LaunchZone

The live LaunchZone price today is $2,52 USD with a 24-hour trading volume of $163 136 USD. We update our LZ to USD price in real-time. LaunchZone is down ,89% in the last 24 hours. The current CoinMarketCap ranking is #1175, with a live market cap of $5 902 641 USD. It has a circulating supply of 2 343 234 LZ coins and the max. supply is not available.

If you would like to know where to buy LaunchZone, the top cryptocurrency exchanges for trading in LaunchZone stock are currently MEXC, PancakeSwap (V2), and Biswap. You can find others listed on our crypto exchanges page.

LaunchZone - The Ultimate DeFi Platform

Token Introduction and Token Merge

LZ and LZP

The native governance and utility token of the newly integrated LaunchZone Ecosystem is $LZ. We promise to support a sustainable growth and mitigate inflation by completing the manual burns of $LZ on a regular basis.

$LZP is the freshly introduced token, which has the inflationary tokenomics and comes together with a whole new staking and farming system.

Token Merge

The token merge is expected to be finished in July 2021, together with the website migration from https://launchzone.org to https://lz.finance. Users will manually swap BSCX, BARMY, oldZD and newZD are for LZ, zSEED, ZDCASH, iBARMY for LZP to preserve their economic interests, which is the main part of the token merge event.

LZ conversion rate is given as follows:

- 1 BSCX is equal to 1 LZ

- 1 BARMY is equal to 0.000002 LZ

- 1 oldZD is equal to 300 LZ

- 1 newZD is equal to 0.03 LZ

- LZP conversion rate is given as follows:

- 1 zSEED is equal to 1 LZP

- 1 ZDCASH is equal to 0.1 LZP

- 1 iBARMY is equal to 0.1 LZP

- 1 BSCX Heroes Point is equal to 0.1 LZP

All swaps for LZ and LZP are charged a 6% transaction tax.

Why multi-chain?

It’s simple! The high demand for the DeFi services on the Ethereum network creates massive demand for the network. This massive demand eventually translates into very high transaction fees, which makes Ethereum an unusable platform for typical day-to-day transactions. Furthermore, Ethereum is only capable of processing 25-30 transactions per second. This is not fast enough to handle periods of high volume. Ethereum transactions may take much longer than expected because miners have an incentive to include transactions with higher fees first. This makes it incredibly hard to create a scalable product that can be used by millions of users on the Ethereum platform.

BSC has much better speed and lower transaction fees than the Ethereum network. With the support of the world’s biggest crypto exchange, Binance, and its CEO, Changpeng Zhao (aka CZ), BSC is gaining a competitive advantage and liquidity. In the foreseeable future, BSC will become one of the most popular blockchains in the decentralized economy.

Other networks are also proving their strong suits, for example Polygon, Kucoin Chain, Hecochain and Avalanche. LaunchZone sees the exponential increase in users' cross-chain demand and respond effectively. With a solid groundwork on the BSC, we are preparing to expand our services to other network flawlessly and become the leading multi-chain service provider in the whole DeFi space.

Tokenomics

We introduce to you the new LZ and LZP tokens, whose sophisticated token architecture will create a virtuous circle that benefits users in many ways. The system will be the most efficient and benevolent structure to ever hit the market.

LZ Token

The utility and governance token of LaunchZone Ecosystem is LZ.

Token Specification

- Name: LZ token

- Ticker: $LZ

- Network: Binance Smart Chain

- Spec: BEP-20

- Total Supply: 50,000,000 $LZ

- Precision: 18

- Smart Contract Address: 0x3b78458981eb7260d1f781cb8be2caac7027dbe2

Deflationary Mechanism

- LaunchZone Team will manually burn $LZ every week to support the long-term price stability and value growth of $LZ.

- Every transaction of $LZ incurs a 6% tax:

- 2% to add liquidity to pool: 0x3b78458981eb7260d1f781cb8be2caac7027dbe2

- 2% for marketing

- 1% to be burned

- 1% to be sent to the foundation wallet: 0xa8cd2bc8140a760d4ac81e415e0296f3af7aa752

Locking Mechanism

Users can get LZ (in the locked state) through the token merge event, swapping and yield farming. To unlock LZ and proceed with any further activities, users are required to provide liquidity for LZ trading pairs on main DEXs.

LZP Token

LZP is an inflationary token, which means there is no hard cap on the supply of LZP. The reason behind this decision lies in the primary function of LZP: to incentivize our supporters, users and liquidity providers. However, we have to address the problem of inflation.

To reduce the amount of LZP in circulation, we come up with two solutions:

- Reducing block emissions: Reducing the amount of LZP made per block

- Deflationary mechanisms: Regular token burns, and manual burns when needed

Token Specification

- Name: LZP Token

- Ticker: $LZP

- Network: Binance Smart Chain

- Spec: BEP-20

- Precision: 18

- Smart Contract Address: 0x4211959585c8f18b06dab8b5bb0bc825cad4c1de

- Deflationary Mechanism

- Every transaction of $LZP incurs a 6% tax:

- 2% to add liquidity to pool: 0x3b78458981eb7260d1f781cb8be2caac7027dbe2

- 2% for marketing

- 1% to be burned

- 1% to be sent to the foundation wallet: 0xa8cd2bc8140a760d4ac81e415e0296f3af7aa752

Locking Mechanism

Users will also get LZP (in the locked state) through the token merge event, airdrops, swapping and yield farming. To unlock LZP and proceed with any further activities, users are required to provide liquidity for LZP trading pairs on main DEXs.

Emission Rate

10 LZP/Block