Zem Token

Zem Finance operates for the benefit of DeFi and the overall Web3 economy. As such, it is currently planned for the centralized development team behind Zem Finance to be phased out and replaced with a fully self-sustaining DAO to operate Zem Finance. Although this is far in the future, the first step to creating this is to create a governance structure based on incentives. The Zem finance token exists to provide that incentive.

Zem Finance takes a very small percentage from the NAV (Net Asset Value) behind index tokens to help operate our team and platform. This kind of fee structure is standard in any index token or fund-related industry, although the percentage we take is significantly lower than any competition. When the Zem token is introduced, any and all fees accumulated from the operation of index tokens will be redirected into the Zem token and Zem Finance platform. This will be through a variety of ways, including but not limited to our Zem Yield model, increased liquidity, and market buying the Zem token.

Currently, the launch of the Zem token is planned for Q2 of 2023. You can view more about our development timeline here.