💸Platform Tokens

There are a total of two platform-issued token at Zeno:

• ZLP

• Zeno Loyalty Credits (ZLC)

ZLP

ZLP is a token users receive from depositing their assets into the ZLP vault, whose assets act as the liquidity for leveraged traders at Zeno. Each ZLP token represents a share of the ownership of assets within the ZLP vault.

Token Contract: TBD

How to obtain:

• Deposit m.USDC, m.USDT WETH into the ZLP vault.

Utilities:

• Earn 50% of protocol revenue in the form of m.USDC when staked

• Earn a share of esZENO token emission when staked

• Accrue profits from acting as the counterparty for traders on Zeno Exchange

Zeno Loyalty Credits (ZLC)

For every $1 of trading volume, Zeno's users will be awarded at least 1 ZLC (depending on the asset that they trade). Each week, esZENO rewards will be distributed pro-rata to traders based on their ZLC amount.

Token Contract: TBD

How to obtain:

• Open a leveraged trading position at Zeno (users will receive at least 1 ZLC for every $1 worth of trading volume).

Utilities:

• Receive a share of $METIS incentive rewards

Below is a table summarizing the ZLC awarded to traders for $1 worth of trading volume for each respective asset:

Asset	# of ZLC per $1 of Trading Volume
BTC & ETH	2
Other Crypto	5
Commodity	5
FX	1

Only trades that increase positions' size will be awarded ZLC