Understanding pZIL: Your Liquid Staking Token
pZIL is a non-rebasing liquid staking token that represents your staked ZIL plus accumulated rewards - designed for seamless DeFi integration.
When you stake ZIL, you receive pZIL tokens at an exchange rate that continuously appreciates as staking rewards accumulate. Unlike rebasing tokens that increase in quantity, pZIL increases in value.
Example: If you stake 1000 ZIL when 1 pZIL = 1.1 ZIL, you receive ~909 pZIL. As rewards accumulate, 1 pZIL might equal 1.2 ZIL, making your 909 pZIL worth 1090 ZIL.
- Hands-Free Compounding: Rewards are added every hour with no claim transactions and no gas fees
- Tax Efficient: Value appreciation instead of token distribution can be more tax-friendly in many jurisdictions
- Simple Accounting: No need to track constantly changing balances
Set It and Forget It
Rewards are added to your pZIL every hour and re-staked for you, so your stake keeps growing without you lifting a finger.
Rewards are re-staked by the pool, so they start earning rewards of their own.
No claim transactions, no manual restaking and no gas spent managing your position.
pZIL is a standard ERC-20 token you can hold or move between wallets while it keeps compounding.
Return your pZIL anytime to unstake your ZIL with an unbonding period of about 6 days.
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