The first and largest treasury reserve protocol on the KCC network
What is Twilight ZONE?
Twilight ZONE is the first decentralized reserve currency protocol being developed exclusively by Alpha DAO on the KCC network based on the ZONE token. Each ZONE token is backed by a basket of assets (e.g., DAI, ZONE-DAI LP Tokens, and etc.) in the Twilight ZONE treasury, giving it an intrinsic value that it cannot fall below. Twilight ZONE also introduces economic and game-theoretic dynamics into the market through staking and minting.
What is the point of Twilight ZONE?
Our goal is to build a policy-controlled currency system, native to KCC, in which the behavior of the ZONE token is controlled at a high level. In the long term, we believe this system can be used to optimize for stability and consistency so that ZONE can function as a global unit-of-account and medium-of-exchange currency. In the short term, we intend to optimize the system for growth and wealth creation.
Why KuCoin Community Chain (KCC)?
KCC avoids the capital flux constraints raised from Ethereum's ultra high fees. This ecosystem works upon low fee rates allowing investors to easily jump across the most profitable pools and yielding farms with no harm, maximizing profits with the highest flexibility. This also serves as the perfect ecosystem for low capital users who can now play the game with minimal percentage losses due to fees.
We believe a policy-controlled currency system can work as a core infrastructure for KCC's scalability.
Alpha DAO aims to solve this by creating a non-pegged reserve currency called ZONE. ZONE can function as a currency that is able to hold its purchasing power regardless of market volatility and become an infrastructure for a decentralized community, thus attracting more community participation in building a sustainable ecosystem on the KCC.
Who is Alpha DAO and why are they building Twilight ZONE?
Our team is mostly anonymous, born from the DeFi Community. We aim at becoming a Decentralized Autonomous Organization, and we are actively working towards that goal.