> For the complete documentation index, see [llms.txt](https://docs.zirodelta.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.zirodelta.com/zdlt-token/tokenomics.md).

# Tokenomics

The design is deliberately simple: **fixed supply, paid to hold.** You hold ZDLT, and you are paid in [wzdUSD](/zdlt-token/wzdusd.md) from a real strategy, never from new ZDLT. Supply never grows, and rewards never come out of supply.

## Supply

| Property         | Value                                       |
| ---------------- | ------------------------------------------- |
| Total supply     | **1,000,000,000 ZDLT**, fixed               |
| Mint authority   | Revoked (supply can never increase)         |
| Freeze authority | Revoked (no one can lock your wallet)       |
| Team allocation  | 0%                                          |
| Treasury         | 30,000,000 ZDLT (3%), locked until $11M FDV |

The mint is a fair-launched Solana SPL. There is no inflation schedule, no emissions, no vesting unlock cliff to dump on you. What exists today is what will always exist.

## How rewards are funded

Holders are paid in wzdUSD. That wzdUSD comes from a real, market-neutral strategy, the [Yield Engine](/the-zirodelta-financial-engine/overview.md), part of the Zirodelta Financial Engine, that captures funding on Hyperliquid while holding no bet on price direction.

Two things this is **not**:

* It is **not funded by minting ZDLT.** Rewards are paid in a dollar, not in the token, so paying holders never dilutes holders.
* It is **not funded by new deposits.** It is real outside yield, which is exactly why it is variable and never guaranteed, some periods pay well, some pay little, some can pay nothing.

## Why the value accrual is real

When a holder asks "why should ZDLT hold value?", the answer is structural, not "because more buyers":

* **Fixed supply** (1B, cannot be inflated, 0% team).
* **Paid to hold** in an appreciating dollar (wzdUSD), more the longer and the more you hold.
* **No dilution**, because rewards never come from ZDLT supply.

The token that pays you to stay is worth more to a holder than a token that only asks you to hope.

## Treasury and transparency

The 30M ZDLT treasury (3%) is **locked until $11M fully-diluted market cap**, verifiable on Solscan, and never distributes to holders as rewards (rewards are wzdUSD, from the Yield Engine). See [Hard Rules](/zdlt-token/hard-rules.md).

Two commitments keep the numbers honest:

* **Public proving address.** The strategy runs on the founder's own capital first, on a public address you can watch, so the track record is built in the open before user funds are accepted.
* **Opex transparency.** Operating costs are reported so the split between what funds the reward pool and what keeps the lights on is never a black box.

## Honest about scale and risk

* **Early.** The strategy is being proven; the deposit-and-earn flow opens to user funds only after an independent audit and a legal review.
* **Variable yield.** Rewards can be low or even zero. We will never publish a guaranteed APR, doing so before a track record exists would be cosplay.
* **Strategy risk.** Delta-neutral reduces price risk; it does not remove all risk (funding can turn negative, fees can erode yield). See [Delta-Neutral Explained](/the-zirodelta-financial-engine/delta-neutral-explained.md).
* **Market price.** ZDLT is a small-cap token; its price is set by the market and can fall. Holding pays you, but it does not make the price go up.

Nothing here is financial advice.


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