Kaizen.Finance: Explaining Prefixes in KZEN Locked Tokens
Dear Kaizen.Finance Community.
Many of you’ve asked us questions regarding the KZEN locked tokens. Today, we’ve decided to explain and share with you what these tokens are and what is the difference between them.
But firstly, let us dispel the doubts you might or might not have associated with the Kaizen locked tokens.
Types, Names, and Contract Addresses of KZEN Locked Token
Currently, there are two types of locked tokens that are represented on Kaizen’s platform:
- xKZEN — IDO(s) KZEN Locked
- eKZEN — Community Sale KZEN Locked
KZEN locked tokens are a part of Kaizen.Finance’s first-ever token lifecycle management platform. Please find below the list of official contract addresses of the KZEN locked tokens on different blockchains:
Token Name: KZEN X Locked
Token Symbol: xKZEN
xKZEN Contract Addresses on Binance Smart Chain and Polygon:
0xAA0E058E84B7e0008fac3e35Ae5954C3Af224bB6
xKZEN on Solana:
G1B6TwvfotwX4eVY7pcP6SDyZRGiTPwnKAL3bexi72WN (*)
Note. Please note that the smart-contract addresses for the Binance Smart Chain (BSC) and Polygon blockchains are identical.
Token Name: KZEN E Locked
Token Symbol: eKZEN
eKZEN Contract Addresses on Binance Smart Chain and Polygon:
0x455B75A6DCF86e700B020765DFbcbE7D4A3b73f5
The only official smart-contract addresses, token names and symbols of the KZEN locked tokens are mentioned above.
Each of KZEN locked tokens are named after the sale round and have its vesting schedule. For example, if you had purchased your tokens at the Community Sale, you received KZEN E Locked tokens, the symbol is eKZEN. If you had purchased your tokens at IDOs, you received KZEN X Locked tokens, the symbol is xKZEN.
Key Benefits of KZEN Locked Tokens
The real value of the Kaizen’s locked tokens is their ability to be staked by the platform’s investors. By staking locked tokens, the KZEN X Locked tokens staking allows investors to earn rewards and generate extra income.
More specifically, holders of KZEN locked tokens are able to stake KZEN Locked to earn additional rewards in tokens of projects that launch using Kaizen tools.
Holders and stakers of KZEN locked tokens will be incentivized with allocations in partner-projects launching using the Kaizen platform and get a chance to buy their tokens before they hit the market.
The more months you stake, the more token bonus allocations you get.
For example, if you stake KZEN locked tokens for three months, you get three-month access to allocations of the token’s projects, which they offer during private sale rounds.
(*) Please be cautious with the token contract address on the Solana network:
DO NOT make investments and send funds to the contract address DIRECTLY. Due to the technical specifics of the Solana blockchain, there are no refund options provided. Use the given official address to verify the token contract address on the blockchain only.
To stake your xKZEN locked tokens, go to the Kaizen.Finance Staking webpage and read the Guide to Stake xKZEN on the Solana Blockchain.