ICO

All proceeds enter the MetaDAO treasury.

Nothing is transferred to ZKLSOL without DAO approval outside the agreed upon monthly allowance.

Launching ICO on MetaDAO MetaDao

  • MetaDAO
  • Dates — October 19th - 23rd
  • Minimum raise — $300K

Use of Monthly Allowance

  1. Security audit ~$50K (one-time).
  2. Ongoing development — two developers, $10K/month each.
  3. Business development — one person, $7.5K/month.
  4. Marketing ~$50K (one-time).
  5. SOL to boost ZKLSOL yield and attract more users ~$250K (one-time, refundable).
  6. Community mods & support (Discord, etc.) ~$1K/month.
  7. Legal consultancy.
  8. Use services such as Elliptic ($25K/year) / Range ($10K/year) to ensure that users of the protocol don't pose risks to the protocol; for example, by preventing the Lazarus Group from using it.
  9. Cloud and services ~$5K/month.

Tokenomics

  • Public Sale: 10M tokens pro-rata across all participants at the ICO price.
  • Liquidity: 2.9M tokens allocated to liquidity pools.
  • Team Package : 12.9M of the token supply has 18 month cliff and is reserved as a price-based performance package that unlocks in equal tranches at 2X, 4X, 8X, 16X, and 32X the ICO price.