Discussion: ZIP-004: Community Fund for New ZTX Staking Pool on Steer Finance

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:

  1. Incentivize more holding and staking β€” a large yield encourages long-term participation in the ZTX ecosystem.

  2. 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.

  3. 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:

  1. 150,000,000 $ZTX tokens from the Community Fund are allocated to the upcoming 3-month-long Steer pool.

  2. Daily rewards reflect the APR during the period.

  3. After 3 months, the yield will be changed unless a new proposal extends or modifies the program.

9 Likes

lol it is Christmas season early? :laughing: LFGGGGG

3 Likes

New pool rewards!? Big yes​:fire::fire::fire:

2 Likes

more rewards = gud project

1 Like

yes yes ~ lets goo!! :heart_eyes:

1 Like