Suzaku TokenPrice

(SUZ)

Suzaku is a Decentralization Hub built on the Avalanche network. It serves as a permissionless protocol designed to help new Layer 1 (L1) blockchains overcome the "cold-start" problem of network security. By allowing new chains to borrow security from existing validators through a process called restaking, Suzaku enables emerging networks to launch with established protection and decentralized integrity from their first block.

New blockchains often struggle to attract a sufficient number of validators and enough capital to ensure the network is secure against attacks at launch. Suzaku solves this difficulty by providing a marketplace where new L1s can leverage established assets, such as AVAX or BTC, to secure their infrastructure. This allows developers to focus on building their technology rather than worrying about the immediate acquisition of massive validator sets.

SUZ is the native utility and governance token of the Suzaku protocol. It serves multiple purposes, including participating in protocol governance decisions and securing the network through staking. Furthermore, SUZ is intended to function as a gas token for specialized infrastructure chains within the ecosystem, such as the Suzaku Relayer Network, facilitating seamless operations and interoperability.

When users stake their SUZ tokens, they receive sSUZ, a Liquid Staking Token (LST). This allows participants to earn staking rewards while keeping their assets liquid for use in other decentralized finance applications. Additionally, the protocol features a points system to incentivize liquidity providers and stakers. Staking SUZ typically grants a 3x multiplier on these points, which are used to determine eligibility for future protocol incentives and ecosystem rewards.

Restaking on Suzaku allows validators and stakers to utilize assets that are already staked to provide an additional layer of security to new Layer 1 blockchains. In return for providing this secondary security, users earn extra rewards. This process significantly increases capital efficiency, as the same underlying assets can support multiple networks simultaneously, providing more value to the user while strengthening the security of the entire ecosystem.

The Suzaku Token (SUZ) has a strictly capped maximum supply of 100,000,000 (100 million) tokens. This fixed supply is designed to maintain the integrity of the token's ecosystem. SUZ is available for trading on major platforms, including LBank and prominent decentralized exchanges within its native network. The project maintains its security through open-source code and strategic partnerships with leading infrastructure providers and liquid staking experts to ensure a robust environment for all users.