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Fully Backed and Redeemable Tokens

ZHE TOKENS

High yield pegged tokens that track price feeds 1:1, with built in real yield via stability pools

zheETH
Super high yield ETH exposure
zheBTC
Super high yield BTC exposure
More Coming Soon
Stay tuned for more high-yield tokens!
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Earn real yield from stability pools

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Earn STEAM from AMM liquidity

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Use in Defi

STEAMED TOKENS

Get supercharged market exposure through liquidation-protected variable leverage tokens

steamedUSD/ETH
Bullish USD vs ETH
steamedUSD/BTC
Bullish USD vs BTC
steamedETH/BTC
Bullish ETH vs BTC
More Coming Soon
Stay tuned for more leveraged tokens!
Stability Icon

Each token has a bull side and bear side

Rebalance Icon

Automated Rebalancing

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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

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Collateral Yield

Earn yield from stETH and other yield-bearing collateral tokens used in the protocol, distributed to rebalance pool depositors.

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STEAM Rewards

Receive STEAM tokens as additional rewards for participating in stability pools, enhancing your overall yield.

Coming Soon

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

Coming Soon
Coming Soon

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.

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Social Media

Create X threads, engage in discussions, and share insights about the protocol

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Content Creation

Produce videos, tutorials, articles, blogs, and educational content about Zhenglong

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Art & Memes

Create artwork, memes, and visual content to promote Zhenglong

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Community Building

Organize community events and foster discussions in your local network

3%of STEAM token supply is distributed to our community of boosters

Become a Booster

Help grow the Zhenglong ecosystem and earn rewards for your contributions