Zoocoin White Paper V 1.0

V 1.0 April 2021

1. Project Overview

Project name: Zoocoin Protocol

Governance Token: Zoocoin (ZOO)

Project Description: Zoocoin protocol is an innovative community self-governance project, deployed on Binance Smart Chain(BSC). Zoocoin protocol integrates the mainstream innovative DeFi products and cutting-edge NFT mechanism on the market. It will also integrate many excellent decentralized financial services such as DEX, Oracle, NFT, Vault, Loan and Insurance, to improve the entire ecosystem in the future.

Zoocoin protocol obtains exclusive rights to NFTs by burning ZOO, to participate in the state construction. It innovatively introduces the NFTs token system, and the reward system, making NFTs and DeFi cleverly integrated for the first time, making it the perfect expression of NFTs application to blockchain.

2. ZOO Token Economic Model

Total supply: 100,000,000,000,000 ZOO (100 trillion)

Precision: 9

Network: Binance Smart Chain (BSC)

Spec: BEP20

Token economic model: Holding is mining + automatic replenishment of liquidity pool.

A 10% penalty fee will be charged for the transaction of ZOO.

The contract automatically allocates 5% of the fee to all holders in proportion to their holdings, i.e. "hold to mine".

The other 5% will be put into a pool, and after reaching a certain amount, the contract will sell out 50%, then inject BNB+ZOO into PancakeSwap to provide ZOO liquidity.

Token Distribution

Since Zoocoin protocol is a purely autonomous community project, except the initial 18.8% permanently burned ZOO, all the remaining ZOO is injected into the Pancake Swap liquidity pool with no pre-sales or team shares set aside.

Allocation Type	Allocation Ratio
IDO (injection into liquidity pool)	81.2%
Permanent Burn	18.8%

3. ZPass (Zoo Passport System)

3.1. ZPass application and upgrading mechanism

ZPass is divided into 7 levels. Community residents can purchase Pass F directly by paying 20,000,000,000 ZOO (aprx. $20), while the rest of the levels need to complete the task (having a minimum of 3 direct invitations can update ZPass), to update successfully. ZOO paid for Pass F will all be credited to the reward pool. Whenever a user updates ZPass, he gets the corresponding update bonus.

Level	Supply	Acquisition	Price (Tentative)	Upgrade Bonus (Tentative)
Pass S	No limit	Update with 3 direct invitations Pass A	-	729,000,000,000 ZOO
Pass A	No limit	Update with 3 direct invitation Pass B	-	243,000,000,000 ZOO
Pass B	No limit	Update with 3 direct invitations Pass C	-	81,000,000,000 ZOO
Pass C	No limit	Update with 3 direct invitations Pass D	-	27,000,000,000 ZOO
Pass D	No limit	Update with 3 direct invitations Pass E	-	9,000,000,000 ZOO
Pass E	No limit	Update with 3 direct invitations Pass F	-	18,000,000,000 ZOO
Pass F	No limit	Buy directly	20,000,000,000 ZOO	-

3.2. ZPass Value-added

ZPass holders will receive different levels of value-added services or privileges, according to their level, when they participate in all the products in the financial section. For example, in the future NFT blind box section, users with different levels of ZPass will receive different levels of jackpot bonus when drawing the same blind box, so that they can easily surpass their opponents.

4. Zootopia Finance

4.1. ZNFT (NFT Blind Box )

Community residents use ZOO to buy NFT blind boxes and gain rare NFT entries. Each draw has a different probability of winning and will receive different levels of bonus according to the level of ZPass held by the user. In addition to the beautiful design of each NFT piece, more novel and interesting financial and game play will be added, and more details are still under intense discussion in the community.

4.2. ZSwap (DEX)

Platform token trading: ZOO/BNB and ZOO/BUSD tradings are directly through ZSwap, with no need to jump to decentralized exchanges (Pancake Swap) and other third-party trading platforms.

NFT trading: users can place orders to exchange their ZNFT, and 50% of the transaction fee ZOO will be burned, 50% will be allocated to ZOO holders.

4.3. ZVault( Earn)

ZVault, as the name suggests, the pool of different cryptocurrencies with the same algorithm, to continuously replace the coins with high returns, can be unified by a coin settlement, but also a separate settlement.

