Zaros (ZRS)

IDO

Last updated: Jun 07, 2024

Zaros is a decentralized exchange (DEX) that integrates perpetual futures with liquidity re(staking) mechanisms to enhance trading and yield opportunities on platforms like Arbitrum. It supports high leverage trading up to 100x and offers cross-margin accounts, using multiple token types as collateral.

Funding Round: $1.8M

Funding Round: $540K

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Overview

Project industry	Exchanges & Wallets / Arbitrum Ecosystem / DeFi / Staking / DEX
Product type	Platform
Founded	Brazil
Whitepaper	Open

What is Zaros

Zaros connects Liquid Re(Staking) Tokens (LSTs & LRTs) with Perpetual Futures, offering opportunities to amplify your yield through our innovative ZLP Vaults. With the ability to trade with leverage of up to 100x, our platform empowers you to take control of your investments like never before.

Whether you're a seasoned trader or new to the world of cryptocurrencies, Zaros is here to maximize your trading potential and enhance your yields on Arbitrum (and soon on Monad).

Why Zaros and what makes us different?

Cross-Margin Trading Accounts
Leverage Trade, FX and Commodities
A DEX with CEX-Like Experience
ZLP Vaults - Market Making Vaults
Create Multiple Trading Accounts
Skew and Open Interest Caps
Native Ecosystem Stablecoin

Details

IDO (FJordfoundry Launchpad): May 29, 2024 - Jun 01, 2024
Pre-sale token supply: 130,200,000 ZRS
Token supply: 1,000,000,000 ZRS
Total tokens for sale: 170,200,000 ZRS
Raised: 2,870,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: Brazil
Registration year: 2022

Token info

Ticker: ZRS
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 ZRS = 0,015 USD
Accepted currencies: USDT
Token distribution:
4% - IDO LBP
13,02% - Investors
15% - Treasury
23,17% - Founders
40,32% - Ecosystem Incentives (zPoints)
0,53% - Core Contributors
1,1% - Future Contributors
2,85% - Advisory
Funds allocation:
70% - ZLP Vaults
15% - veZRS Lockers
10% - DAO Treasury
5% - Buyback and Burn of ZRS