Refining Our Process

Building A Stronger Future For Our Community With The Pantheon

Olympians,

As many of you know — based on our previous statements — the core team has been meeting to discuss different types of beneficial paths moving forward for the protocol and how to ensure that we secure longevity. Many of you have been curious about these decisions, desiring more definitive answers than what we have provided thus far.

Now, let’s be real. For cryptocurrencies, even the smallest changes can have a significant impact. As a team, we must pay close attention to the details and make sure that our protocol is designed with precision and care. We need to ensure the protocol’s sustainability so that we can provide real passive income to all of our Olympians for years to come.

What does this mean for Zeus Finance?

It means taking a hard look at our entire business model, from tokenomics, to emissions, to utility, and identifying the areas where we can make major improvements. We must ensure that our protocol is designed to be both sustainable and scalable, while also protecting the interests of our investors.

In this article, we will explore some of the steps we are taking to refine our protocol and make it more resilient in the face of the challenging market conditions and ongoing sell pressure. From adjusting our reward mechanisms to developing a new token — ensuring that we capture The Pantheons value — we are leaving no stone unturned in our efforts to build a stronger and more sustainable protocol.

Initial Coin Offering (ICO): At Zeus Finance, we understand that trust and transparency are critical for the widespread adoption of cryptocurrency. Our mission is to change Web3 by providing quality assurance management services to protocols, making them more efficient, transparent, and trustworthy — all through our project, The Pantheon.

To assist in its growth, we are creating and launching a brand new token for the project, $PAN, that will specifically be utilized on the continued development of quality assurance standards for Web3 by creating a decentralized process in the maintenance and adoption of a quality management system (QMS) for the industry. We know that adopting a QMS can help improve a protocols overall performance while providing a sound basis for sustainable development initiatives. The Pantheon will be the provider of such a service.

As we have declared, the team imagines that $PAN will be a token that assists in the ongoing process of developing an ethical marketplace for transacting on the blockchain. Not only that, but through providing users with important information about the projects and organizations that they are considering engaging with through a membership model that provides access to a database of all accredited projects and organizations, $PAN inherently holds utility without any need of a monetary value.

Essentially, $PAN will be used to transform what it means to be a “transparent” protocol. It will be utilized as a token to gain access to premium data and information in a central (though decentralized) location.

Behind the scenes, our team has been working tirelessly to develop a tokenomic and distribution model that is designed to be scalable, secure, and easy to utilize. We have even onboarded a well known developer in the space to advise the best way to go about building the token, the dApp, and on how to go about the ICO. We are designing this token from the ground-up and it’s truly refreshing not to be constrained. The advisor has been extremely helpful — and quite generous — with his time and expertise and it’s truly been an ideal situation for our team here on Mt. Olympus.

To kick off the launch of our new token, we will be holding an initial coin offering (ICO) to give early investors the opportunity to get in on the ground floor. This will be a limited-time opportunity to purchase our new token at a discounted price before it becomes available on exchanges.

For those who aren’t aware, an initial coin offering (ICO) is a type of capital-raising activity in the cryptocurrency and blockchain environment. The ICO can be viewed as an initial public offering (IPO) that stocks utilize, but for cryptocurrencies. The main advantage of ICOs is that they remove intermediaries from the capital-raising process and create direct connections between the company and investors. The interests of both parties are aligned, and generally all stakeholders involved benefit.

The main idea of ICOs is the ability to leverage the decentralized systems of blockchain technology in capital-raising activities that will align the interests of various stakeholders.

The steps to our ICO are listed below:

1. Identify Investment Targets

This begins with our intention to raise capital. We will identify the targets for our fundraising campaign and create the relevant materials about The Pantheon — and $PAN — for potential investors.

2. Create Tokens

The next step in the initial coin offering is the actual creation of the tokens. We must create the smart contracts for PAN. Essentially, the tokens that sell are representations of an asset or utility on the blockchain. Unlike stocks, the tokens generally do not provide an equity stake in company. Instead, the tokens will provide the owners some utility.

3. Promotional Campaign

We will be running a promotional campaign to attract potential investors. In addition, we are also allocating a generous amount of PAN tokens to be distributed to partners and protocols that we initially onboard, providing them with the means to help decide the future of creating an ethical marketplace, giving them an incentive to help spread the word and participate in the ICO. With their support, we will have access to a supply of potential investors, all users of the projects that we onboard.

4. The Initial Offering

Once we create the LLC and file to become a Security with the SEC, we are capable of launching our token, legally. So essentially, after creating PAN, we offer the token to investors.

At this moment, we have not decided on the ICO platform to launch the token on. We may, based on the scenario, launch the token ourself on our own website. We plan on using the proceeds from the ICO to launch the Web3 version of The Pantheon (our blockchain based QA Standard and DYOR Directory), extend our runway, and onboard a few more members to the team.

The early investors can expect to use the acquired tokens to benefit from the product or wait for the appreciation of the tokens’ value.

We have developed the token distribution model, though it is subject to change. We decided to keep a large portion of Reserves, with the idea to remain flexible with PAN emissions. We want to provide some innovative emission mechanics for investors, such as Crew3 quests (engagement), airdrop/claims for ZEUS Node holders (rewarding early investors), bribes, liquidity bonuses, staking emissions, etc. Again, the idea here is to remain flexible when emitting the reserves for incentivizing action.

