Tokenomics

We introduce to you the new LZ and LZP tokens, whose sophisticated token architecture will create a virtuous circle that benefits users in many ways. The system will be the most efficient and benevolent structure to ever hit the market.

LZ Token

The utility and governance token of LaunchZone Ecosystem is LZ.

Token Specification

  • Name: LZ token

  • Ticker: $LZ

  • Network: Binance Smart Chain

  • Spec: BEP-20

  • Total Supply: 50,000,000 $LZ

  • Precision: 18

  • Smart Contract Address: 0x3b78458981eb7260d1f781cb8be2caac7027dbe2

Deflationary Mechanism

  • LaunchZone Team will manually burn $LZ every week to support the long-term price stability and value growth of $LZ.

  • Every transaction of $LZ incurs a 6% tax:

    • 2% to add liquidity to pool: 0x3b78458981eb7260d1f781cb8be2caac7027dbe2

    • 2% for marketing

    • 1% to be burned

    • 1% to be sent to the foundation wallet: 0xa8cd2bc8140a760d4ac81e415e0296f3af7aa752

Locking Mechanism

Users can get LZ (in the locked state) through the token merge event, swapping and yield farming. To unlock LZ and proceed with any further activities, users are required to provide liquidity for LZ trading pairs on main DEXs.

LZP Token

LZP is an inflationary token, which means there is no hard cap on the supply of LZP. The reason behind this decision lies in the primary function of LZP: to incentivize our supporters, users and liquidity providers. However, we have to address the problem of inflation.

To reduce the amount of LZP in circulation, we come up with two solutions:

  • Reducing block emissions: Reducing the amount of LZP made per block

  • Deflationary mechanisms: Regular token burns, and manual burns when needed

Token Specification

  • Name: LZP Token

  • Ticker: $LZP

  • Network: Binance Smart Chain

  • Spec: BEP-20

  • Precision: 18

  • Smart Contract Address: 0x4211959585c8f18b06dab8b5bb0bc825cad4c1de

Deflationary Mechanism

Every transaction of $LZP incurs a 6% tax:

  • 2% to add liquidity to pool: 0x3b78458981eb7260d1f781cb8be2caac7027dbe2

  • 2% for marketing

  • 1% to be burned

  • 1% to be sent to the foundation wallet: 0xa8cd2bc8140a760d4ac81e415e0296f3af7aa752

Locking Mechanism

Users will also get LZP (in the locked state) through the token merge event, airdrops, swapping and yield farming. To unlock LZP and proceed with any further activities, users are required to provide liquidity for LZP trading pairs on main DEXs.

Emission Rate

10 LZP/Block