Q3: As far as we know there are 3 types of tokens: $ ZZZ, $ NAP, $ DREAM, normally a project they use a native token so can u can tell us what the reason is for the project to use 3 types of tokens ? and what is the purpose of it and what is it possible to use on the ecosystem?
I Would love to explain this in depth here so bare with me
Why did we create it ? And why not do it with NAP ?
We want to grow. All of us. The community. The ecosystem. The yield farm. The partnerships. Everything.
ZZZ also works as a global multiplier in the wallet and is known as a global effect, with some exceptions based on the needs of the individual pool.
The following tiered bonus structure applies:
1 ZZZ= 2%
5 ZZZ= 10%
10 ZZZ= 30%
20 ZZZ= 60%
ZZZ is king. ZZZ will always be king. We will do everything to ensure this. No matter what we build, ZZZ will always become bigger and more powerful. It will be the decentralized governance power that controls the future of the project. And, now, we have added an additional use-case:
So why create NAP ?
We decided to go with a self sustaining ecosystem where the multipliers spent (NAP) will be distributed back into the ecosystem at a ratio of 50% to fund rewards for future Pools, and 50% towards the Dev Fund to fund the future initiatives, project needs, and community proposals that will be voted on through our upcoming, decentralized governance system.
This ensures the long term health and viability of the ZZZ ecosystem, thus allowing us to enrich the governance model where we are able to afford the swift execution and implementation of the proposals voted on by our community Holders.
Most importantly, everyone may decide for themselves if they wish to apply the NAP multiplier and, by doing so, not only get better rewards, but also make the project grow by fostering development and more pools.
The idea of a self-sustaining, growing ecosystem model without inflation puts us in a very unique position and sets the ZZZ protocol apart from other major yield farming projects out there in the DeFi space in both stability and sustainability.
Why dream token ?
Simple really, Dream is minted inside the pools as reward in dreamswap much like others, and we will continue the pools until we have enough supply for our gamification utility and potential Dex.
Also 2/3 of the staking fees on Dreamswap go directly to the community ! With 1/3 going back to the dev fund
dreamswap was created off of the idea of aggressive farming, but in a sustainable way. Think of sushi and kimchi issues with hyperinflation, as it hyperinflates their main token, it has a direct effect on its whole ecosystem, where what we have done is added this aggressive yeild farming technique as an added layer to our already established ecosystem. It’s inflation won’t affect ZZZ or NAP, but it’s staking fees will be what buys back the airdrops and dividends to ZZZ holders.
Dream will have multiple utility cases and it’s exciting to see where it will go, and even more exciting to see what the community builds off of it with it when governance is in full swing
We created ZZZ, as it’s initial governance token and global multiplier. NAP as an added multiplier that self sustains income in the project and ecosystem and DREAM which allowed us to aggressively yield while developing its multiple utilities
These tokens all compliment one another, ZZZ and NAP is only tradable via eachother.
So in order to use NAP one must be in the ZZZ ecosystem
We have also evidently shown that we value our community members as 2/3 of the revenue made on Dreamswap goes back to token holders in the form of airdrops / rewards and new pools.
And only 1/3 of Dreamswap revenue funds the development.
yes you are trying to build your token vigorously, i believe ZZZ will be king, right now it is at a sizable price, in the future it will continue to grow again