$ZONE is designed to provide governance and utility within the Zonebit platform, ensuring that users have a voice in the future development and direction of the ecosystem. As a governance token, $ZONE allows holders to participate in key decision-making processes, enhancing the decentralized nature of Zonebit.
If staked, $ZONE holders will benefit from increased rakeback on zonebit.com and participate in the $ZONE pool, where the community of players and the holders will be rewarded through various mechanisms, challenges, and competitions. More details can be found below.
Increased Rakeback on Zonebit.com: By staking $ZONE, users can earn APY rewards, incentivizing long-term participation and commitment to the Zonebit ecosystem. This will result in a higher rakeback percentage on Zonebit.com, up to 12%. (default rakeback for all players is 5%)
Hold & stake up to:
$ZONE | Rakeback Increase |
$250 | 1% |
$1.000 | 1.5% |
$2.500 | 2% |
$5.000 | 2.5% |
$10.000 | 3% |
$25.000 | 3.5% |
$50.000 | 4% |
$100.000 | 4.5% |
$250.000 | 5% |
$500.000 and above | 7% |
Please note that increased rakeback for Originals and Crypto futures are excluded.
$Zone DAO: $ZONE holders can participate in governance by staking their tokens and voting on proposals. Each vote is proportional to the number of tokens staked, ensuring that all participants have a voice in the platform's direction. The $ZONE team and holders can present proposals.
‣ DAO Voting/Proposals will take place on snapshot.org and will be announced through the official Zonebit Telegram and Twitter channels.
Buyback & Boost Mechanism: A revolutionary new way to structure $ZONE
governance on Zonebit. Buyback and Burn mechanisms have been slowly killing the
momentum of casino tokens while creating capital inefficiency. So, we will be doing things a bit differently. Here’s how buyback and boost will work;
‣ We will buy back $ZONE with a portion of the casino profits weekly. The exactamount will be announced every week after the buy.
‣ These tokens will be added to the Staking + Community rewards pool.
‣ Players with the highest wager volume on Zonebit will be rewarded $ZONE
with a Weekly Boost.
‣ Every week, a few lucky players who have their $ZONE staked will get an
additional airdrop of $ZONE from the Boost, depending on volume.
‣ Weekly competitions, challenges, and contests on social media channels will be
powered by Weekly Boosts.
‣ The casino will support $ZONE while $ZONE continues to be the core
promoter of the casino. All the capital created by the ecosystem will funnel back into our key stakeholders, players, and community, creating a sustainable environment where both the casino and $ZONE can thrive.
$ZONE Staking Program Options:
Duration | APY | Notes |
15 Days | 8% | ‣ Ideal for those who prefer flexibility with a shorter commitment. |
30 Days | 10% | ‣ A moderate lock-up period offers higher rewards compared to the 15-day option. |
60 Days | 12% | ‣ Encourages a longer commitment with better rewards. |
90 Days | 15% | ‣ The highest available APY is designed for dedicated stakeholders looking for maximum rewards. |
‣ Lock-in Periods: Participants can choose from 15, 30, 60, or 90 days. The longer the
lock-in period, the higher the rewards, in addition to the increased rakeback percentage on Zonebit.com. Unstaking before the lock-in period ends won’t be available to prevent usage manipulation for increased rakeback on our platform.
Example:
-Staking 10,000 $ZONE for 90 Days:
๏ At a 15% APY, you would earn approximately 375 ZONE in rewards
over 90 days. Longer lock-in periods increase staking rewards and boost
your rakeback percentage on the Zonebit platform.
Exclusive Benefits: $ZONE holders will gain access to exclusive events and promotions on Zonebit, regular cash, NFT giveaways, and more. All of these will be announced through Telegram and Twitter channels.
$ZONE is more than just a governance token; it is the key to unlocking a decentralized, community-driven future for Zonebit. With its use cases, fair tokenomics, and commitment to empowering users, $ZONE is poised to become a cornerstone of the Zonebit ecosystem. Join us in shaping the future of crypto trading and gaming with $ZONE, first on Solana and then the rest of the industry.