Token distribution
The ZRL supply is allocated across Early Bird & Team Airdrop and Liquidity Farming. The total on-chain cap of ZeroLedger Token is set to 30,000,000 ZRL.
Token distribution
Allocations
| Program | Amount (ZRL) |
|---|---|
| Early Bird & Team Airdrop | 2,500,000 |
| Liquidity farming | 27,500,000 |
| Total | 30,000,000 |
Liquidity mining schedule
Each deposit of the USDC increases TDV (total deposited value) tracked by the protocol and mint token to the depositor. As TDV crosses tier boundaries, ZRL per unit of deposit steps down.
| Round | ZRL per 1 USDC deposited | TDV (cumulative) | ZRL Inflation per tier |
|---|---|---|---|
| 1 | 20 | 250,000 | 5,000,000 |
| 2 | 9 | 750,000 | 4,500,000 |
| 3 | 4 | 1,750,000 | 4,000,000 |
| 4 | 1.75 | 3,750,000 | 3,500,000 |
| 5 | 0.75 | 7,750,000 | 3,000,000 |
| 6 | 0.3125 | 15,750,000 | 2,500,000 |
| 7 | 0.125 | 31,750,000 | 2,000,000 |
| 8 | 0.046875 | 63,750,000 | 1,500,000 |
| 9 | 0.015625 | 127,750,000 | 1,000,000 |
| 10 | 0.00390625 | 255,750,000 | 500,000 |
Example: At round 1, each 1 USDC deposited while TDV is below 250k USDC mints 20 ZRL toward that tier’s 5M ZRL budget; when TDV reaches the next cap, new deposits follow the next row’s rate until all 27.5M liquidity ZRL are distributed.
Contract links:
Minting for liquidity is implemented by TokenDistributor. ZRL token is implemented by ERC20 Token contract with ERC20Capped and ERC20Permit extensions
Core idea
Liquidity farming is designed so that early deposits earn a higher ZRL multiple per USDC, stepping down as TDV grows—rewarding bootstrap liquidity.
Protocol usage, including withdrawals and other vault flows, drives yield for end users and supports the broader token design.
Flywheel: Higher yield strengthens network effects and can support token price and demand—which in turn attracts more liquidity and farming activity, feeding the loop.