WHITE PAPER
ABSTRACT Founded on the vision that block-chain powered smart contracts and crypto currencies can empower everyone to reach new heights of financial freedom. Zeppelin.dao introduces a smart solution for our community to earn an unlimited passive income. Using the smart contract capabilities of the Binance Smart Chain, Zeppelin.dao presents a fair, transparent, community driven and decentralized solution for the achievement of passive income, through our token (ZEP). ZEP token generates a continuous revenue stream into wallets holding zep (HODLERS), through a programmed taxation system dubbed the quartermaster fee. The realized funds from the transaction fees are distributed in specified fractions to both HODLERS, trading liquidity as well as token deflation (BURN), with the specific objectives of generating passive income for HODLERS, establishing an efficient exchange market for the community, as well as securing a steadily appreciating token price. ZEP token is also scheduled to be the unit for measuring ownership in the zeppelin.dao Decentralized Autonomous Organization (DAO). To facilitate the implementation of a permission-less, nonhierarchical decentralized governance system for the propagation of decisions directed towards the achievement of the zeppelin.dao community specified objectives. The ZEP token will also serve as a utility token that will enable access into an Initial Dapp Offering (IDO) launch-pad platform that will enable blockchain project teams and organizations easily conduct launch events to raise funding for their projects. .
01
INTRODUCTION INDUSTRY OVERVIEW Bitcoin was the first Decentralized Autonomous Organisation (DAO), that was initiated by an anonymous individual or group of individuals who went by the pseudonym Satoshi Nakamoto in 2009. The objective of the Bitcoin DAO was to implement a decentralized peer-to-peer payment system, utilizing decentralized ledger technology and cryptography to eliminate the need for a centralized record keeper, as in the case with traditional payment solutions and security. Shortly after the successful deployment of the Bitcoin protocol, the Ethereum blockchain, was born implemented by USA based programmer (Vitalik Buterin) with the added capability to store and deploy computer programs known as smart contracts on a decentralized peer to peer network. This opened the floodgates for further study, experimentation and testing of a vast range of ideas for improvements to various traditional digital services and products, as well as a multitude of innovative ones. Some of the innovative ideas that have sprung into the existence as a result of this ongoing trend of innovation included improved blockchain systems with scalable transaction fees, Decentralized Financing systems, Non-Fungible Token systems, decentralized exchange systems, Decentralized Governance protocols, all powered
02
by immutable computer programs (smart contracts) deployed on the blockchain. Using smart contracts, blockchain networks like Ethereum, Tron and Binance Smart Chain developers are equipped to create abstractions of various inherent economic concepts services that apply decentralized, peer-to-peer base architecture, with the aim of making them more efficient and transparent also eliminating the need for trust or mediating entities, whilst also ensuring user security. One of such abstractions is that of high yield deflationary asset in form of the reflected yield Finance token protocol (RYFT). A RYFT protocol acts like a high interest yield bank account where the dividend is generated through taxation of transactions on the network. The zep token is pre-programmed with Reflected Yield Finance Token features, thus all HODLERS are automatically credited with revenue collected from fees applied to every transaction on the zep eco system. We believe that through our ZEP token smart contract, we have developed and deployed a game changing platform that will drive the development of a large range of blockchain based products and completely redefine the concept of passive income through the potential benefits accessed by all participants.
TOKEN OVERVIEW AND ARCHITECTURE
The Zeppelin DAO token ($ZEP) has been designed to generate unlimited yield for its HODLERS whilst also maintaining trading liquidity by applying two basic principles; reflection and automated liquidity acquisition. The $ZEP token seeks to redefine existing standards of passive income generation and wealth distribution. The underlying architecture of the $ZEP token smart contract that enable its efficient functionality include:
1. 2.
THE QUARTERMASTER TAXATION PROTOCOL The Zeppelin smart contract is programmed to automatically credit wallets holding $ZEP with additional tokens, continuously increasing trading liquidity on pancakeswap and also increasing its underlying value through token reduction whilst implementing the burn feature. The revenue for rewarding holders and generating continuous liquidity is made possible through a 10% Quartermaster tax on every transaction.
