ZLOT Launch

What do you need to know to participate in the launch?

zLOT Finance
2 min readOct 21, 2020

Launch of the V2 pool

We have launched the product, you can interact with it through our site at https://zlot.finance/. The protocol has:

  • a performance fee of 10%.
  • a withdrawal fee of 0.3% (only if the balance is withdrawn before the 24 hours cooldown).

The cooldown period and the withdrawal fee parameters are only going to be activated after the first staking lot is acquired. Before this, users will be able to withdraw at any time with no cost.

After this period, if a Staking Lot is bought and there is not enough reserves on the idle balances of the pool, the user will have to wait until the Staking Lot is unlocked in order to withdraw their balances.

What changes for V2 of zLOT?

  • Shares (zHEGIC) tokens separated from HegicPool contract.
  • Ability to migrate HegicPool and LotManager: this would allow the admin key to migrate the contracts if an upgrade is required (either via optimization or to prevent any vulnerability from being exploited).
  • Improving buyLot and withdraw by doing an unwinding of pools instead of selling by 1 lot
  • LotManager “desiredWBTC and desiredETH” deprecated in order to be called with “which lot” would ZLOT want to buy.
  • A cooldown is implemented for the withdrawal fee, once an user deposits in the pool it will have a 24 hours period until the withdrawal fee is waived.

Previous disclaimers and information described on “WTF IS Z?” and “zLOT tokenomics” remain the same for this version of the protocol.

Timeline for V2

  1. ✔️Deployment of the contracts:
    - HegicPool.sol
    - LotManager.sol
    - StakingRewards.sol zHEGIC/HEGIC pool
    - StakingRewards.sol zHEGIC/ETH pool
    - StakingRewards.sol HEGIC/DAI pool
  2. ✔️Publish this article.
  3. ✔️Official launch of the protocol with a 24 hours countdown to begin the distribution of ZLOT.
  4. Initialize rewards for the StakingRewards pools after 24 hours:
    - zHEGIC/HEGIC + zHEGIC/ETH + HEGIC/DAI.
    - Deployment and initialization of StakingRewards.sol ZLOT/DAI after the community creates the pool on Uniswap (within a 4 hours period).

Countdown: https://etherscan.io/block/countdown/11106750

Whitelist of Smart Contracts

We are publishing the addresses of the smart contracts open-sourced that will be connected to our front-end. There is no need to interact with them through etherscan.

Protocol
zHEGIC: 0x837010619aeb2AE24141605aFC8f66577f6fb2e7
HegicPool: 0x9e4e091fc8921fe3575eab1c9a6446114f3b5ef2
LotManager: 0x441ebC9bE0bc74657eFa1028f87452B3ef6D755e
zLOT: 0xA8e7AD77C60eE6f30BaC54E2E7c0617Bd7B5A03E

Uniswap LPs
zHEGIC/HEGIC LP: 0x6ddc12ef2940137f89af63f05196a4c9d4883ee4
zHEGIC/ETH LP: 0x2855d51a6c054e5e879bfce18e3a028ae5c190f7
HEGIC/DAI LP: 0x502700f282e6bfc2bb3b805893fadffacf688e7b
zLOT/DAI LP: To Be Deployed (TBD)

StakingRewards.sol
zHEGIC/HEGIC: 0xeA21E881521aAbf9D5063d0c036996C4D26A82e7
zHEGIC/ETH: 0x27f405bdd5a0A90856f5Fe408165825fe2f2D26C
HEGIC/DAI: 0xf2545371545A1c45f1646bAE2AD338cF683B3dA6

Have you missed the timeline to withdraw your HEGIC from the v1 pool? You can withdraw your balances through https://v1.zlot.finance/

Website: https://zlot.finance/

Do you have any further question? Contact us on Discord and follow us for updates on Twitter.

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