$ZST

Zest Finance introduces $ZST as its governance token and incentive mechanism, serving as the foundation for decision-making and growth within the Zest ecosystem. $ZST is instrumental in expanding the total value locked (TVL) and liquidity of Zest, as well as fostering healthy competition among liquid staking protocols. The staked version of ZST, known as vdZST holds governance rights over the following aspects:

1. Protocol Composition: vdZST holders have the authority to determine the inclusion or exclusion of LSDs, set target weights for each LSD, and define the maximum weight allocation within the Zest Finance.

2. Fee Curve Parameters and Fee Switch: The parameters of the fee curve, as well as the ability to enable or disable fees, are under the governance control of vdZST holders.

ZST token holders can actively participate in voting on proposals and contribute to the governance framework of the protocol. By staking their ZST tokens, holders can earn vdZST, which grants them additional governance power and a share of the protocol's generated revenue.

This governance structure empowers ZST token holders to shape the direction of Zest Finance, ensuring that decisions regarding protocol composition and fee dynamics align with the interests of the community. With the ability to participate in governance and earn rewards, ZST holders play a vital role in driving the growth and success of Zest Finance.