HOW TO STAKE FOR ZOS COINS!

ZOS Lending Network
Nov 6 · 5 min read

ZOS is a decentralized financial system created for lending, stable coins and transactions. The project was conceived by Gao Chao and co-founder Zhang Tai in 2017. During these 2 years, they have aimed to create public blockchains and build a decentralized finance system. And now the system has 3 fiat currencies involved: Canadian Dollar, Philippine Peso and Singapore Dollar plus other cryptocurrencies: ETH, BTC, etc. And since July 2019, it has launched on MXC Exchange.

About ZOS Network

The ZOS network is divided into 3 layers.

ZOS is a decentralized financial system for lending, stable coins and transactions, a sustainable and profitable financial public chain. ZOS is a cross-chain distributed financial network (Defi) that connects fiat currency and digital currencies to build a distributed financial system through three pillars.

The first pillar: ZOSLending, allows users to cross-chain mortgage digital assets whilst financial institutions around the world to provide users with fiat currency lending services, to achieve the fiat coin on the chain of compliance lending;

The second pillar: ZUSD, is the first Bitcoin-based excess mortgage issue of stable debt ZUSD. It introduces a “low-interest lending, holding interest” financial model, and can reduce global lending rates;

The third pillar: ZOSEx, carries out chain settlement, chain-based de-centralized trading business, so that the chain of fiat currency and digital currency has free trading.


ZOS Node partner 2.0

There are 3 ways to earn ZOS coins including:

· Through purchasing coins on MXC

· Earn ZOS by participating in ZOS mining through DPOS and POS and business mining

· Become an operator on ZOS, and applying for a budget.

ZOS users: Smart users, Referrals

ZOS finance: Operators, New Accounts

ZOS network: Nodes, Smart Gateway

ZOS system is divided into three levels: network layer, financial business layer and user layer, each level has different participants, but also have different governance models and reward models, each participating role can earn money, can participate in governance.

Finance business layer: If you are an institution, you can become a financial business node (operator), open a “bank” to carry out deposit, loan, foreign exchange, transactions and other business.

User layer: If you are a user, you can lend to earn interest income, you can also hold ZUSD to earn interest income, you can also trade to earn incentive income. You can also become a referral and earn revenue from the recommendation. User relations on the ZOS chain are open, and nodes can set up their own reward systems as part of open finance.

Network layer: ZOSChain pioneered the stake economic model of DPoS-PoS double mining, that is, it can be commissioned to mine, or the user can mortgage mining. This makes the network more robust with competitive models. ZOS introduces the bank capital adequacy ratio model, and uses its own assets as collateral, so it can become a trustee for mining. If the user does not want to entrust mining, it can also be used as bank deposits, these are assets on the chain can obtain mining income.

What’s more, not only does holding ZOS can allow you to mining but holding BTC can also mining which is the value of ZOS financial public chain. The industry through quantitative transactions to save the coin interest model to become a loan interest and fee risk-free model. In the near future, a node reward program will be launched to allow early participation in nodes and enjoy the bonus of the network. These three levels constitute the complete system; and from this you can see that there are many business opportunities.

Hence everyone can become a banker.


Rewards of ZOS Node

Recently we have introduced an updated version of our reward system. Below is the article to help to potential partners who are interested in becoming ZOS nodes to learn more about ZOS’s Node program.

These incentives are to motivate community members to participate in ZOS’s partner program and community building. ZOS hopes that community members will become contributors, maintainers and stakeholders of the ZOS ecosystem and truly dominate the future of ZOS.

Below is the updated version of our reward system ZOS Reward Plan 2.0. There are 4 tiers:

Foundation rewards: diamond nodes, management partners, and super partners.

Foundation reward

For Diamond: The total reward can be up to 6,000,000 ZOS with accumulated revenue totaled 48,000 ZOS.

For Gold: The total reward can be up to 1,000,000 ZOS with accumulated revenue totaling 12,000 ZOS.

For Silver: The total reward can be up to 50,000 ZOS with accumulated revenue totaled 1,250 ZOS.

Note: The reward is only available during the duration of the membership.

Diamond membership exclusive:

Invite 5 more diamond nodes and earn 0.1BTC.

Note: 0.00027397 BTC is released daily, cumulating in 0.1 BTC.

During this period, all participants must have diamond memberships. Should the membership expire, the rewards will be stopped. Diamond nodes are exclusive rewards, and each user can only receive one time, not cumulatively.

Management Partner

Complete the node task and become the management partner plus earn both ZOS and BTC tokens.

Cumulative bonus: 9 million tasks completed and a total of 540,000 ZOS and 1.2 BTC

Super Partner

Complete more than 50 million node tasks and become our super partner. Limited to 21 members only with a share of 350 million ZOS.

  • The final interpretation of these rules is owned by ZOS.

Conclusion

In conclusion, we hope this article has explained the structure of ZOS. We hope you have a clearer understanding of 3 pillars: ZOSLending, ZUSD, ZOSEx and the differences between the smart users, operators and network.

We hope you understand staking works for ZOS coins. And we hope that our new reward system for staking will attract more users and customers to our services.


Follow us on Twitter: https://twitter.com/zosfoundation

Our English homepage: zos-network.html

ZOS Lending Network

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Global Crypto-backed Lending Service

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