In accordance with Chainwire, Zora has launched its native token, ZORA, as a core component of its decentralized DeFi infrastructure. The token integrates with multiple modules including Zora Swap, Vaults, Lending, and DAO governance, offering governance rights, incentives, fee reductions, and staking rewards. The token features a deflationary mechanism through buyback and burn programs. Zora emphasizes security with audits from CertiK and PeckShield, multi-sig wallets, and an insurance fund. The project aims to expand beyond Ethereum and Arbitrum, integrate RWA, and reach $1 billion in TVL by 2027.
ZORA Token Launches as Core of Zora's Multi-Chain DeFi Ecosystem
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