SUZ Token Utility

SUZ Staking and Protocol Revenue Sharing

The Suzaku protocol takes fees on the rewards distributed by L1s to stakers and operators.

SUZ holders can stake their tokens to secure L1s; they will receive a share of the protocol fees as a reward, once the feature is enabled through governance. In the early days of the protocol, incentives in SUZ will also be distributed to SUZ stakers.

Governance

As the protocol matures, important decisions will be made through an open governance process. Voter rights will be determined by the amount of SUZ tokens they stake and their overall community engagement.

Staking and Gas Fees of Suzaku L1s

The Suzaku team is evaluating launching infrastructure L1 chains dedicated to further decentralizing its ecosystem, such as the Suzaku Relayer Network (opens in a new tab), that would secure interoperability between Avalanche L1s.

Such L1s developed or funded by the Suzaku Foundation will use the SUZ token as their staking and gas token.

And more...

SUZ stakers may be eligible for various incentives within the Suzaku ecosystem, including contributions from L1s and DeFi partners.