Utility

MOZ Token: The Core Asset of the Lumoz Protocol.

Lumoz protocol will be deployed on multiple chains, including L1 and L2 chains of ETH, Solana, Move and other ecosystems.Lumoz protocol can provide computing power and validation services for ZK and AI applications on chains with different architectures.

The MOZ token is the native token of the Lumoz protocol, playing a crucial role in various key areas of the network:

  • All transactions conducted within the Lumoz protocol require MOZ tokens as fees.

  • Utilizing the zero-knowledge proof (ZKP) computation and artificial intelligence (AI) services provided by the Lumoz network requires payment of MOZ tokens as resource usage fees.

  • MOZ tokens can be exchanged for esMOZ tokens at a 1:1 ratio to adapt to a wider range of application scenarios.

esMOZ Token: Symbol of Incentives and Participation.

The esMOZ token plays a significant role in the ecosystem of the Lumoz protocol:

  • As a reward for nodes providing computational power, security, and stability to the Lumoz protocol (including zkProver and zkVerifier nodes), esMOZ tokens serve as recognition and retribution for participants and contributors.

  • esMOZ tokens are used in the network's staking mechanism, acting as tokens for participating in staking and promoting decentralized governance of the network.

  • esMOZ tokens can be redeemed for MOZ tokens based on different redemption periods, with the redemption rate varying according to the length of the redemption period.

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