## Team & Backers **Co-founders:** [Guilherme Bettanin](https://x.com/gui_bettanin) [Pedro Bergamini](https://x.com/0xpedro_eth) **VCs:** - SNZ Holdings - Seven Capital - Cogitent Ventures - DCI Capital **Angels:** - Antony Sassano - Fernando Martinelli - Kieran Warwick - Andy Chen - Kevin Lu **Vesting Schedule:** - Founders: 0% TGE, 6 months cliff, 24 months vesting. - Advisors: 0% TGE, 6 months clif, 18 months vesting. - Investors: 10% TGE, 6 months cliff, 12 months vesting. ## What is Zaros? **Zaros: A perpetual futures platform bringing Liquid Re-staking Tokens (LRTs) real yield and capital efficiency** ⁃ On Arbitrum (now) & **Monad** (at launch) ⁃ 100x Leverage ⁃ CEX-like UX ⁃ AMM based rather than order book based (more capital efficient, and benefits arbitrageurs & large portfolio managers) Zaros stands at the intersection of liquid staking and perpetual futures. We supercharge your LSTs & LRTs yield with our market-making engine, enabling you to trade perpetual futures seamlessly while taking advantage of the composability of your staked assets. ## What makes Zaros special? - Zaros markets have skew caps and open interest caps, resulting in higher TVL utilization than competitors, also enabling listing experimental markets (e.g memecoins). - Zaros offers single-sided liquidity pools (ZLP Vaults) for Liquid Stating Tokens (e.g. Lido) & Liquid Restaking Tokens (e.g. EigenLayer). LPs earn ETH real yield from trading fees. - Cross-margin + Multi collateral assets: 15 assets at first, including WBTC and alts such as LDO and LINK. That’s more than 2x what the competitor at the top accepts (Vertex). - Sub-account system: can create as many sub-accounts as desired, enabling different margin strategies or to mimic isolated margin. No competitor does that. - Social Login: login with Apple ID or Gmail. - USDz (Zaros’ overcollaterized stablecoin). USDz is backed by the ZLP Vaults collateral and only minted when paying traders' profits. ## Protocol Traction - Member of Chainlink BUILD acceleration program - Member of the Cointelegraph acceleration program - Testnet since Feb 28th — +3,000 users - Mainnet will go live early Q3 24. - 13k REAL Twitter followers, 6k REAL Discord members - Partnered with EtherFi, Redacted Cartel, YieldNest, Monad, Monadians, and many others. ## Token Utility **Trading Fees Distribution for veZRS Lockers:** veZRS lockers earn 15% of the trading fees accrued in ETH. The token adopts the [ve80/20 model](https://docs.zaros.fi/overview/zrs-token/vezrs/the-ve80-20-system), essentially resembling the vote escrow model but with an 80/20 Balancer Pool Token (BPT) instead of the raw ZRS token. veZRS is an NFT obtained through the deposit of LP tokens from the ZRS/ETH 80/20 pool on Arbitrum. This NFT carries voting power determined by token quantity and lock duration, with locking periods extending up to 1 year on Zaros. Longer lock times result in higher voting power. **Voting Power:** By locking ZRS/ETH 80/20 Balancer Pool Tokens to obtain veZRS, users not only secure a share of the DEX's trading fees but also increase their influence within the Zaros DAO. The length of the lock period correlates with the voting power, offering more significant governance control to those who commit to the platform's future. **Phase 1 LP incentives:** 15% of the IDO's ETH proceeds will be added as liquidity on Balancer and Uniswap. There's an ongoing Balancer Improvement Proposal (BIP) to allocate BAL incentives to ZRS/ETH 50/50 initial LPs and there will be AURA and ZRS early emissions as well. ### **Revenue Distribution** The Zaros Revenue Distribution system is responsible for managing the allocation of ETH real yield accrued by the protocol through fees paid by traders using Zaros' trading products. - **70% to ZLP Vaults:** The majority of accrued ETH is sent to the ZLP Vaults LPs, since they're the ones market making to Zaros and creating its liquidity. - **15% to veZRS Lockers**: This portion of the revenue generated is allocated to veZRS lockers, incentivizing long-term holding and participation in the ecosystem. - **10% to the DAO Treasury:** This allocation is reserved for the DAO Treasury. This portion empowers the DAO with funds to support its decision-making processes. - **5% for Buyback and Burn of ZRS**: The remaining revenue is used to buy back ZRS tokens from the market and subsequently burn them, reducing the overall supply. More details about $ZRS tokenomics [here](https://docs.zaros.fi/overview/zrs-token/tokenomics/zrs-supply-and-emissions). ## Additional Resources [https://docs.zaros.fi/overview/](https://docs.zaros.fi/overview/zrs-token/tokenomics/zrs-supply-and-emissions) [https://zaros.fi](https://zaros.fi/) https://x.com/zarosfi https://discord.gg/invite/zarosfi https://t.me/Zarosfiannouncements https://mirror.xyz/zarosfi.eth https://www.linkedin.com/company/zaroslabs https://www.youtube.com/@zarosfi







