$Zypher Token Utility
Zypher’s Token Utility
Proof Mining: $ZYPHER is rewarded among gamers & miners to bootstrap network utility and incentivize True DePin, enabling a variety of hardware for decentralized ZK mining and computing while providing in-game zk-services like on-chain shuffling.
Governance: $ZYPHER holders can vote on governance decisions, allowing participation in proposals for such items like DAO/Foundation Treasury, Grants Committee, in-game tax rates, reward rates and more.
Economic Bond: $ZYPHER can be used as rewards for LST/LRT restaking to provide crypto-economics security enhancements for its zk services (registered as Eigen Layer and Bounce Bit AVS).
Games Revenue Sharing: $ZYPHER stakers can also benefit from expansion of supported games upon governance decisions, redistributing game revenues in the form of its in-platform universal gaming token*.
*Zypher’s Game Platform features a self-sustaining incentives model, driven by a Universal Game token (ETH/LST backed) which can be used cross games on the platform.
**$Zypher is a placeholder name tentatively used in this document for illustration purposes. The actual name of the Zypher Mainnet token may be changed without prior notice.
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