• Ticker: 2Z
• Network: DoubleZero
• Category: DePIN, Infrastructure

About 2Z

The 2Z token is the native utility token of the DoubleZero protocol, a decentralized infrastructure network within the DePIN (Decentralized Physical Infrastructure Network) ecosystem. The DoubleZero protocol builds a high-performance, low-latency network using contributed resources like private fiber and hardware, aiming to outperform public internet speeds for blockchain systems. By tackling blockchain latency, DoubleZero enables faster validators, on-chain trading, and real-time oracles.

The 2Z token is essential for powering this decentralized network by facilitating resource access, rewarding contributors, and supporting future staking.

Key points of 2Z

• Low-Latency Connectivity: DoubleZero creates a high-speed network to address latency bottlenecks in distributed blockchain systems, which is critical for real-time applications.
• Incentivized Contributions: The token is designed to reward contributors for supplying high-performance resources, specifically when they beat public internet speed benchmarks.
• DePIN Utility: 2Z is used for practical purposes like paying for fast network access and contributor rewards.
• Security Mechanism: Future plans include staking, which will allow holders to delegate to providers, strengthening the security of the network.
• Solana Native: Built on Solana as an SPL token, 2Z benefits from the network's efficiency.

FAQs

• What is 2Z used for? 

2Z is used as the primary utility token within the DoubleZero protocol to pay for fast network access, reward contributors of bandwidth and hardware, and for staking to enhance network security.

• How does 2Z work? 

Users pay in 2Z for network access, while resource providers earn 2Z for supplying high-performance resources and meeting performance benchmarks. The dual-ring architecture prioritizes fiber-based, blockchain-specific routing.

• What makes 2Z unique? 

2Z differentiates itself by incentivizing only useful network contributions, avoiding the inflationary token pitfalls common in some DePIN projects, and focusing on fiber-based, blockchain-specific routing for sub-millisecond gains over the public internet.

• How can I buy 2Z on Bitso?

1. Log in to your Bitso account or sign up if you don’t have one.
2. Go to “Buy/Sell” and select 2Z as the token you want to purchase.
3. Choose any available fiat currency (MXN, ARS, BRL, COP, or USD) as your base.
4. Enter the amount, review the details, and confirm your transaction.

You can track the token’s performance directly in the app.

Tokenomics

The total supply of 2Z is limited to 10 billion tokens. The tokenomics are designed to align with the DePIN model:

• A portion of the supply is allocated to the foundation and ecosystem.
• The project plans for a 5% annual inflation rate to fund network rewards, prioritizing sustained validator growth to absorb potential selling pressure from unlocked supply.
• The supply allocation notably excludes token allocation for insiders, investors, or team members.

Example use case

A Solana validator, seeking to minimize latency and transaction jitter, uses the DoubleZero network to improve performance. The validator pays 2Z to access the high-speed connectivity. At the same time, a hardware provider earns 2Z by contributing their private fiber link to the DoubleZero mesh network, provided their contribution meets the performance requirements.

Disclaimer

This Help Center article is for informational purposes only and does not constitute investment advice. Please conduct your own research (DYOR) and assess your risk tolerance before trading. As always, invest responsibly and stay informed.