So, you’ll notice that it says that 100% of the tokens are distributed upon launch, but 25% are allocated to reserves which are essentially going to be utilized as emissions.

The Token Distribution (Subject To Change):

Total Supply: 100,000,000 PAN

Initial Token Distribution: 100,000,000 PAN (100%)

• Pre-Sale: 20% (20,000,000)
• Liquidity: 20% (20,000,000)
• Early Adopters / Partners: 15% (15,000,000)
• Development: 10% (10,000,000)
• Core Contributing Team: 10% (10,000,000)
• Reserves: 25% (25,000,000)
  — Emissions
  — Crew3 Quests
  — Airdrop Claim

Now, to stay true to remaining decentralized, in addition to already seeing the benefits of utilizing the Avalanche consensus, we have chosen to launch our new token on the Avalanche Network. The chain offers lightning-fast transaction speeds, extremely cheap transaction costs, and robust security features, as many of you know. By launching on Avalanche, we are able to provide our Olympians with a seamless and secure experience that is designed to meet their needs when interacting with our project. Plus, you never know how much The Pantheon expands, where we launch a subnet, helping secure the network, with the entire quality assurance process on its own chain (using PAN as gas), supporting all of the projects involved with the enterprise (just an idea). We also have the option of bringing PAN multi-chain.

Truly, our new token will be used to power The Pantheon, providing users with access to a range of innovative features and services. We are confident that our new token will become a valuable asset within the cryptocurrency ecosystem and will play a key role in shaping the future of decentralized finance.

Airdrop Claim: In case you missed it above, Zeus Finance Node Holders will be allocated a portion of PAN tokens as a claimable airdrop. Right now, the exact details of how many tokens and the standards for distribution are still up in the air.

Of course, details will be released before the ICO.

As of now, we are thinking about allocating 1–3% (1–3 Million Tokens) of the total supply to the airdrop for node holders.

Node Cap & ZEUS Emissions: The soft cap for the number of nodes has been determined. Again, being a soft cap means that we may adjust these numbers, but as of now, we have an estimate of how many nodes we plan on having in total.

Now, we understand that the more nodes that are added to the network, the less value each would technically provide — since each node is distributing a portion of total profit. Therefore, there is a limit to the number of nodes that can be added before the nodes become inefficient for investors.

So, based on the current number of nodes and the potential profit we see being attained from our services, we will ideally have 50,000 Kronos Tier Nodes and 50,000 Zeus Tier Nodes for a total of 100,000 Nodes.

We have not decided on the final steps for transitioning the Hercules and Hera Nodes, though we have some ideas. Any missing details will be filled in once the decision has been made.

So again, for clarity, we plan on having the total numbers of nodes for each tier:

Zeus Node Tier Capacity: 50,000 Nodes

Kronos Node Tier Capacity: 50,000 Nodes

Along with the soft node cap, we have the potential dates for all of the changes to occur. Again, this is all subject to change but we want to provide you with details about where we are currently at and what we foresee in the immediate future.

Potential Timeline: Right now, this is what we are envisioning, if everything goes according to plan.

Non-KYC On/Off Ramp with RBX: Mid March (Testing is going well and as of now, their timeline remains intact)

dApp Redesign + veZEUS Implemented: Mid March

ICO Date / PAN Token Launch: April 28th

100% ZEUS Emission Cuts From Nodes: After ICO (Early May)

Stop Single-Sided Staking: After ICO (Same time as emission cuts)

Node Caps: Likely reached in early Q3

NFT Nodes + USDC Emissions: As soon as we have sustainable runway and revenue, likely end of Q3 or early Q4

Olympians of Avalanche NFT (OoA) ZEUS emissions: Q4 2023

Potential ZEUS Rewards for OoA (Subject To Change):

• Common — 2 ZEUS/day x 251 NFTs= 502 ZEUS Total
• Rare — 3 ZEUS/day x 150 NFTs = 450 ZEUS Total
• Epic — 5 ZEUS/day x 79 NFTs = 395 ZEUS Total
• Legendary — 10 ZEUS/day x 20 NFTs = 200 ZEUS Total

= 1,547 ZEUS emitted/day from OoA NFTs

= 564,655/year from OoA NFTs

We expect that the transition into the new model, where we cap the number of nodes and the turn emissions off — after the ICO launch — is expected to be taken well by our community. This change will ensure that the protocol remains intact, becoming sustainable, while also creating more scarcity for the ZEUS token itself. As a result, we anticipate that this will allow price action to fluctuate naturally for the token as investors seek to acquire this more rare asset, providing governance for Zeus Finance and access to the profit share model.

We believe that this change is a positive step towards the long-term success of the project. By limiting the number of nodes and tokens emitted, we are ensuring that the protocol becomes more efficient and officially sustainable. This will help to build trust and confidence in the project among our community members and potential investors.

Overall, we are excited about the future of the project and believe that these changes will position us well for continued growth and success. We look forward to working with our community as we continue to develop and improve the project.

We will be holding a Town Hall on TwitterSpaces on March 16th, so if you have any questions, make sure you get involved and join us.

Be good, Olympians. We look forward to hearing your comments, questions, and concerns.