Fully Backed and Redeemable Tokens
High yield pegged tokens that track price feeds 1:1, with built in real yield via stability pools
Earn real yield from stability pools
Earn STEAM from AMM liquidity
Use in Defi
Get supercharged market exposure through liquidation-protected variable leverage tokens
Each token has a bull side and bear side
Automated Rebalancing
Use in Defi
The Three-Token Model
COLLATERAL TOKENS
Yield-bearing assets (e.g. stETH) deposited by users. Collateral is pooled globally, backing both zheTOKENS and steamedTOKENS. The ongoing yield feeds Stability-Pool rewards.
zheTOKENS
Synthetic assets pegged 1 : 1 to real-world prices. Fully redeemable for collateral and able to earn native yield when deposited into Stability Pools.
steamedTOKENS
Tokenizing the difference in collateral and zheTOKEN value. Collateral gains (or losses) magnify vs the peg, but without margin calls. Rebalancing is handled system-wide via Stability Pools instead of forced liquidations.
With 100% collateral efficiency, choose to mint a stable, yield-bearing zheTOKEN or a high-beta steamedTOKEN
Stability Pools: Get rewarded for securing the market.
Market Solvency
When a market approaches its minimum collateral ratio (e.g. 130%), Stability Pools kick in to rebalance.
- Redeemed for collateral at market value, or
- Swapped for steamedTOKENS (leveraged tokens) at market value
This controlled redemption improves the overall collateral ratio.
No margin calls. No liquidation cascades. Just resilient, automated stability.
Yield Generation
Collateral Yield
Earn yield from stETH and other yield-bearing collateral tokens used in the protocol, distributed to rebalance pool depositors.
STEAM Rewards
Receive STEAM tokens as additional rewards for participating in stability pools, enhancing your overall yield.
STEAM Token
STEAM is the governance token that powers the Zhenglong Protocol ecosystem, offering holders multiple benefits and control over the protocol's future.
Revenue Share
Earn a share of protocol revenue from market operations and fees
Boost Rewards
Increase your earnings from stability pool and AMM liquidity provision
Governance Rights
Vote in protocol governance and direct STEAM rewards
Use Cases
Weather Derivatives
Farmers hedge against drought or excessive rainfall; insurers offer coverage without centralized providers.
Carbon Credit & ESG Tokens
Businesses offset carbon exposure directly via DeFi, incentivizing green initiatives.
Equity Indices
DeFi traders gain exposure to equities without leaving crypto ecosystems.
Individual Stock Tokens
Global accessibility to popular stocks, especially for users in restricted jurisdictions.
Athlete Performance Metrics
Fans gain financial exposure to athlete performance, boosting engagement.
Music & Streaming Revenue
Artists tokenize future royalties, allowing direct fan investment.
Inflation & CPI Tokens
Users hedge against inflation risk directly on-chain, protecting their purchasing power.
GDP Growth Tokens
Economists or investors hedge against or speculate on economic growth data.
AI & Machine Learning Performance
Investors gain exposure to AI advancements, rewarding R&D success transparently.
Crypto Adoption Metrics
Speculate on crypto adoption growth without investing in a single asset.
Precious Metals
Store of value alternatives or hedging instruments fully backed by crypto collateral.
Energy Commodities
Traders or companies hedge energy exposure directly through DeFi markets.
Foreign Currency Pegged Tokens
Global, decentralized FX markets accessible 24/7.
Emerging Market Currency Tokens
Enable risk management or speculation on volatile emerging market currencies.
ETH Gas Price Tokens
Hedge transaction fee exposure or speculate on Ethereum congestion.
NFT Floor Price Tokens
Traders speculate or hedge NFT market exposure without direct NFT holdings.
These examples show just a few ways Zhenglong Protocol could empower innovation by turning any reliable data source into a secure, yield-generating pegged token market. The flexibility is huge—and as long as there's reliable price data and market demand, Zhenglong can tokenize it.
Institutional-Grade Security & Testing
Third-Party Audited
Smart contracts will undergo a thorough independent security audit by a leading third-party firm before mainnet launch.
Banking Industry Experience
Built by professionals with 30+ years of banking software experience, ensuring institutional-quality standards and robust risk management.
Comprehensive Testing
- Comprehensive unit & integration testing
- System-wide market scenario stress tests
- Real-time security monitoring
- Continuous risk assessment
Collaborate on a New Market
Whether one of our existing ideas resonates with your community or you have your own creative vision, Zhenglong is ready to help you build it. Launch your own market with minimal requirements - if you have a collateral token and a price feed, you're ready to go.
Collateral Token
Any ERC20 token can serve as collateral. Common choices include stablecoins and major cryptocurrencies.
Price Feed
Connect any data source through Chainlink oracles. From traditional markets to novel data streams.
Community Booster Program
Join our community of boosters and earn STEAM tokens for helping spread the word about Zhenglong Protocol. Any form of marketing contribution is welcome.
Social Media
Create X threads, engage in discussions, and share insights about the protocol
Content Creation
Produce videos, tutorials, articles, blogs, and educational content about Zhenglong
Art & Memes
Create artwork, memes, and visual content to promote Zhenglong
Community Building
Organize community events and foster discussions in your local network
3%of STEAM token supply is distributed to our community of boosters
Help grow the Zhenglong ecosystem and earn rewards for your contributions