Zenchain - DeFi and NFT-Enhanced Application

in cryptocurrency •  3 years ago 

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Introduce


Do you know? In today society, the development of technology has brought a series of changes to the economy. It can be a positive change or it can be a negative change. After all, most of the positive changes still prevail and thrive. An example of this positive transformation is the emergence of the cryptocurrency market, and more specifically, the birth of the zenchain project - an improved dedicated blockchain for DeFi applications and NFT ZenChain contains all core DeFi applications built into the core of the chain, not written by smart contracts like swaps, loans, and insurance dapps. At a glance, it may be easy to understand, but to be able to take advantage of them to make a profit, not everyone can do it, and even lose money unjustly. The first reason I want to give you is that they lack information about the cryptocurrency market.You are wondering is the information about the cryptocurrency market you have so much, you can sit and write down books to show me or you can tell me all day. So why do I say you lack information? First of all I admit that there is a lot of information about the cryptocurrency market and it is rampant on social networks and you can easily find them. But the lack of information here is the lack of accurate and professional information. One source of accurate information is very few, but the information that is accurate and relevant to you is even less, especially if you are a beginner in business and learning into this field is even more difficult more .

Why did DeFi and NFT combine to create the Zenchain project?

As mentioned above, Zenchian is a blockchain designed specifically for Defi and NFT applications, it was created to improve Ddeffi and NFT applications. The aim of the Zenchain Protocol project is to create a platform that aims to further their activities by separating the functions on the blockchain into both defi and nft, while creating a single high transaction volume. There will be a blockchain that will be specially optimized on the platform, and the platform will appear using a biological smart chain. Following this cross-chain logic, ethereum, binance smart chain and tron ​​etc aim to provide and support nối bridge solutions.
Zenchain mission is to provide everyone (and in the future, machines and devices) with seamless access to decentralized finance (DeFi) with special non- fungible tokens (NFTs). For that purpose, we are introducing ZenChain, a dedicated blockchain dedicated to decentralized finance (DeFi) specifically for non-fungible tokens (NFTs).

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Here are some key features of Zen Chain:
You know, Zenchain is a dedicated blockchain dedicated to decentralized finance (DeFi) specifically for non-fungible tokens (NFT). Because of that, it also has some nice features of Defi and NFT. And of course it also has the features of a global cryptocurrency.
The ZenChain project is growing rapidly on the ZenChain platform, which is a blockchain designed specifically for Defi and NFT applications. Since then, ZenChain delivers the highest transaction throughput ever, reduces the risk of errors, and designs special intelligence to perform financial services for non- fungible and exchangeable tokens. position on Blockchain.
ZenChain approaches decentralized finance as a specific and important segment of the blockchain community. Besides, Zenchain also has some unique features that other cryptocurrencies do not have , typically Web3 compatibility, High throughput via Tendermint Core, Horizontal scalability via IBC. , and most especially the quick transaction closing feature. To be able to create a cryptocurrency with features like Zenchain has been extremely difficult for Defi and NFT. But you know, every effort will always pay off and I believe that Zenchain will do that.

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So how can Zenchain features be enabled?


Zenchain has many such features but not everyone can enable them and use them properly. Here I will guide you to enable them. First, you can enable Zenchain features through Tendermint Core's ABCI Application Interface Implementation for blockchain management, then you need to Leverage modules and other mechanisms implemented by Cosmos SDK and Use geth as a library to avoid code reuse and improve maintainability. And the last step you need to do is expose a fully compatible Web3 RPC layer to interact with existing Ethereum applications and tools (Metamask, Remix, Truffle, etc.). The sum of these features allows developers to leverage existing Ethereum ecosystem tools and software to seamlessly deploy smart contracts that interact with the rest of the Cosmos ecosystem.

Defi as the foundation for the development of Zenchain


While cryptocurrencies have attracted billions of dollars in investments, decentralized financial services are lagging. When it comes to investing in cryptocurrencies, crypto investors can buy and sell, but that all. Initial efforts to create peer-to-peer lending and asset tokenization have so far proven partial and unreliable, so investors have a lot of limited options when it comes to investing in assets. their crypto assets. The potential is huge to offer financial services in cryptocurrencies, the same way they are offered in fiat.

