Summary
This proposal aims to allocate 150M $ZTX tokens from the Community Fund to add as rewards to the new ZTX Steer staking pool over a 3-month period, starting once the current one ends in early December 2025.
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Rationale
This initiative provides a strong incentive for users to hold and stake ZTX, driving higher participation in both governance voting and the broader ZTX ecosystem.
The goals of ZIP-004 are:
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Incentivize more holding and staking β a large yield encourages long-term participation in the ZTX ecosystem.
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Return value to the community/holders β all tokens used in this boost come from the Community Fund, ensuring the rewards stay within the community.
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Drive adoption of the new Steer pool β by offering a significant yield boost, we make the new pool more compelling for both existing and new participants.
Proposal
Allocate a total budget of 150,000,000 $ZTX Tokens from the ZTX Community Fund to add as additional rewards for $ZTX stakers in the upcoming 3-month ZTX Staking Pool on Steer.
Implementation
Governance initiates the process for the ZIP-004 feedback and vote.
If it gets officially approved via Snapshot:
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150,000,000 $ZTX tokens from the Community Fund are allocated to the upcoming 3-month-long Steer pool.
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Daily rewards reflect the APR during the period.
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After 3 months, the yield will be changed unless a new proposal extends or modifies the program.