ZEN Token (ZEN) is a native asset of Zenit World, a platform designed to democratize crypto trading by making advanced strategies and technologies accessible to everyone. Whether you’re a seasoned digital asset trader or just beginning your journey, learn everything you need to know about ZEN tokens, their purpose, and their potential to revolutionize the way we trade and interact with digital currency.
But first, let’s look at what the ZEN Token is.
What is a ZEN Token?
ZEN is the native token of the Zenit World platform issued on the Polygon network (MATIC). It serves as a deflationary asset that represents the growth of the project and provides access to all services and benefits of the platform.
What is an sZEN Token?
An sZEN (staked ZEN) is a special, non-transferable token earned by users who stake their ZEN tokens within the Zenit World platform. The amount of sZEN received directly correlates with the duration of your staked ZEN tokens, effectively defining your share of staking rewards and account tier. This unique system incentivizes longer-term participation in the Zenit World ecosystem.
Because you hold sZEN, you can gain access to all of the benefits and services provided by Zenit World, which include swapping, copy trading, and community fee redistribution.
Features of the ZEN Token
- Deflationary Asset: ZEN Token’s total supply decreases over time, unlike inflationary assets, whose supply generally increases.
- Access All Services: With ZEN, you gain full access to the range of services and benefits offered by Zenit World.
- Total Supply And Distribution: The total supply of ZEN is 153,000,000 tokens therefore, rest assured that it is carefully distributed to preserve its uniqueness and value.
Benefits of sZEN:
- Increased Staking Rewards: Enjoy higher rewards on your staked ZEN tokens, maximizing your earnings potential.
- Reduced Fees: Benefit from lower fees on various platform services, translating to reduced costs on crypto trades and transactions.
- Exclusive Access: Gain access to exclusive features and benefits reserved for sZEN holders, such as participation in special events and communities.
- Governance: ZEN holders could have the right to participate in the platform’s governance, vote on key decisions, and shape its future development.
How To Progress Through Zenit World’s Tier System?
The Zenit World platform rewards your loyalty and commitment with a five-tier system based on your holdings of sZEN. So, when you lock up your sZEN for a minimum of 30 days and a maximum of 4 years, you qualify for more sZEN. The longer the lockup period, the higher the amount of sZEN received. Each tier unlocks progressively greater benefits, encouraging you to increase your stake and delve deeper into the Zenit World ecosystem.
Climb the tiers and reap the rewards:
- Tier 1: Enjoy basic platform functionalities and participate in the Zenit community.
- Tier 2: Access lower transaction fees and participate in exclusive events.
- Tier 3: Unlock higher exchange limits and enjoy priority customer support.
- Tier 4: Gain access to exclusive trading opportunities and personalized recommendations.
- Tier 5: Experience the ultimate Zenit World benefits and VIP access.
By actively engaging with the platform and holding sZEN, you unlock the full potential of the Zenit World tier system. It’s a win-win situation where you enjoy significant advantages while contributing to the growth and development of the platform.
The Future of ZEN Token
Zenit World is ambitious, aiming to become the go-to platform for crypto trading and community building. ZEN Token might hold the potential to improve the crypto trading landscape by making it accessible for everyone.
Follow Zenit World on social media to stay up-to-date on the latest news and trends in the industry.
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