gZIL Tokens


gZIL, short for governance ZIL, is a ZRC-2 compliant fungible token contract. The rationale behind issuing gZILs is to capture long-term token holders and give them access to governance tokens that they can later use to make ecosystem-wide decisions. The contract code repository can be found here.

note

gZILs will not be rewarded to SSN operators unless they themselves delegate their stake as a delegator. Earning commission does not entitle operators to gZILs.

ParameterValue
Reward rate0.001 gZIL per ZIL reward earned
Reward duration1 year
Max supply682,550 gZILs

After the 1-year duration, no gZIL will be minted. Hence, we encourage all users to withdraw their stake reward before the 1-year duration is up.

note

It is very possible that all the 682,550 gZILs may not get minted as the number of gZILs that get minted depends on the frequency of stake reward withdrawals.

For integration with gZIL, please refer to ZRC-2 integration guide.