CROSSAI Token Utilites
Unlocking the full potential of DeFAI & Chain Abstraction through staking, governance, and strategic rewards, while driving sustainable growth and user engagement.
zkCross Network Token Model
Empowering Value and Governance Across the zkCross Ecosystem
The zkCross Network operates on a robust two-token economy designed to optimise user interaction, governance, and value accrual within its DeFi chain abstraction infrastructure. The tokens—CROSSAI and Cross Power (XP)—each play a unique role in ensuring the efficiency, security, and scalability of the zkCross ecosystem.
1. CROSSAI Token
Overview
Name: CROSSAI
Ticker: CROSSAI
Fixed Max Supply: 2,100,000,000
Token Type: Solana (SPL) EVM (ERC-20)
CROSSAI is the cornerstone of the zkCross Network, serving as the primary utility token within the ecosystem. It is designed to accrue value over time through mechanisms such as staking, rewards, and buybacks.
Utilities
1. AI Agent Subscription & Advanced Features
Premium AI Modules: Users can stake or pay CROSSAI to unlock advanced AI Agent features—such as more frequent data refreshes, deeper on-chain analytics, or sophisticated trading algorithms.
Reduced AI Latency: Higher-tier staking could grant priority processing, ensuring near-instant response times and real-time execution.
2. Staking Rewards
Mechanism: Users can stake their CROSSAI tokens to earn a share of the fees generated on the zkCross Network, distributed as additional CROSSAI tokens.
APY: The Annual Percentage Yield (APY) is variable and depends on network fees collected. Staking CROSSAI also rewards users with Cross Power (XP) as a multiplier.
3. Token Buyback Program
Mechanism: A portion of platform-wide fees is allocated for monthly buybacks of CROSSAI from the open market. These tokens are then transferred to the treasury, creating sustained buying pressure that reflects platform usage.
Value Accrual: As the zkCross ecosystem grows and user activity increases, buybacks bolster the price support for CROSSAI.
4. Governance Participation
Mechanism: Staking CROSSAI grants governance rights, allowing users to influence future upgrades, protocol changes, and key decisions in the zkCross ecosystem without unstaking their tokens.
5. Grant Program
Mechanism: CROSSAI tokens can be allocated to incentivise or support projects building on or integrating with zkCross Network, spurring ecosystem-wide growth.
6. Partner Airdrops
Mechanism: Stakers of CROSSAI can use their earned XP (Cross Power) to earn partner airdrops via dedicated swap pools.
2. Cross Power (XP) Token
Overview
Name: Cross Power
Ticker: XP
Supply: Unlimited
Cross Power (XP) is the rewards token within the zkCross Network, incentivising user engagement and platform interaction. Unlike CROSSAI, XP’s supply is uncapped, enabling it to reward participation without diluting the value of the primary token.
XP Token Multiplier
XP tokens are minted based on an “X” multiplier. Each user interaction on the zkCross Network—such as trades, bridging, staking, or providing liquidity—triggers either the creation or burning of XP. Users can also buy XP in the open market.
How XP Tokens Are Minted
Platform Use / Interaction (Transaction-based)
On-Chain Swap
Cross-Chain Swap
Bridging
Staking CROSSAI
DEX Pool Staking
Bridge Liquidity Staking
Telegram Clicker Game (if applicable)
Utilities
Staking Rewards
Multiplier Logic: When users stake CROSSAI, they earn CROSSAI tokens as rewards plus XP tokens minted via a set multiplier.
Minting Discount NFTs
Mechanism: XP can be used to mint exclusive Discount NFTs (Bronze Voyager, Silver Explorer, Gold Conqueror, Platinum Pioneer, Diamond Navigator), each offering fee discounts for one year.
Merchandise & Event Access
Mechanism: Users spend XP for zkCross-branded merchandise or exclusive event tickets, fostering deeper community engagement.
Governance Tax
Mechanism: Participating in governance (voting or proposal submissions) can incur a tax payable in XP, ensuring that only dedicated participants influence decisions.
Token Burns
Mechanism: XP collected through governance taxes or other utilities is periodically burned by the platform, creating a deflationary effect over time.
XP Multiplier & Emission Example
If a user stakes 100,000 CROSSAI tokens at a 12% APY and the CROSSAI token is valued at $0.10, the user earns 12,000 CROSSAI annually. If the XP multiplier is set at 2x, they also receive 24,000 XP tokens (two for each CROSSAI earned).
Conclusion
The zkCross Network’s two-token model is designed to drive value accrual for CROSSAI while promoting a robust and sustainable ecosystem through XP. By separating core utility, rewards, and governance functions, the network ensures that each aspect of the ecosystem is primed for long-term growth and user engagement.
Ultimately, this integrated approach not only amplifies CROSSAI’s potential but also solidifies zkCross Network’s commitment to chain abstraction and mass DeFi adoption, positioning it as a leader in bridging fragmented blockchain environments.
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