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Crust Exchange
  • 📍Overview
    • What is Crust Exchange?
    • What advantages does Crust Exchange offer?
    • Mission and Vision
  • 📈Margin Trading
    • Opening a position
    • Managing Positions
    • Closing a Position
    • Stop-Loss / Take-Profit Orders
    • Partial Liquidations
    • Fees
  • 🧱Infrastructure Overview
    • Architecture Overview
  • 🚹Referral Program
  • ⛓️Trading Mechanics
  • 🪙Token Economy
    • $CRUST and $zCRUST
    • $CLP
    • Reward Overview
  • $CRUST Distribution
  • 🌐Social links
  • 🗺️Roadmap
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On this page
  • $CRUST and $zCRUST
  • Staking Rewards
  • Vesting $zCRUST
  • TokenFarm
  1. Token Economy

$CRUST and $zCRUST

$CRUST and $zCRUST

Staking Rewards

CRUST & zCRUST can be staked to earn a share of fees as rewards. The rewards share is based on the total sum of CRUST & zCRUST that is staked.Your staked CRUST & zCRUST entitles you to the following 7 benefits:

  1. Receive discounted trading fees as per the fee discount table

  2. Earn $zCRUST from each $CRUST buyback equivalent to 10% of the total perpetual fees

  3. Earn 5% of the total fees in $USDT generated by the perpetual exchange fees

  4. Earn 40% of the total fees generated by the spot exchange fees (Future)

  5. Earn $zCRUST from each $CRUST buyback equivalent to 30% of the total spot fees (Future)

  6. Earn 30% of the fee share of the OTC trading platform (Future)

  7. Earn ecosystem rewards (depends on chain and subject to change)

​Reward Cycle 0 will pay out a fixed amount of $zCRUST rewards for $CRUST & $zCRUST stakers.

Vesting $zCRUST

Your $zCRUST can be deposited into the vesting contract in order to claim the same amount of $CRUST which is unlocked continuously throughout a 6 months linear vesting period. $zCRUST that is staked for vesting cannot earn rewards. Note: If any amount of $CRUST is claimed or any amount of zCRUST added to the vesting contract, it'll reset the vesting period.All vested $zCRUST rewards are provided by the $CRUST buyback model.

$zCRUST Contract Address:

TokenFarm

The TokenFarm contract has a hard coded max limit for staking cooldown duration of 4 weeks and a max vesting duration for $zCRUST of 700 days.The TokenFarm contract rewards are loaded in specific intervals by the $CRUST team. In a scenario where a Token farm contract runs out of rewards, all attempts to claim will fail.

TokenFarm contract:

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Last updated 2 years ago

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