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So we understand what Defi is, and what features of it help the development of Zenchain?


You know, it not always custodial financial services that give participants full control of their funds.
The second characteristic of Defi is that the permissionless nature of DeFi allows anyone to interact with financial services without having access censored or blocked by third parties.
Next, DeFi is publicly verifiable, which means anyone can check the status of the protocols - for example, they are completely collateralized/sane. And finally, financial services can be arbitrarily created so that new financial products and services can be created similar to how one can form new Lego models based on on a few basic building blocks.
DeFi has grown rapidly, from around $600 million in total value locked (TVL) in early 2020 to over $42 billion in February 2021, with the most capitalized use cases being in world lending. mortgages, which account for about 48% of TVL, and decentralized exchanges (DEX), which account for about 34% of TVL as of January 2021. In turn, this increase resulted in 24-hour volume on the decentralized crypto-asset exchange, surpassing the large centralized crypto asset trading volume for the first time.

TOKEN ZEN

  • Token type :BEP20 & ERC20
  • Issuance price :TBA
  • Total Token Supply :100,000,000 ZEN
  • Initial circ supply :1,200,000 ZEN
  • Initial market cap :$360.000
  • Unsold/Unused token : Burn

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ROADMAP

  • 2021 Q2
    Release of public Testnet V1.
    Launch of BIP-20 token.
    Release blockchain explorer
    Implementation of bridges to Ethereum, Tron, Binance SmartChain on Testnet
    Release of Incentivized Staking Competition and bridge.
    Release NFT mint, auction, rent application Testnet
    Release Dex Testnet
    Release Lend and borrow Testnet

  • 2021 Q3
    Launch of Mainnet V1.
    Swapping of the token, from BIP-20 to native chain.
    Implementation of bridges to Polkadot on Testnet
    Implementation of bridges to multiple blockchain networks main net
    Release NFT mint, auction, rent application Mainnet
    Adding staking incentives.

  • 2021 Q4
    Release Dex Mainnet
    Release Lend and borrow Mainnet
    Adding liquidity mining (Dex, Lending) incentives.

  • 2022 Q1
    Launch of cross-chain yield generation.

TEAM

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PARTNER

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THE END

Congratulations on following the most potential project that I have ever introduced. It can be said that if you miss Zenchain, it will be a big loss on your way to success. Zenchain owns all the advantages that big companies like today have such as Ethereum, Tron, Binance smart chain, Dot, etc.

Stay tuned for the project

👇👇 Zenchain Protocal For More Info 👇👇
Website Link: https://zenchain.co/
Facebook Link: https://www.facebook.com/Zenchainoffi...
Telegram Group Link: https://t.me/zenchaingroup
Telegram Channel Link: https://t.me/Zenchainofficial
Twitter Link: https://twitter.com/zenchainco
Medium Link: https://medium.com/zenchain-protocol
Github Link: https://github.com/zenchainprotocol

Authentication Proof 👇👇
POA Link: https://bitcointalk.org/index.php?topic=5336756.msg57058227#msg57058227
Bitcointalk Username: griffinbearx
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1236375
BEP20: 0x7f4Eee8e10F6aBFa9bcD298CbFaa10D5318e8981

#Zenchain #Protocal #Defi #BSC #BinanceSmartChain #Defi #Crypto #CryptoCurrency

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I will oversee the project and its implementation.

Really good project. It will work

I expect the team behind the project to do the right thing. Care about their success.

The project is simply a combination of talented professionals in the market

The team here is very good. Real experts.

Great project with great management

I will oversee the project and its implementation. An interesting project. There is a lot of competition in this area, but it looks like the team is ready to take the lead.

I have been following the project for a long time, I am confident in the future. A good opinion.

I hope for their token's positive growth momentum

I completely agree with the author's opinion that this direction is now very appropriate.

amazing project