Ansem Launches On-Chain Token Index z500, Projects Can Boost Rankings via Airdrops and ANSEM Burns

Odaily News  Ansem has announced the launch of the z500 on-chain index. Projects joining z500 are required to airdrop a portion of their token supply to ANSEM holders and can also improve their ranking on the z500 leaderboard by buying and burning ANSEM. The leaderboard will showcase the teams that have burned the most ANSEM through purchases, as well as the projects with the best-performing tokens by market cap.

Ansem stated that the z500 model allows projects to distribute tokens directly to ANSEM holders, buy and burn $ANSEM, and pay fees to boost their visibility on the leaderboard, thereby channeling a portion of the value generated from marketing directly back to token holders. At the same time, z500 aims to filter out teams more committed to long-term building by requiring projects to purchase and burn a certain amount of ANSEM in advance, disclose team token holdings, and share marketing plans, ensuring that projects commit real capital.