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$ZMBE is a yield-farming token that offers users the opportunity to earn new tokens from their rugged tokens. Our mission is to bring new value to our users by reviving rugged or dead projects through the yield provided by $ZMBE.
As an inflationary farming token, $ZMBE does not have a fixed supply. However, the circulating supply will be controlled through various burning features, including:
- Burning $ZMBE tokens when used to unlock Graves and Tombs - Buyback and burn program, where rugged tokens deposited to unlock our Tombs are sold and the proceeds are used to buyback $ZMBE for burning - Manual burning of $ZMBE from Treasury as needed - Auctions and contests where a portion of the $ZMBE used to participate will be burned
Specifics of these projects will be announced as they become available.
In addition to recovering losses from rugged tokens, users are incentivized to HODL $ZMBE due to our burning and staking mechanisms, which will increase its value over time. Furthermore, in the future, $ZMBE holders will have the opportunity to receive NFTs, potential airdrops, participate in governance, and more.
While the inflationary supply of $ZMBE may raise concerns, our project addresses this by incentivizing liquidity provision through emission rate-based rewards, thereby increasing the supply. Moreover, $ZMBE will be utilized in our gaming ecosystem (expected in Q1 2022), and there are multiple methods to control the supply as mentioned above. We assure you that our team is committed to building something extraordinary.
We have implemented various burning mechanisms, staking mechanisms, and more to ensure that $ZMBE remains emission neutral. In fact, due to high demand and the usefulness of $ZMBE in all our ecosystems, we may even need to increase the emission rate instead of decreasing it. As shown in the chart below, $ZMBE has one of the lowest emissions among farming projects.
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- Can you explain the main factors that have an impact on the price of ZMBE? I'm interested in understanding what drives the price fluctuations of this particular cryptocurrency.2021-11-25
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