Reward ZFI (rZFI)
All the details about rZFI and it's value proposition.
Reward ZFI (rZFI) is a time-locked, non-transferable version of the ZFI token used to reward users who deposit assets into ZyFAI Smart Wallets, powered by autonomous agents. It is designed to support ZyFAI’s long-term growth by incentivizing Total Value Locked (TVL) across all supported networks. (Base and Sonic as of now)
This reward mechanism was approved by ZyFAI Improvement Proposal, ZIP: TVL Incentive Program via rZFI and allocates 5% of the total ZFI supply (25,000,000 ZFI) to a programmable, claim-based system. It is inspired by the rEUL mechanism from Euler Finance but tailored to ZyFAI’s agent-based architecture and multi-chain strategy.
How It Works
Each rZFI token represents a future claim on ZFI with a specific unlock logic:
Non-transferable: rZFI cannot be traded or transferred between users.
Claim-based unlock:
20% unlocks immediately upon claim.
80% unlocks linearly over 6 months.
Early redemption penalty:
If a user redeems rZFI before full vesting, only the unlocked portion is received.
The remaining locked tokens are sent back to the ZyFAI DAO multisig (removed from the program).
Each rZFI claim starts its own independent unlock schedule, making rZFI non-fungible despite its ERC-20 appearance.
Example
Suppose Emma earns 1,000 rZFI after depositing into ZyFAI Smart Wallets. She claims it to her wallet on August 11:
Immediate redemption: She can redeem 200 ZFI (20%) right away but she loses the remaining 80%.
Full vesting: If she waits the full 6-month period, she can redeem all 1,000 ZFI.
Partial redemption: At any time during the vesting, she can redeem the proportionally unlocked ZFI. For example, after 3 months, ~600 ZFI would be redeemable (20% upfront + 50% of the remaining 80%).
Earning rZFI
rZFI is distributed through Merkl incentives, which reward users based on the total AUM across all ZyFAI Smart Wallets, regardless of the network. Even though Phase 1 distribution occurs on Base, your TVL on other supported networks (e.g., Sonic...) is still counted.
Key Details:
Campaign Start: August 11
Phase 1:
2,500,000 rZFI distributed over 2 months
~41,667 rZFI/day
~15% additional APR at current price/TVL
Claiming: rZFI can be claimed directly through the ZyFAI Dashboard
Governance & Flexibility
The rZFI reward program is managed by a Reward Committee operated by Ondefy Ltd, with full discretion to adjust parameters such as:
Unlock logic
Emission rates
Eligibility filters
Distribution cadence
Any major change in scope or allocation will require a new DAO vote.
Security
The smart contracts for rZFI have been audited by independent experts. You can read the full audit here.
FAQ
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