💠$zkSHIELD Token Utilities

Transaction fees: On the zkSHIELD network, transaction fees can be paid with $zkSHIELD tokens. Users are encouraged to store and utilize $zkSHIELD tokens as a result, raising the token's total worth.

Liquidity provision: On decentralized exchanges, holders of $zkSHIELD tokens can lend liquidity to the token's trading pairs in return for fees.

Ecosystem: The use of $zkSHIELD tokens enables access to special features and services inside the zkSHIELD ecosystem. Owners of these tokens receive a variety of advantages, including reduced transaction costs, first access to new features, and priority customer assistance.

Borrowing and lending: On various decentralized finance (DeFi) platforms, $zkSHIELD tokens can be pledged as collateral for borrowing and lending, providing users with chances to profit passively from their holdings. Users can engage in lending and borrowing operations without depending on conventional financial intermediaries by utilizing blockchain technology's trustless features.

​Airdrops and rewards: To encourage adoption and involvement with the protocol, the $zkSHIELD team may give out tokens as prizes or as part of airdrops.

​Governance: Owners of $zkSHIELD tokens can vote on proposals for protocol updates and take part in other governance decisions affecting the system.

​Staking: Staking $zkSHIELD tokens allows users to receive incentives while also assisting in network security and decentralization.

​Overall, $zkSHIELD tokens are crucial for encouraging network activity, enabling transactions, and fostering the expansion and development of the zksvm ecosystem.

​

​

​

​

​

​

​