ANZ Token
Last updated
Last updated
ANZ is the utility token for Anzen Finance. It is currently deployed on Base chain only. See ANZ on Coingecko: https://www.coingecko.com/en/coins/anzen-finance
ANZ is designed to provide utility and align incentives within the USDz ecosystem. It employs a vote-escrowed (ve) model, inspired by mechanisms in DeFi protocols like Curve and Pendle, where locked tokens can share protocol revenue and govern the allocation of token rewards and liquidity incentives.
Beyond governance, veANZ holders may also have exclusive access to certain protocol features and products.
Read more here: https://anzen.finance/diving-deeper-anz
Tokenomics
Community Airdrop: 5%
Allocated to users who contributed to the initial growth of the Anzen ecosystem. There is no vesting on the airdrop except for the top 500 wallets which will have 50% vested over 6 months.
Investors: 20.6%
Investor allocations are subject to a 6-month cliff from TGE, followed by a 24-month linear vesting.
Core Contributors: 5%
Anzen core contributors are subject to a 6-month cliff from TGE, followed by a 24-month linear vesting.
Foundation: 20%
The Foundation allocation is for partnerships and long-term initiatives to grow the Anzen ecosystem.
Ecosystem: 42.7%
The ecosystem portion will be used for reward emissions to users, including USDz stakers, USDz-USDC LPs, and USDz Bond holders. This ensures that ecosystem participants are rewarded for contributing to protocol TVL growth, and they have influence over the protocol
Launchpad Sale: 6.7%
ANZ launched Dec 2 on Fjord Foundry which sold out in a record-breaking 7 minutes.
Venue: Fjord Foundry and Starship
Date: Dec 2, 2024
Allocation: up to 6.7% of total token supply (666,666,666 $ANZ), Fully Unlocked.
Sale Limit: $3M hard limit Fixed Price Sale, $60M fully diluted valuation (FDV).
More details to come. Follow Anzen on Twitter and Telegram to be the first to hear information about the protocol token.