NEZO Token

This document is a live document and will be constantly updated to align with the evolving goals and development progress of the NezoHub project.

Overview

NezoHub Token ($NEZO) is the native utility token of the NezoHub ecosystem, central to its functionality and operations. The $NEZO token has a fixed supply of 100,000,000, carefully distributed to support the ecosystem's long-term growth.

Token Utility

• Ecosystem Fees: $NEZO is used to pay various ecosystem fees, including those on the Nezo Portal, Nezo Pad, and other upcoming services within the NezoHub ecosystem.

• Network Gas Fees: $NEZO can be used to pay gas fees on both Nezo Sydra (L2) and Nezo Core (L1) networks.

• Staking: Users can stake $NEZO tokens to earn rewards, contributing to network security and stability.

• Governance: $NEZO holders participate in decentralized governance, influencing key decisions and the future direction of NezoHub.

• Access to Premium Features: $NEZO provides access to premium features on the Nezo Portal. Users can either stake a certain amount of $NEZO to gain free access or pay a fee in $NEZO if they prefer not to stake. This dual option ensures flexibility for accessing advanced functionalities, which will be detailed in future updates.

• Validator Licensing: $NEZO is required to qualify for a Sydra validator license. Users can stake $NEZO in boosted APR pools, ensuring robust token flow, network performance, and decentralization.

Economic Model

The $NEZO economic model is designed to ensure long-term sustainability, value appreciation, and active participation within the ecosystem. Key elements include:

• Burning Mechanism: To enhance token value and reduce supply, a portion of $NEZO tokens collected as transaction fees are burned. This deflationary mechanism helps increase scarcity and potential value over time.

• Sustainable Treasury: A portion of the token supply is allocated to the treasury to fund ongoing development, operations, and ecosystem growth. This ensures that the ecosystem can continue to innovate and expand.

• Dynamic Rewards System: Validators and users are incentivized through a dynamic rewards system that adjusts based on network performance and participation levels. This ensures high levels of security and engagement from the community.

• Hybrid Revenue Streams: $NEZO supports multiple revenue streams, including transaction fees, ecosystem fees, and premium service charges. This diversified income model helps stabilize the platform's financial health and supports continuous development.

• Ecosystem Fund Allocation: Funds are strategically allocated across various areas, including development, marketing, liquidity, and community incentives. This balanced approach supports both the platform's growth and its user base.

• Smart Inflation Engine (SIE): NezoHub revolutionizes blockchain economics with its innovative "Smart Inflation Engine (SIE)", featuring dynamic Preemptive Trigger Thresholds (PTT) and Vault Trigger Threshold (VTT). This intelligent system proactively manages token supply to prevent inflation spikes, ensuring sustainable growth, stable token value, and consistent rewards for participants. By leveraging PTT and VTT, NezoHub delivers a powerful and stable economic environment that sets it apart in the blockchain space.

Staking and Rewards

Users can stake $NEZO tokens in various pools to earn rewards. The staking model also includes boosted APR pools with capped first-come, first-served access. Validators are rewarded based on performance, ensuring network efficiency and security.

As the project evolves, additional details and updates regarding the $NEZO token's utility, economic model, and other features will be added to this section to keep the community informed and engaged. Follow us