source avatarDIPTIJUSH 🚢

Share

Happy Sunday. Many blame the market when token sales face turbulence on the very first day. According to @zerufinance , the issue lies not with the market, but with the allocation process. In their portal, tokens are awarded to those who have secured the most seats. Meanwhile, speculative capital tends to sell off as soon as liquidity becomes available. They view the launch not merely as a token distribution event, but as a marketplace, termed Activity Markets. The process consists of four key stages: 1. Seats, not handouts: Allocation rights are derived from mining seats, which are based on a user’s verified zScore. 2. Transparent competition: Seats are determined by verified activity, tracked on a live leaderboard, there are no hidden conditions. 3. Price discovery: The initial price is not arbitrarily set by the team; it is determined through an on-chain auction. 4. Day-one market depth: Proceeds from the auction are directed into locked liquidity, ensuring market depth from the very first trade. Underpinning this is a robust filtering system. The zScreen risk-scanning tool now monitors Bitcoin-related activity and identifies clusters of bot-driven routes or circular funding patterns. Furthermore, Zaps effectively filters out wash trading (artificial volume). The goal is simple: to ensure that these seats go to genuine users. On Zaps Discover, users can view token metrics, protocol activity scores, and trader rankings, all in one place. Additionally, users can group up to ten trading addresses under a single zScore via private address bundles, without needing to publicly link them. The platform is built on a solid foundation: a $300K pre-seed round, research on zLend underwriting and a framework backed by the crypto-economic security of EigenCloud. The $ZERU token coordinates access to markets and the broader ecosystem. In the real world, we build up a financial reputation over the years. Yet, when we enter the realm of DeFi, that history almost never carries over. I believe a major reason for this is privacy. People are understandably reluctant to disclose sensitive banking information just to prove their financial trustworthiness. @zerufinance has previously indicated plans to integrate zkTLS into their reputation system. The concept allows users to verify specific aspects of their real-world financial history without revealing the underlying sensitive data. When combined with on-chain behavior, the 'zScore' can provide a more comprehensive picture of an individual's financial credibility a crucial element for decentralized credit. Transitioning from TradFi to Web3 shouldn't mean starting your financial reputation from scratch. However, unless privacy and verifiable trust can coexist, on-chain credit will struggle to gain widespread adoption. It is worth noting that zkTLS is currently in the planning phase and is not yet a live feature. Check your zScore: https://t.co/GITN0jQOpt Explore the markets: https://t.co/DgH7UelmGK Launch portal: https://t.co/xr8733vrNy

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.