What Are eKZEN Tokens

In light of the ongoing Kaizen.Finance Community Sale, here is everything you need to know about the eKZEN tokens that will be sold and distributed to buyer wallets upon purchase during the Community Sale.

Token name: KZEN Locked

Symbol: eKZEN

Offering: Kaizen Community Sale

Blockchains: BSC, Polygon

Token Address in BSC an Polygon: 0x455B75A6DCF86e700B020765DFbcbE7D4A3b73f5

Vesting terms: 0% on TGE + monthly unlock over the 12-month period

Benefits: Can be staked before the TGE

What Is eKZEN?

As you know, Kaizen.Finance is a platform that offers a suite of features and services for token creation and management. One of Kaizen’s stand-out benefits is the ability to trade locked tokens through the use of collateralized tokens.

You can find more in-depth information about collateralized tokens in a dedicated post.

However, collateralized token is more of an umbrella term used to describe the technology. For simplicity’s sake, Kaizen’s tokens that use this technology are referred to as KZEN locked tokens.

KZEN locked tokens distributed to Kaizen Community Sale participants are called eKZEN.

KZEN locked tokens of Kaizen Community Sale offering (eKZEN) reflect the value of your KZEN tokens which you will get later according to the vesting schedule. $eKZEN are separate tokens and therefore they can be staked or traded on kDEX (Kaizen DEX dedicated to trading of locked tokens). If eKZEN tokens change hands, the claim to KZEN tokens is transferred with them.

Instead of holding KZEN tokens back after the purchase and only distributing them to you in portions when they unlock, eKZEN tokens are sent to you immediately after sale ensuring you will get your KZEN tokens in due time.

However, staking of eKZEN tokens unlocks access to benefits exclusive to KZEN locked tokens. So you should probably consider holding on to eKZEN tokens to get all benefits instead of unlocking KZEN.