๐Ÿ”ทThe Basics

Seigniorage is set to be the driving force behind the expansion of USDC liquidity on the Base Chain. Departing from the conventional reliance on monetary supply, seigniorage manages token value through carefully calibrated inflation and deflation.

The innovative framework offered by Project Zed takes this concept a step further, refining seigniorage mechanisms and fine-tuning liquidity conditions on the Base Chain. This enhancement not only ensures a more stable and robust ecosystem but also opens up avenues for a broader range of participants to engage in decentralized finance activities.

One noteworthy aspect of this evolution is the integration of the Solidly model, a cutting-edge solution brought to the base chain. This technology adds an extra layer of efficiency to the process, maximizing the benefits derived from seigniorage while minimizing potential drawbacks.

In essence, this synergistic amalgamation of seigniorage, Project ZED, and Solidly marks a pivotal milestone in the evolution of decentralized finance. It sets the stage for a more inclusive, resilient, and efficient financial ecosystem on the Base Chain, ultimately reshaping the way participants interact with and benefit from this innovative technology.

There are two primary tokens.

  • $ZED - This token is the primarily stabilized token of this Seignorage protocol and it is pegged 1:1 with USDC.

  • $ZSHARE - This token is understood as the reward token that is emitted for participants who contribute to $ZED farming.

We will not be incorporating the Bonding system found traditionally in Tomb forks as we believe that is simply a way for investors to lose funds permanently.

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