Lock ZMT, Earn New Token Rewards
ZLaunch is a platform that connects Zipmex users to new token projects, giving you the opportunity to use your ZMT to earn new token rewards.
The daily token rewards you will receive is proportional to the amount of ZMT you locked vs the total amount of ZMT locked. While you earn token rewards, you are also fueling the growth of the token project you participated.
Are You a Growing Token Project Ready to Launch?
ZLaunch helps strong project teams to launch your new token projects to capture the Asia Pacific market with the best in class strategies in crypto.
From your go-to-market launch plan, to post-listing and marketing support, we will work closely with the project team to boost visibility of your project and drive growth of initial user base so that you can focus on building your core product.
We’re looking for strong and innovative teams with game changing value proposition and unique product offering, If you think you are the one, apply now and get ready to launch with ZLaunch!
Why Launch Your Project with ZLaunch?
Capture visibility of millions of potential users across Asia Pacific with our online and offline presence.
Gain exposure to a wide user base of holders of your token project in no time
Gain unparalleled liquidity and list with multiple fiat trading pairs (THB, IDR, SGD, USD, AUD)
Learn and grow from our team of experts to achieve greater heights, together
Frequently Asked Questions
The Earning Phase
A project’s earning phase is the period when you can lock ZMT to earn receive rewards, which will typically be 30 days. During the earning phase, your project token rewards will be automatically distributed and transferred to your Z Wallet. You may transfer your token rewards to your Trade Wallet, but you will not be able to trade, deposit, or withdraw such tokens.
After the Earning Phase
After the earning phase, your ZMT locked in a ZLaunch project’s pool during the earning phase will automatically be unlocked and returned into your Z Wallet.
Trading of the new tokens will be enabled shortly and is expected to be within one month after the earning phase has been completed on ZLaunch and the project token has been listed on Zimpex exchange. You may then start trading your project tokens by transferring them from your Z Wallet to your Trade Wallet. Token deposits and withdrawals will also be enabled once trading is enabled
No, you will not be able to use your locked ZMT that is part of ZipLock to participate in ZLaunch.
The minimum you must lock for each time is at least 0.00000001 ZMT (8 decimal place). Additionally for every project , there may be two limits that will be prompted to you when you participate in a ZLaunch project.
Refer to What is Project Maximum Lock Limit and User Maximum Lock Limit here.
Buy ZMT on Zipmex exchange, then transfer the ZMT you have bought from your Trade Wallet to your Z Wallet in order to participate in ZLaunch. When the ZLaunch project is live and at the earning phase, you can choose the amount you want to lock and click “Lock to Earn”.
You will need to have a KYC-ed Zipmex account. If you don’t have one yet, sign-up here now. You will also need ZMT in your ZWallet. Once a project’s earning phase has started, you can lock your ZMT to start receiving rewards.
There is no fixed term of lock period. You can unlock ZMT any time from the project pool during the earning phase of the project.
Project Maximum Lock Limit is the maximum amount of ZMT that can be locked in a ZLaunch project’s pool by all participating users. In other words, the total amount of ZMT locked by all users in a ZLaunch project pool cannot be more than the Project Maximum Lock Limit.
User Maximum Lock Limit is the maximum amount of ZMT that a single user can lock for a ZLaunch project’s pool.
Users cannot lock any more ZMT than the limits allow.
Project Maximum Lock Limit: 2,000,000 ZMT
User Maximum Lock Limit: 8,000 ZMT
Scenario 1 (Current Total ZMT Locked reaches the Limit): Current Total ZMT Locked : 2,000,000 ZMT
|User||Locked Amount to ZLaunch Project||Available to Lock by User||Explanation|
|Alice||8000 ZMT||0 ZMT||Project Maximum Lock limit reached and User Maximum limit reached|
|Bob||1000 ZMT||0 ZMT||Project Maximum Lock limit reached|
Scenario 2 (Current Total ZMT Locked has not reached the Limit): Current Total ZMT Locked : 1,900,000 ZMT
Users can continue to lock ZMT to fulfil the remaining 100,000 ZMT (i.e. 2,000,000 ZMT Project Maximum Lock Limit minus Current Total ZMT Locked of 1,900,000 ZMT) available to be locked for the project.
|User||Locked Amount to ZLaunch Project||Available to Lock by User||Explanation|
|Alice||8000 ZMT||0 ZMT||User Maximum Limit reached|
|Bob||1000 ZMT||7000 ZMT||User Maximum limit of 8000 ZMT – 1000 ZMT = additional 7000 ZMT that Bob can lock|
ZLaunch’s APY is equal to APR.
