Consumption Based Burning

Objective

To ensure the ongoing viability of ZBU to continue to be a means of settling telecom invoices it is important that ZBU prices do not experience significant fluctuations. Accordingly, Zeebu has developed a redemption mechanism in which the ZBU that will be redeemed for fiat will be burned.

Burning Rate

The amount of ZBU burned will be equal to the redemptions for fiat sought on the Platform. Zeebu will continue to evaluate the need for price stability and may alter the burn rate, but not without prior written notice.

Formula for Quarterly Token Burn:

To maintain absolute transparency, here’s our formula:

This formula encapsulates:

• Total Quarterly Consumption: This is the aggregate settlement volume on our platform over a three-month period. It’s calculated as Daily Settlement Volume multiplied by the number of days in the quarter.

• Closing Day Token Price: This is the average market price of ZBU on the day of burning, ensuring fairness in our approach.

Burning Mechanics:

Our commitment to market stability is reflected in the periodic burning of ZBU. When considering adjustments to the burn rate, we take into account a multitude of factors:

• Market adoption rates and transaction volume spikes.

• Shifts in local and global telecom markets.

• Regulatory changes impacting our operations.

• Fluctuations in foreign exchange and crypto markets.

• Advancements in blockchain technology.

• Political stability in regions where ZBU is heavily utilized.

• Variations in transaction fees within the telecom industry.

Governance & Transparency

At the heart of ZBU Phoenix Protocol is a system designed with our community's best interests in mind. Governed by clear-cut rules, this framework ensures predictability and openness in our operations. Our oversight team, comprising seasoned professionals, oversees the meticulous execution of the burn process. Plus, the immutability of our smart contracts adds an extra layer of trust.

In the spirit of transparency, we'll publish detailed quarterly reports and disclose all fund storage addresses. To further stabilize price volatility, token purchases will be based on the quarter's ending day price. All tokens are set to be burned on Ethereum and BSC at the designated dead address.

Differential Tokens and Sustainability

Fostering sustainability, differential tokens from our accumulated burning pool are allocated to ZBU CLUB for community growth and development. This not only supports our ecosystem but also ensures long-term viability and innovation.

ZBU Quarterly Burn History

Burning Pool - This accumulates all the tokens used in transaction settlements.

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The ZBU loyalty utility token is designed to introduce a B2B loyalty program and revolutionize global business transaction settlements. The ZBU token is built on Ethereum's ERC20, Binance Smart Chain BEP20 Standards & BASE's ERC20. ZBU tokens will be interoperable between these two blockchain platforms. The primary use-case of this token is to ensure a cost-effective, fast, and transparent mechanism of transaction settlement and offer loyalty rewards to Zeebu ecosystem partners.

Token Information

The Zeebu token will have the symbol “ZBU”. The token can be recognized as ZBU on various platforms. The ZBU token has a fixed 5 billion token supply and follows the deflationary model. The ZBU token can be divided up to 18 digits after the decimal.

Token Distribution

At the launch stage, ZBU will be listed to the major decentralized exchanges, such as Uniswap, so ecosystem partners can acquire tokens for transaction settlement. In the next stage, ZBU tokens will be made available on centralized exchanges to expand the token availability for the ecosystem partners in different geographies. In addition, early backers to the platform can buy the ZBU tokens over the counter prior to the token launch.

Token Utility

• Transaction settlement - Authorized merchants and customers will settle their invoices using ZBU tokens.

• Loyalty rewards - Authorized merchants and customers will receive ZBU token rewards on each successfully settled invoice. Merchants and customers each receive rewards of upto 2.5% of the invoice value in ZBU.

• Governance rewards - ZBU tokens will be used to provide additional governance rewards to early backers who contribute to the platform governance.

• Transaction fee - ZBU tokens will be used to pay the transaction fee to the payment processor for settling transactions.

Token Economics

Zeebu will release a fixed token supply of 5 billion tokens during the token generation event. We have detailed the ZBU token projections in the following section.

Circulation Supply

At launch, a total of 369 million tokens will be released for merchants and customers to purchase from centralized exchanges.

Loyalty Rewards

Customers and merchants will earn loyalty rewards in the form of ZBU for each successful transaction. The loyalty reward value will be equivalent to a total of up to 2.5% of the invoice value. Merchants will receive 1.1% of the invoice value and customers will receive up to 1.4% of the invoice value as loyalty rewards in the form of ZBU tokens. Loyalty rewards will be distributed from the reserved kitty of the payment processor.

Payment Processor Fee

Customers and merchants will incur approx. 1% of the value of each invoice as the payment processor fee in the form of ZBU tokens.

Below is an overview of the token allocation of the total 5 billion tokens.

Token Supply Addresses and Blockchain:

Below is an overview of the token allocation of the total 5 billion tokens on each blockchain.

ZBU is a loyalty utility token based on Ethereum and the Binance Smart Chain that fuels the Zeebu platform for customers and merchants. The token smart contracts are developed with OpenZeppline contracts, leveraging their battle-tested libraries to enhance security and reduce vulnerabilities.

The ZBU token incorporates several technical features, including safeguards to prevent the accidental sending of tokens to the token address itself. This is achieved through the implementation of a “require” function that verifies the recipient is not the same as the token contract address. Additionally, ZBU includes a cliff and vesting function to lock a predetermined amount of tokens for a specified duration within designated contracts, such as liquidity pools. Custom bridges for the Binance Smart Chain and EVM chain have also been developed to facilitate the seamless movement of tokens between pools on different chains.

ZBU also includes several upgradability features. The token and vesting contracts themselves are not upgradeable, but the token outposts, which are the token contracts on other networks, are upgradeable as necessary to respond to changes in bridge contracts. Additionally, the loyalty reward contract is designed to be upgradeable to support the introduction of new loyalty use cases.

• Token Name: ZEEBU

• Token Ticker: ZBU

• Standard: ERC-20 , BEP-20

• Max Supply: 5,000,000,000

• Circulating Supply: 369,000,000

• TGE: 22-04-2023

Official Smart-Contract for ZEEBU (ZBU) Token

ZBU is also listed on popular price discovery websites like CoinMarketCap and CoinGecko

Private Sale:

Total Tokens Allocated: 500,000,000

Seed Round - Comprising of Soft-cap and Hard-cap achievement

Round 1 (Presale Round):

• Start Date: 15th February 2023

• End Date: 5th April 2023

• Tokens for Sale: 60 million

• Price per Token: $0.20

• Total Funds to be Raised: $12 million

Round 2 (Private Placement Round):

• Start Date: 23rd April 2023

• End Date: 30th May 2023

• Tokens for Sale: 40 million

• Price per Token: $0.325

• Total Funds to be Raised: $13 million

ZBU is distributed uniquely to create a value ecosystem for all the participants.