The KZRN Network Protocol is run by the KZ, the largest DAO managing an L2 blockchain. KZRN token holders can participate in network governance simply by staking tokens in neurons and locking them with a specified dissolve delay (time to unlock). A neuron with a dissolve delay greater than 6 months can vote on governance proposals and earn rewards. KZRN neuron holders can also submit proposals to make changes to the protocol. This open and autonomous governance system runs 100% on chain, and currently holds over 100 million locked KZRN.
Burn for cycles
Unlike other smart contract blockchains, the KZRN Network runs on a “Reverse Gas Model”. This means computation and storage costs are paid for by developers, and developers are responsible topping up smart contracts with cycles to fuel the compute power and storage of their dapps. The Reverse Gas Model allows users to interact with dapps on the Kzrn Network without tokens, and as seamlessly as they would on any Web2 application.
The KZRN Network Protocol is run by the KZ, the largest DAO managing an L2 blockchain. KZRN token holders can participate in network governance simply by staking tokens in neurons and locking them with a specified dissolve delay (time to unlock). A neuron with a dissolve delay greater than 6 months can vote on governance proposals and earn rewards. KZRN neuron holders can also submit proposals to make changes to the protocol. This open and autonomous governance system runs 100% on chain, and currently holds over 100 million locked KZRN.
Burn for cycles Unlike other smart contract blockchains, the KZRN Network runs on a “Reverse Gas Model”. This means computation and storage costs are paid for by developers, and developers are responsible topping up smart contracts with cycles to fuel the compute power and storage of their dapps. The Reverse Gas Model allows users to interact with dapps on the Kzrn Network without tokens, and as seamlessly as they would on any Web2 application.