Learn about one of the foundations of ZND – the Loyalty Program!

The ZND Loyalty Program plays a pivotal role in driving the growth of the ZND ecosystem while simultaneously boosting the demand for the $ZND token. By incentivizing user engagement through point-based rewards and tiered benefits, this program ensures sustained activity, deeper ecosystem involvement, and long-term value creation. Here's why it matters:
 

How does the Loyalty Program work?

The program rewards users for various activities within the ZND ecosystem. Starting December 12, participants can earn points through the following actions:

1. Trading volume in the Trade service
   Users earn points every time they complete a transaction in the Trade service. The volume of traded assets is converted into Euros (€) using CoinMarketCap’s closing rates, and points are awarded per Euro traded.

2. Opening subscriptions in the Earn service
   When users lock their assets in the Earn service, they receive points based on the locked amount and duration. The longer the lock-in period, the more points they earn per Euro.

3. Holding or staking ZND Tokens
   Daily snapshots of ZND tokens held in wallets or staking subscriptions calculate point allocations. The longer and larger the staking, the more points users can earn. Additionally, selling tokens means you stop earning points, which could result in losing your current tier status. This mechanism strongly incentivizes long-term holding, ensuring sustained engagement and loyalty to the ecosystem.

The list of tasks and activities eligible for earning points will continue to grow over time, offering even more ways for users to engage with the ZND ecosystem. The current table of activities and their corresponding points can be viewed here. Stay tuned for updates and new opportunities to maximize your rewards!

The tier system

Points accumulate over a rolling 90-day period. Depending on the total points earned, users achieve one of six tiers, each offering increasing rewards:

To maintain fairness and sustain activity, points older than 90 days are no longer counted toward tier eligibility.

Benefits by tier

The higher the tier, the better the benefits. Currently, higher tiers offer improved APRs for staking ZND tokens. Soon, additional perks, such as airdrops from special pools (available for tiers Gold and above), will be introduced. The roadmap also includes more benefits, which will are listed in gitbook.

Why it’s a game-changer

The ZND Loyalty Program fosters a positive feedback loop:

1. Increased User Activity:
   Users engage more with the platform to earn points and tier up.

2. Ecosystem growth:
   Higher activity levels drive ecosystem expansion, increasing ZND token demand and project revenues.

3. Enchanced rewards:
   Revenues fuel better rewards, such as higher staking APRs and exclusive benefits, encouraging even more engagement.

This creates a win-win situation: users enjoy greater benefits, and the ecosystem grows stronger, driving the value of the $ZND token higher.