What is $YUGA

$YUGA is the native token of the zkYuga ecosystem, acting as the fuel that drives our mission towards a sustainable future. While traditional reward systems offer temporary incentives, $YUGA fosters long-term engagement and community ownership.

Benefits of $YUGA Token

Similar to airline reward points, $YUGA is required for various activities within the ecosystem. This includes:

Build to Earn:

Developers earn $YUGA for contributing and developing their projects on the network. Additionally, a portion of $YUGA is burned (removed from circulation) during transactions, ensuring value appreciation over time.

Self Sustain:

Projects building on top of zkYuga blockchain need to use $YUGA as gas fees, further solidifying the token's value.

Future use cases:

As the ecosystem evolves, $YUGA may be used for various transactions like car payments, insurance, and rentals, with a portion burned in each transaction to maintain token scarcity.

Governance Rights:

$YUGA holders have the power to shape the future of zkYuga. They can vote on crucial decisions like:

• Upgrades to the platform's software code and protocols. Standards and licensing procedures. Fee structures and reward distribution mechanisms. Token functionalities and properties. By empowering token holders, zkYuga ensures that the future of the platform is shaped by the community it serves, fostering a transparent and accountable system.

Aligned Incentives:

$YUGA incentivizes various participants to contribute to the ecosystem's long-term success:

Businesses:

Hardware manufacturers, data transmitters, and app developers must utilize $YUGA to maintain licenses and deploy products within the network, aligning their goals with the overall ecosystem's well-being. Data miners: Similar to other blockchain projects, operating data miners within the zkYuga network requires a $YUGA investment, further solidifying commitment to the platform. Community Recognition: Owning $YUGA signifies active participation in the zkYuga community. This may translate to:

Access to unique features within zkYuga applications. Participation in exclusive events and initiatives. Beyond Cash Incentives:

Unlike traditional platforms reliant on venture capital and user manipulation, zkYuga adopts a community-driven approach. $YUGA empowers users and stakeholders, fostering a sustainable and equitable ecosystem built on transparency, shared ownership, and collective action. We believe this represents the future of collaborative initiatives, paving the way for a more sustainable world.