Auto-yield DeFi coin Zeppelin.dao has attracted 100,000 investors since its launch in April. Available on Binance Smart Chain, Zeppelin.dao (ZEP) claims to be the “next generation of auto-yield token”, enabling investors to earn income simply by holding it.
Every time a ZEP coin is bought, sold or transferred, a 10% ‘Quartermaster Fee’ is applied, with 5% automatically distributed among the coin-holders and the other 5% locked in a liquidity pool via a partnership with Unicrypt, ensuring the future growth of the coin.
Although auto-yield as a concept is not new, ZEP’s difference is that it has a genuine use-case.
That will come in the form of a launchpad created by an initial DEX offering (IDO), a decentralized and permissionless crowdfunding platform, with ZEP holders able to exclusively participate in the private sales of upcoming projects and coins.
Nathan Hill, Zeppelin.dao’s Marketing Manager, said: “Zeppelin.dao is founded on the vision that crypto can empower anyone to reach new heights of financial freedom.
“We’re thrilled that in only a matter of weeks, 100,000 people have seen the potential and invested in ZEP.
“If traditional finance has left you dead in the water, get aboard and be a part of our journey.”