ZOS smart finance is a decentralized autonomous new financial system, where there are consumer(user) and contributor(block producer, Worker, operator and gateway). Therefore, ZOS designed a whole set of reward system to encourage all characters to actively participate in construction of ZOS ecology.
ZOS designed a user reward system. After sign up in ZOS official website and download ZOS World App, users can do mining and invite friends in App. With ZOS APP, mining can be done just by using a mobile phone. We’ll calculate “agility” for each user. The more frequently users use the official APP, the higher the agility, and the greater the chance of getting ZOS coins every day. If inviting friends to join ZOS, a user can become a reference. Click “Invite” in App, the reference code with App QR code will be generated. The reference can get agility as the reward for each successful referral, as well as a certain proportion of service fee paid by users registering by the referral code for using ZOS services. (see the Schedule of Rate)
Block Producer Rewards
Block producers receive rewards for providing the server required by the platform, deploying node programs, and packaging blocks generated. We set up a node reward pool of 700 million ZOS tokens in total. And at the same time, Gas fee(GAS) generated by each transaction on the blockchain will also be put in the pool. ZOS generates one block every 3 to 5 seconds. At the initial stage, packaging a block will generate 10 ZOS Tokens, which are deducted from the node reward pool and directly sent to Block Producer’s on-chain account through smart contracts.
Worker is the contributor that offers proposals and solves problems for the ecology. ZOS designed a budget mechanism to reward Workers. We built a budget pool of 700 million ZOS tokens used for the platform construction, and the service fees (BTC, ETH and others) charged by the platform are also put in the budget pool. Worker can initiate a budget proposal, and if it is voted through by the budget committee, he can get the token rewards periodically. These tokens are deducted from the budget pool and sent to Worker’s cryptocurrency account through smart contracts.
Operator & Gateway Rewards
Operator provides ZOS users with convenient financial services. Gateway offers ZOS ecology the access to fiat currencies. Both operator and gateway can get the rewards for the services. The service fees users paid for using ZOS service, will be accordingly distributed to operators and gateways to their cryptocurrency accounts through smart contracts. (see the Schedule of Rate)