ZooKeeper (ZOO) — price, overview & secure storage

What is ZooKeeper and who created it?

Zookeeper is a decentralized-application/">decentralized application (Dapp) designed to provide a dual farming experience while embracing the popular trend of non-fungible tokens (NFTs). It complements the existing Wanchain Dapp, Wanswap, thereby significantly augmenting liquidity. The platform introduces its own token/">utility token, $ZOO, which is distributed as farming rewards to Wanswap Liquidity Providers (LPs) who stake their WSLP (Wan Swap Liquidity Provider tokens). This makes ZooKeeper a unique gamified yield farming Dapp that combines profit potential with gaming fun.

Key features of ZooKeeper blockchain

Zookeeper introduces several innovative features to enhance the user experience. One of the key features is dual farming, which allows users to farm both zoo tokens and wasp tokens on selected pools, thanks to a partnership with WanSwap. The platform also offers optional lock farming, enabling users to increase their yield farming rewards by choosing a lock period for each pool. The longer the lock period, the greater the rewards. Additionally, Zookeeper provides NFT boost cards, a unique feature in the crypto market that allows users to reduce lock time and increase rewards. These NFTs can be traded in the market section, with sales possible in several cryptocurrencies available on the platform.

How ZooKeeper transactions work

Zookeeper operates on the Wanchain network and integrates various mechanics to enhance its functionality. The platform includes a governance system, allowing the community to participate in decision-making through a voting system reviewed by the Zookeeper team. To manage the supply of the $ZOO token, Zookeeper has implemented different burning mechanics to reduce its maximum supply. This strategic approach ensures the sustainability and value of the token over time.