TOKEN REFLECTION As with all reflected yield financing tokens, a portion of the transaction fees is redistributed to HODLERS according to the ratio of their $ZEP token holdings to the total circulating supply. The Zeppelin smart contract distributes 50% of the transaction fees (about 5% of the transaction amount) as rewards to incentivise users to hold the tokens. This creates a passive source of tokens similar to an interest yielding account, but much more super charged!
03
3.
AUTO LIQUIDITY The zeppelin.dao token smart contract is deployed using an algorithm that generates trading liquidity automatically on the pancake swap Decentralized Exchange. This liquidity is locked indefinitely in the Iron Bank liquidity pool to create a steadily rising price floor. providing Zep token holders with a ‘Self Managing’ Automated Market Maker on the Decentralized exchange. The Liquidity is generated from half of the 10% tax on transfers of the zep token on the Binance smart chain network. This feature of the smart contract guarantees consistent availability of tradeable tokens, and also helps make the market more efficient.
4.
In detail: The contract splits this liquidity fee, swaps half of it into BNB, then automatically pairs it with the remaining $ZEP tokens in order to add them as a liquidity pair on Pancake Swap.
TOKEN BURN (SUPPLY REDUCTION) The zeppelin.dao ($ZEP) token a deflationary system that is burn tokens at a rate that is and volume of transactions on
contracts feature designed to continuously relative to the amount the network.
This ensures that zep tokens are continuously taken out of circulation permanently, creating a growing scarcity for the coin, thus ensuring a rising price floor. This feature is implemented by an initial token burn of 25% of the total supply at the initial deployment of the smart contract and make the burn address the largest single holder of the $ZEP tokens. This also makes the burn address to receive the most amount of token reflections, thus constantly reducing the circulating supply.
04
STRATEGIC ADVANTAGES The Zeppelin DAOproject was deployed with the intention of delivering an efficient platform for the implementation of passive income generating products starting with an auto yield reflector token. To ensure that this is achieved, several considerations were made to improve the potential of success. SOME OF THE STRATEGIC ADVANTAGES THAT ARE INHERENT TO THE ZEPPELIN DAO ARE: Deployed on the Binance Smart Chain. The Binance Smart Chain is a rapidly growing network that is set to compete with its equivalent counterparts like Ethereum, TRON, and ADA.
Due to a gradual stealth launch of the project with very minimal advertising, this has prevented the token from being snapped up by a few whales that could potentially crash the prices by dumping all their coins at once.
It’s low transaction fees and efficient transaction speed, played a significant factor in the decision of the most suitable chain for the deployment of the zeppelin DAO project.
The result of this implementation is that $ZEP tokens are more vastly distributed such that the top whale wallets are unable to devalue the project with one sale of tokens.
Also, the BSC echo system is rapidly evolving and attracting a large volume of skilled contributors that will eventually drive the necessary innovation required. The zeppelin DAO project launched on the BSC will take advantage of these features to maximize its full potential. A fairly even spread token distribution through stealth launch. Another major strategic advantage of the Zeppelin DAO token ($ZEP) is its token distribution. 25% of total supply burned at contract deployment. 05
Perhaps this is unconventional but one unique edge of the zeppellin DAO project has, is its organically generated community driven marketing and promotions unit. Due to the fair launch system applied during its deployment, the community has grown organically, instantly attracting professionals from various fields of study including: Marketing, Finance, Blockchain Programming, Web Development, Artists, Graphic Designers etc, that has formed a solid zeppellin core supporters group founded by a professional marketing executive and his team.
Dedicated community volunteer driven project development and marketing teams (ZEPPELIN ARMY) This has led to a democratic process that saw Mr Nathan Hill (founder of the core supporter’s team) being approved as the project’s official head of marketing as well as the Public Relations Officer for the Zeppelin DAO project. With this structure in place, Zeppelin DAO is now equipped with an army of core supporters, volunteers and employed professionals all working to ensure the success of the project and its mass adoption.
