# $ZURA Token

The Zura Token $ZURA is an ERC-20 token that can be traded on Ethereum, Polygon and Binance Smart Chain blockchains. It is the native currency of the Zuraverse ecosystem.

<figure><img src="https://3781438749-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FIMFs2hRHISUx0fbL3ca3%2Fuploads%2FDl9kyfSuQtpWHI1nKf4x%2FZura%20Token.png?alt=media&#x26;token=6fca7d9c-40bf-410d-aaaa-893592a27085" alt=""><figcaption></figcaption></figure>

<table data-card-size="large" data-view="cards"><thead><tr><th></th><th></th><th></th><th></th><th></th><th></th><th data-hidden data-card-cover data-type="files"></th></tr></thead><tbody><tr><td>COMMUNITY REWARDS</td><td></td><td>Rewards for top 50 in leaderboards</td><td>Rewards for community artist</td><td>Referral Rewards</td><td>Tournament Rewards</td><td><a href="https://3781438749-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FIMFs2hRHISUx0fbL3ca3%2Fuploads%2FQqoIlPJRisBruDKs9Rmn%2FZ1.png?alt=media&#x26;token=6c747b26-920d-4300-8b4f-1528e439f6c0">Z1.png</a></td></tr><tr><td>TOKEN STAKING</td><td></td><td>Variable APR in USDC based on $ZURA price</td><td>1 year locked staking for NFT reward</td><td>NFT Staking $ZURA reward</td><td>Variable APR Locked Liquidity pool rewards</td><td><a href="https://3781438749-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FIMFs2hRHISUx0fbL3ca3%2Fuploads%2FTa55qIskhwBHQJ8dFjsy%2FZ2.png?alt=media&#x26;token=102b081d-897f-4521-8048-a81c4f880cc9">Z2.png</a></td></tr><tr><td>DIGITAL ASSET PURCHASE</td><td></td><td>Zura NFTs</td><td>Accessories to enhance attributes</td><td>In game marketplace for customization</td><td></td><td><a href="https://3781438749-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FIMFs2hRHISUx0fbL3ca3%2Fuploads%2F2OJqnwcP5YKskkcCJZ7i%2FZ3.png?alt=media&#x26;token=5e04b734-86e7-4709-901b-d7abc9430991">Z3.png</a></td></tr><tr><td>GOVERNANCE &#x26; VOTING RIGHTS</td><td></td><td>Vote on New Features.</td><td>Bug-Bounty Campaign.</td><td>Contribute to game art.</td><td>DAO Conversion.</td><td><a href="https://3781438749-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FIMFs2hRHISUx0fbL3ca3%2Fuploads%2FRlXG7VDVmwxHIa94MCzo%2FZ4.png?alt=media&#x26;token=831f6e12-dcb1-4433-97a6-478c7260d2f8">Z4.png</a></td></tr></tbody></table>

## $ZURA TOKEN UTILTY

* $ZURA token can be used to trade digital assets and accessories from our marketplace.
* Option of 1-Year locked staking of $ZURA token which will provide a variable APR from Reward pool in USDC.
* Liquidity Staking (Dual Asset): Variable APR from Reward Pool. Ex. ZURA/USDC in 50:50 to be staked in a DEX liquidity and the liquidity token has to be further staked on our website to receive the rewards.
* There will be a separate reward pool of $ZURA tokens set aside to be distributed for NFT and Token Staking from our Ecosystem Rewards Pool.

## Token Burning Mechanism

To counter the selling pressure of tokens from the vesting period, rewards earned for playing the game and staking rewards, we have introduced multiple token burning mechanisms to balance the supply and demand.

* All NFTs bought on our platform would be free of trading fee(barring transaction cost) but selling NFTs will entail a 5% transaction/royalty fee. 50% fee would be used to buy back $ZURA tokens on the market and burned on a quarterly basis, or as required. All sellers would be rewarded with Karma Points(XP) for their action.
* Using Zurian NFTs one can experience Zuraverse any way they want. When playing games(which leads to $ZURA token rewards) Every player will lose his energy gradually. And they have to burn $ZURA tokens regularly to replenish their energy. Tournaments and special events will deplete more energy but rewards will also be more.
* Partial amounts of $ZURA Tokens can also be used to get a discount when purchasing NFTs, accessories, land parcels, etc. All the tokens used for such discounts, will be burned.
* The team may decide to do voluntary token burning from time to time as a reward to the community and investors.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://zuraverse-1.gitbook.io/zuraverse-whitepaper/ecosystem/usdzura-token.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.