Article Summary, Automatically Generated By AI
Summary of RugZombie
- $ZMBE is a yield-farming token that allows users to earn new tokens from rugged tokens.
- The mission is to provide new value to users by resurrecting rugged or dead projects.
- $ZMBE is inflationary with no fixed supply, but controlled by burning features:
- Burning $ZMBE tokens when used to unlock Graves and Tombs
- Buyback and burn program
- Manual burning from Treasury
- Auctions and contests with burned $ZMBE
- Users are incentivized to HODL due to burning and staking mechanisms.
- Future
About RugZombie: Unveiling the Mysterious Force Behind the Crypto Realm
$ZMBE is fundamentally a yield-farming token that empowers users to generate new tokens from their rugged tokens. Our mission is straightforward: to breathe new life into defunct or stagnant projects by injecting value through $ZMBE’s yield. As a farming token, $ZMBE is inherently inflationary, with no fixed supply. However, the circulating supply will be regulated by a range of innovative burning mechanisms, including: ● token burning when used to unlock Graves and Tombs; ● our buyback and burn program, where proceeds from selling rugged tokens deposited to unlock Tombs are used to repurchase and burn $ZMBE; ● manual burning of $ZMBE from the Treasury as needed; and ● auctions and contests, where a portion of the $ZMBE used to participate will be burned. Details of these projects will be released as they unfold. In addition to utilizing $ZMBE to recover losses from rugged tokens, users are incentivized to hold due to our burning and staking mechanisms, which will increase the value of $ZMBE over time. Furthermore, $ZMBE holders will have the opportunity to receive NFTs, participate in potential airdrops, and engage in governance in the future. While an inflationary supply may raise concerns, our project incentivizes liquidity provision by offering rewards that require an emission rate, thereby increasing the supply. $ZMBE will also play a pivotal role in our gaming ecosystem, set to launch in Q1 2022, and we have implemented multiple mechanisms to control the supply. We assure you that our team is dedicated to building something exceptional. With our array of burning and staking mechanisms, $ZMBE is poised to achieve emission neutrality. In fact, we may need to increase the emission rate due to high demand and the token’s versatility across our ecosystems. As the chart below illustrates, $ZMBE boasts one of the lowest emission rates among farming projects.