Fantasm Fork) on Fantom.
Launch is on June 23, time is TBA. This time is a placeholder.
- 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