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Tokenomics

The ZFI token is intrinsically tied to the Zyfai protocol and lies at the center of the Zyfai ecosystem.

đź’ˇContract Addresses

CA on ZKsync: 0x5d0d7bca050e2e98fd4a5e8d3ba823b49f39868d
CA on Base: 0xD080eD3c74a20250a2c9821885203034ACD2D5ae

You can hold ZFI, receive it as rZFI (reward ZFI) incentives or stake it as stZFI (staked ZFI) for additional utility.

Current total supply: 499,367,705 ZFI (initial 500M ZFI minus burned tokens).

It is shared between 2 chains: Base & ZKsync Era. You can easily bridge your token from one chain to another using Zyfai bridge, powered by Layer Zero.

Tokenomics​

ZFI tokenomics follows community-first approach, with 58% of the total supply allocated to the community as the core contributor to the Zyfai ecosystem.

A significant portion of both investors’ and team members’ tokens are vested over an extended period to ensure long-term alignment with the protocol’s value proposition.

The TGE took place on November 19, 2024.

Early Private Investors (17%):

  • Seed Round (6%): 5-month lock-up, 3% unlocked 7 days after TGE, followed by 21 months of linear vesting.
  • Private (9%): 4-month lock-up, 3% unlocked 7 days after TGE, followed by 18 months of linear vesting.
  • KOL Round (2%): No lock-up, 25% unlocked at TGE with 6 months of linear vesting.

Community Sale (3.75%):

  • Provides the Zyfai community an opportunity to invest: 25% unlocked at TGE, followed by 6 months of linear vesting.

Founding Team (14%):

  • Builds Zyfai protocol, drives integrations, and delivers optimal onchain experiences: 6-month lock-up with 36 months of linear vesting.

Advisors (5.5%):

  • Provides strategic guidance to support the development of the Zyfai protocol: 6-month lock-up with 26 months of linear vesting.

Airdrop (11%):

  • To reward early Zyfai users: 29.55% unlocked at TGE, followed by 6 months of linear vesting.

DAO (33%):

  • Managed by ZFI stakers for strategic decisions, fee activation, and reward allocation: No unlock at TGE, with 120 months of linear vesting.

Company (8%):

  • R&D, operational costs and marketing initiatives: No unlock at TGE, with 12 months of linear vesting.

Liquidity (7.75%):

  • Liquidity reserves for CEX & DEX provision: 50% unlocked at TGE, followed by 6 months of linear vesting.

ZFI Burning program (sunsetted)​

In September, the DAO approved Buyback & Burn program, under which 50% of collected performance fees were burned.

During the program, a total of 632,295 ZFI was burned, permanently removing these tokens from the total supply:

  • October: 255,350 ZFI
  • November: 244,707 ZFI
  • December: 132,238 ZFI

As a result, the total supply is now 499,367,705 ZFI.

In January, the DAO approved an updated protocol fee allocation model, replacing Buyback & Burn program with direct USDC yield for ZFI stakers.