APY stands for annual percentage yield and typically takes into account compound interest. APY can also be referred to as EAR, or effective annual rate.
APR stands for annual percentage rate and does not take into account compound interest.
As ZLaunch rewards you with new digital tokens for a period of typically 30 days on an hourly basis, there is no compounding interest when you lock ZMT for rewards, hence ZLaunch’s APY = APR.
|ZLaunch Project’s Token Price||USD $0.001 assumed for this example|
|Total Token Rewards||30 million tokens|
|Earning Period||30 days|
|Total Hourly Token Rewards||Total Token Rewards ➗ Earning Period ➗ 24 hours = 30 million tokens ➗ 30 days ➗ 24 hours = ~41,666.66666666 Tokens|
|USD value of Total Hourly Tokens Rewards||Total Hourly Token Rewards * Token price = 41,666.66666666 * $0.001 = USD $41.666|
|USD value of Total ZMT locked||USD Value of ZMT * Total ZMT Locked This varies on the USD value of ZMT and Total ZMT Locked. Assume for this example the value of Total ZMT locked is USD $4,000,000.|
APR and APY formula
|APR||APR= (USD Value of Hourly Token Rewards ➗USD Value of Total ZMT locked ) X 24 X 365 = $41.666 / $4,000,000 X 24 X 365 = 0.09124854 = ~9.12%|
|APY equals APR||APY = (1 + R/n)^n – 1 where R = interest rate which is APR =9.12% where n = compounding period (which is once per year as each project occurs once) =1 APY = (1+(9.12%/1))^1 – 1 = 9.12% Therefore in this example, APY = 9.12%.|
Zipmex publishes reports and provides the link to the whitepaper on each project featured on ZLaunch. If you have further questions about ZLaunch, please contact our support team.
No, all your ZMT locked amount in ZLaunch will not be counted under ZipUp or ZipLock and therefore not eligible for accruing VIP tier benefits.
Tokens you earn cannot be traded until the project has been listed on Zipmex exchange, which typically be shortly and within one month after the earning phase has been completed on ZLaunch. Once trading is live, you will be able to trade any token you received.
User’s ZMT locked in ZLaunch will be recorded every hour. User token rewards are then calculated and automatically distributed to your Z Wallet. Note that while token rewards are distributed on an hourly basis, there will be processing time. Read more about how rewards are calculated here.
When you lock ZMT in ZipLock, the lock period is fixed and your rewards are in ZMT.
When you lock ZMT in ZLaunch, the lock period is flexible and you will receive rewards in the form of tokens from the ZLaunch project you participated in.
Zlaunch Detailed Reward Calculation – How are token rewards calculated?
Every ZLaunch project will have a “Total Token Rewards” amount. All eligible user’s ZMT locked amount in ZLaunch will be recorded every hour for the ZLaunch project. User’s token rewards are calculated and automatically distributed every hour to users to their Z Wallets.
The total amount of rewards given out every hour to all users who locked ZMT in ZLaunch is the Total Hourly Token Rewards. The Total Hourly Token Rewards is calculated by the Total Token Rewards for the ZLaunch project divided by the earning period, typically 30 days, and divided by 24 hours in a day. Calculation formula is as follows:
Users will get rewards based on the ratio of their ZMT locked over the Total ZMT locked multiplied by the Total Hourly Token Rewards. Calculation formula is as follows:
Project token rewards are truncated to 8 decimals. If the project token is smaller than 0.00000001, the project token rewards will be truncated to 0.00000000 (8 decimals).
An Example of Rewards Calculations
Assume a project with Total Token Rewards of 30 million tokens for 30 days of earning.
Total Token Rewards = 30 million tokens
Earning Period = 30 days
Total Hourly Token Rewards = Total Token Rewards ➗ Earning Period ➗ 24 hours
Total Hourly Toward Rewards = 30,000,000 ➗ 30 days ➗ 24 hours = ~41,666.66666666 Project Tokens
Assume the current Total ZMT Locked of the project = 2,000,000 ZMT and user has locked 20,000 ZMTUser’s Token Rewards = (User’s ZMT locked ➗ Total ZMT Locked) X Total Hourly Token Rewards
User’s Token Rewards = (20,000 ➗ 2,000,000) X 41,666.66666666 = ~416.66666666 tokens for the hour locked