> For the complete documentation index, see [llms.txt](https://zenbull-protocol.gitbook.io/doc/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://zenbull-protocol.gitbook.io/doc/what-is-a-zbull-token.md).

# What is a ZBull token?

<figure><img src="/files/fqGa0cikjsFgqkJsOw3N" alt=""><figcaption></figcaption></figure>

ZBull token is the internal token of the ZenBull platform, and its value is always equal to $1. ZBull tokens are used for calculating the profits earned from providing liquidity to external pools, and when withdrawing dividends, ZBull is automatically converted into one of the Ethereum blockchains, according to the user's preference.

ZBull tokens offer several key advantages:

1. ZBull tokens allow any user to withdraw their fair share of the deposited funds;
2. The internal utility nature of ZBull tokens ensures maximum user fund security;
3. ZBull provides data privacy since the funds in an investment pool are not tied to the wallet address from which the deposit was made, and you can withdraw them to a different address or transfer them to another network.

In addition to this, there is a separate staking pool for ZBull tokens. By placing their ZBull tokens in such a pool, the user earns rewards in voBull tokens, which are necessary for participating in the DAO and receiving additional rewards.

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