Results are in...
In just 7 days, ~7% of the total $0xZaps supply was staked and earned 1.15 ETH in fees.
At a ~$70K FDV, that means roughly $4,900 worth of staked $0xZaps generated ~$2,150 in ETH fees in a single week.
Iโll let you annualize that one.
Now weโre gearing up for Staking Campaign #
2#, with a new fee split:
โ 50% of ETH trading fees distributed to $0xZaps stakers
โ 50% used to market-buy $HOOKR and permanently bond it into our new Hook Blocks
So every trade does two things:
Pays stakers in ETH + permanently locks $HOOKR into the protocol.
More details on Hook Blocks soon. ๐ช