Tokenomics & Supply
Genesis / total supply: 1,000,000,000 ZKC
Circulating supply (at launch / early stage): ~200,937,056 ZKC (i.e. ~20.09% of the genesis supply)
Inflation / issuance schedule: - Initial inflation: ~7% per annum
- Over time: tapering downward to ~3% annual inflation by Year 8
Vesting / locked allocations: A large portion of tokens (for team, strategic, ecosystem) are locked and vest over time.
Token Utility & Governance
ZKC is not just a speculative token — it plays active roles within the Boundless protocol:
Utility Description
Staking / collateral Provers must stake ZKC / lock it as collateral to participate.
Reward / incentives Valid proof submitters receive ZKC rewards; part of protocol emissions go to provers.
Slashing / penalty If a prover fails to provide a valid proof or misses deadlines, collateral may be slashed.
Governance / voting Token holders can vote on upgrades, rules, grants, or protocol parameters.
Collateral / market participation ZKC is locked in proof markets, used as collateral for proof requests, and supports the economic activity of the protocol.
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🔍 Market & Price Behavior
Launch & listing: ZKC went live with mainnet launch and was listed on Binance and other exchanges.
Airdrop / distribution events: - Binance HODLer Airdrop: 15,000,000 ZKC (1.5% of total supply) allocated for early supporters via Binance HODLer program.
Volatility & sell-pressure: After launch, a significant price decline was observed (e.g. ~50% drop in 24h) attributed in part to airdrop recipients selling off tokens.
Circulation & liquidity: With only ~20% initially in circulation, many tokens remain locked. This makes the token prone to supply shocks when large unlocks occur.
Risk factors: Because much supply is locked or vested, sudden unlocks could cause selling pressure. Also, regulatory or exchange delisting risks could reduce liquidity.
