zilWatch Whitepaper

An Introduction to zilWatch

  1. Tracking of ZILs and ZRC-2 tokens in users’ wallets, liquidity pool farms, and staked tokens (with multi-currency)
  2. Swapping of tokens directly on the dashboard (via ZilSwap)
  3. Display of full ZRC-2 token information (e.g., full historical price chart, high-low, market cap, farming APR information, and more);
  4. NFT explorer that consolidates various NFT collections on Zilliqa; and
  5. zilWatchBot (Telegram Bot) which sends personalized alerts to users on price movements and more.
The zilWatch dashboard

What is ZWT?

1 | Decentralized Advertising

  1. For each advertisement cycle, start and end block numbers will be selected for the Auction and Advertisement Period
  2. Advertisers will then be required to place a bid in the advertising smart contract, using $ZWT higher than the previous bid
  3. Advertisers can then claim their $ZWT back from the contract if they get outbidded
  4. Advertisers with the highest bid by the auction’s end block will win the advertisement auction
Non-intrusive ad placement on zilWatch

2 | A Self-Sustaining Economy

  • 60% goes into staking and liquidity reward pool (in equal ratio)*
  • 20% goes to zilWatch team
  • 20% to be burnt forever

3 | Shape the Future of ZilWatch

  • A fully-decentralised auction and advertisement module
  • Token staking

Tokenomics

  • Initial sale (33%): 3,300,000
  • Initial liquidity (12%): 1,200,000
  • Liquidity rewards (20%): 2,000,000 (linearly decreasing curve, over 36 months)
  • Marketing & operations (15%): 1,500,000 (Vested monthly over 24 months)
  • Team (15%): 1,500,000 (Vested quarterly over 24 months)
  • Advisor (5%): 500,000 (Vested quarterly over 24 months)

Linearly decreasing reward curve

  • Total Liquidity Reward: 2,000,000 ZWT
  • Total period: 36 months
  • Reduction of reward every month: 3,003 ZWT
  • 1st month: 108,108 ZWT
  • 2nd month: 105,105 ZWT
  • 3rd month: 102,102 ZWT
  • 35th month: 6,006 ZWT
  • 36th month: 3,003 ZWT
  • 37th month: 0 ZWT
Illustration of LP reward in 36 months

Join our community

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zilWatch.io is a smart dashboard to track your ZILs and ZRC-2 tokens in your wallet, liqudity pool farms, and staked tokens.

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zilWatch.io

zilWatch.io is a smart dashboard to track your ZILs and ZRC-2 tokens in your wallet, liqudity pool farms, and staked tokens.