The burn mechanism was initiated by simultaneously sending 25% of the tokens direct to the BSC burn address (“0x00000000000000000000000000 0000000000dead”) as the token smart contract was deployed. This instantly qualified the burn address as the largest HODLERS of the $zep token and therefore a large portion of the transaction fees would be accruable to this address. This creates a gradual but steady deflation of the token supply that is aimed at increasing the value of each circulating token. (View the transaction HERE)
This will ensure a steady increase in the projects visibility and thus maintain a high level of transactions that will end up impacting positively on holders in terms of earning additional tokens from transaction fees as well as having more value for the tokens due to the continuous additional tokens to the auto locked liquidity, and also continuous depletion of the tokens by the token burn mechanism.
BENEFITS TO USERS The zeppelin smart contract creates financial value for its users by rewarding them for hodling zep tokens in their wallets with funds generated from the transaction fees charged by the smart contract for each transaction that involves zep. This serves as an incentive for users to store their crypto assets as zep tokens in order to generate income from the reflected tokens. The zeppelin contract also provides for deflation of the token supply through its token burn feature. This feature ensures that the supply of the token continuously diminishes, creating an ongoing scarcity that will simultaneously raise the token price.
06
ADDITIONAL FEATURES The success of the zeppelin DAO project will be determined largely by the rate of its adoption and in order to ensure that the project's aims and objectives of delivering increasing yield to its holders passively is achieved, some additional features are suggested and in scheduled for implementation by the core development team. These use cases will encourage increase in transaction numbers and volume, attract a continuous stream of new users looking for value and also increase the token burn rate etc. These features include:
IDO LAUNCHPAD
GOVERNANCE APPLICATION
The ongoing trend of rapid deployment of projects on the BSC smart chain provides an opportunity to generate income through implementation of tools and platforms that will enable project teams to easily publish and raise both funds and community support for their crypto project ideas with very minimal hassle. The zeppelin.DAO Initial DEX Offering launchpad is planned to be the first decentralized application that will use the $ZEP token as its utility token, both for project teams seeking to raise funding for the implementation of there projects, and also investors seeking to participate in seeding of new projects. This will greatly increase transaction revenue and burn rate for the token while creating value for both active and passive users of the token.
Decentralized Autonomous Organizations (DAOs) are greatly becoming the prominent trend in the blockchain tech space. DAOs refer to Organizations that operate a non-hierarchical distributed and open source system of operation for the achievement of specified aims and objectives. The most evolved DAOs implement their organizational governance rules using immutable smart contracts deployed on the blockchain. The Zeppelin DAO project aims to evolve into a full blown Decentralized Autonomous Organization, with its core values and governance rules implemented and executed using smart contracts on the blockchain, in a nonhierarchical and permission less manner. The community governance application will feature systems for voting, project and community improvement proposals and other decision enabling features dimmed appropriate for the operation of a DAO by the core development team.
07
FURTHER CONSIDERATIONS The blockchain and crypto currency eco system is still in its very early stages of exploration and adopting. As a result of this, the perception of the technology as a whole, differs from coast to coast across the globe, where some open-minded countries readily embrace the tech along with the potential risks associated with doing so, others are completely intolerant of the ideas and criminalize the use of the tech in general. For this and several other reasons, most core developing teams choose to be anonymous contributors to their project, this also helps them concentrate on developing the actual code to the best of their ability because it will eventually be scrutinized by the general public. The core developer team for the zeppelin DAO project have chosen the route of anonymity for reasons best known to them, but have handed the non-technical aspects of the community to its professional team of experts from the various mention fields of study to ensure the project stears in the right direction.
FINAL CONCLUSION The decentralized ledger technology utilized by Turing enabled blockchain networks such as the Binance Smart Chain, has enabled a vast array of possibilities in the area of financial services, efficient data management systems, robust Identification systems and also organizational and governance operating systems, using smart contracts. We propose to explore the full potential of the blockchains innovative features to generate a robust and self-sustaining platform for passive income generation and wealth distribution starting with zeppelin.dao ($ZEP) token smart contract and its auto yield and auto liquidity feature as a first step on the journey of a thousand miles. We keep our doors open for the voyagers that will contribute to stare this project in the direction of its set out goals ….
JOIN US ! 08