Users can deposit ZOO and other cryptocurrencies, and the yield farming pool will find the optimal investment path according to the strategy algorithm. The revenue generated by the yield-farming pool will be distributed according to the proportion of ZPass holdings (the same principle as farming revenue distribution)

4.4. ZLoan (Lending)

Community residents can obtain circulating tokens such as stable coins, by pledging cryptocurrencies to truly realize the thrill of one-stop leveraged transactions on the blockchain. At the same time, it is also possible to get a fixed income return by lending stablecoins.

By over-pledging, larger funds are available. Thus, it will increase the rate of return.

Example.

Before lending : Users who deposit 10,000 USDT directly to the yield farming pool will earn 50% return and 5,000 USDT.

After lending : If the user uses 10,000 USDT as collateral to get 20,000 USDT of capital, if the return is 50%, the profit will be 10,000 USDT.

4.5. ZInsur (Insurance)

Users deposit cryptocurrencies(e.g. BNB) into a shared capital pool and, in return, they receive Zoocoin. Users can submit insurance claims to ZInsurance ; whereas, the ZOO holders vote on whether to accept the claim or not. The capital pool is then used to pay insurance claims.

5. ZDao (Governance)

DAO, or decentralized autonomous organization, is a technique written in code and running on the blockchain. It also runs on a new form of governance. Early explorations of DAOs focused more on their technical development and less on their social impact, leading to a series of failures and exposing the limitations of the rigid "code is law" approach to DAO design. In Zoocoin protocol, we introduced a more comprehensive approach to DAO, one that combines technical engineering with social network design. We call this approach, ZDao.

Zoocoin protocol users need to possess ZPass and staking ZOO in order to get the right to vote, initiate issues, and discuss for each module's parameters, and add new feature points.

Rights and benefits:

1. Initiating issues

2. Participate in voting

3. Get pledged proceeds

Calculation rules are not the whole rules, and programmed automation does not magically lead to a healthy governance mechanism. We believe that taking the ZDao approach and adopting some concepts from social science will help us build and manage a healthy DAO.

6. Roadmap

2021 Q1	2021 Q2	2021 Q3	2021 Q4
Market Research Product pre-research Team building	Official website launch Release of white paper ZOO Token Issuance	Launch ZPass Launch ZNFT Launch ZVault	Launch ZNFT trading board
2022 Q1	2022 Q2
Launch ZDAO	Launch ZOO Smart Chain (layer2)

7. Zoo Vision

Since our launch as a community-driven protocol, our simple but ambitious vision has always been to integrate mainstream DeFi products & NFT mechanisms into one system that runs as a decentralized autonomous organization.

In line with this core vision, we will create an NFT exchange and a DeFi game integrated with Zoocoin. Our ecosystem will comprise of 4 primary features;

• Zoocoin, a cryptocurrency issued through a static reward mechanism that ensures it is free from careless price fluctuations.

• Zoolet, a first-of-its-kind animal crypto farm that will allow users to invest in their favorite animal crypto. Zoolet will be crucial in helping Zoocoin avoid the current problem faced by most decentralized protocols -- overcirculation that leads to devaluation of tokens -- by implementing an effective burn strategy.

• Zooter, a decentralized social media platform that will allow Zoocoin users to like and dislike posts by burning ZOO.

• Zooswap, an integration that will allow users to swap ZOOs to other tokens using Pancake swap.

Our initial push of making Zoocoin a community-driven protocol will see us begin a charity project before integrating with African markets. We will also expand our Zoocoin team by 60% to create more jobs.

We are, also, planning to accelerate mainstream crypto adoption by creating a crypto education app, as well as a Zoocoin Scholarship.

8. Disclaimer

1. The platform products are formally implemented from publication date, and will be modified or improved from time to time. The new rules, after modification or improvement, will be effective immediately after publication date.

2. If you do not agree to the rules and the content of the modified or improved rules, please immediately stop using the platform services.

3. If you continue to use the platform services, you are deemed to fully understand and accept these rules and the content of the rules as modified or improved from time to time, and voluntarily be bound by them.

4. The user shall bear any loss caused by fluctuation of coin price and congestion on the chain during the mining period. The platform only provides transparent operation behavior and data logs for users to review.

5. Mining is a way to participate in Defi asset investment at present because the infrastructure is not particularly perfect, and there is a huge risk involved. While the platform provided by Zoocoin protocol is also in the testing process, please users are obliged to judge the risk before deciding to participate.