izicoin SmartChain Token (IZC)
Last updated
Last updated
IZC Tokenomics
The IZC token serves as the native currency within the izicoin Smart Chain and platform, akin to ETH on Ethereum.
IZC Utility:
Transaction Fees: As the native currency on the izicoin Smart Chain, IZC is required to pay fees to the network for transaction approvals.
Validation: Token holders can stake IZC to become validators, with a minimum staking requirement of 10 IZC. Presently, there is 1 validator as the network continues to grow (source: ).
Voting: Validators utilize their staked IZC to vote on protocol changes. Higher amounts of staked IZC grant greater influence on network upgrades and governance decisions (until phase 2, when delegation is activated).
Staking (for Delegators): Any IZC holder can delegate their tokens to one or more validators, earning a share of IZC block rewards based on their stake proportion.
Payments: Sending IZC, as the platform's native currency, doesn't require interaction with smart contracts. This facilitates potentially faster and less costly transactions.
Important Note: Mere possession of IZC tokens does not confer governance rights or revenue streams related to the IZC platform's performance.
Obtaining IZC:
Where to Buy: IZC is available for purchase on both centralized (CEX) and decentralized (DEX) exchanges.
Contract: 0x3C08Dc8f32cc56b356252A908998B8F21d1a6d20
Centralized Exchanges: (To be updated)
DEX: UniSwap
For the latest IZC trading volumes and prices across various exchanges, refer to the "Markets" page on Trade4u2.
Where to Farm: IZC tokens are occasionally used in liquidity rewards (yield farming) programs to boost liquidity on DEX and encourage participation in Trade4u2 (Dapp). Keep track of ongoing liquidity rewards programs on DEX platforms.
Other Means of Obtaining IZC: Periodically, the IZC team rewards community members with IZC for active participation and engagement. Stay updated on such opportunities through IZC's social channels. Additionally, IZC tokens power grants and bounties; consult the respective sections for more details.