Zenchain Protocol - A Dedicated Blockchain That Is Optimized Specifically For DeFi And NFTs

in nft •  3 years ago 

As the Defi and NFT segments become more competitive, it becomes more difficult to keep track of all projects. Aggregators play a crucial role of importance in this industry. Without such services, it would be impossible to attract new investors and enthusiasts.
ZenChain is a dedicated blockchain that is optimized specifically for DeFi and NFT applications

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What is Zenchain Foundation?

The ZenChain Foundation is developing ZenChain, a blockchain specifically dedicated to decentralized financial (DEFI) applications and non-fungible tokens (NFTs). By focusing on the functionality of the blockchain and dedicating it specifically to DEFI and NFTs, ZenChain provides unparalleled high transaction throughput, reduced risk of errors, and intelligent feature development specifically for the fulfillment of financial services for both fungible token and non-fungible token (NFT) on the blockchain.

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Scalable, high-throughput Blockchain
Proof-of-Stake blockchain, built using the Cosmos SDK which runs on top of the Tendermint Core consensus engine.

Built for Defi & NFTs
With built-in core DApp for Defi & NFTs - ZenChain is ready for Defi & NFTs ecosystem from start

Cross-Chain
Support cross-chain with bridge solution between Ethereum, Binance smartchain, Tron and more

Supports smart contracts

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ZenChain supports smart contracts, enabled by CosmWasm, EVM technology.

ZenChain approaches decentralized finance as a specific and critical segment of the blockchain community. ZenChain is a dedicated blockchain that is optimized specifically for DeFi and NFT applications. ZenChan does contain all core DeFi applications built in the core of the chain, not written by smart contracts like swap, lending, and insurance dapp. ZenChain also contains all applications supported for NFTs like minting, auctions, and trading. And special, with ZenChain, your NFTs can use it as collateral in Defi to make a loan or staking in a pool to earn extra token …

ZenChain solution
ZenChain gives some solution to resolve this problem:

  • Scalable, high-throughput Blockchain with Tendermint Power
  • Bridge from Etherum, Tron, Binance smart chain make cross-chain Defi and NFTs solutions.
  • Decentralized pricing oracles built-in
  • DeFi primitives built-in: Dex, Lending & Borrowing, token IDO, insurance.
  • Non-fungible Token applications like a mint, auction, rent NFTs
  • NFTs X DEFI: bring the power of NFTs to Defi ecosystem and Defi to NFTs.

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Today, Zenchain Protocol is glad to announce the launch of its testnet on the Binance Smart Chain, this is an incentivized campaign to stake in Lotus-testnet and earn mainnet Zen tokens. This version will enable users to either validate or delegate within the block explorer, Zen users must test the product and complete all the required tasks to receive the potential airdrop reward from the Zenchain project. Validators and delegators must follow all of Zenchain social links to be eligible to participate the campaign

Details of Zenchain Testnet Campaign

Total Zenchain Reward: $30.000 and $10.000
Testnet Time: 1 May 2021 06:00(UTC+3) — 8 May 2021 06:00(UTC+3)
Reward timeline: It will be announced later.

Validator Campaign: https://bit.ly/32GmSvq
Validator Campaign TypeForm: https://form.typeform.com/to/xX6e0oiI

SUMARRY


The ZenChain Foundation is developing ZenChain, a blockchain specifically dedicated to decentralized financial (DEFI) applications and non-fungible tokens (NFTs). By focusing on the functionality of the blockchain and dedicating it specifically to DEFI and NFTs, ZenChain provides unparalleled high transaction throughput, reduced risk of errors, and intelligent feature development specifically for the fulfillment of financial services for both fungible token and non-fungible token (NFT) on the blockchain

The use cases intended for ZEN include but are not limited to: protocol governance, exchange fee value capture, derivative collateralization, liquidity mining, and staking.

Important Links

Website: https://zenchain.co
Facebook: https://www.facebook.com/Zenchainofficial
Telegram Channel: https://t.me/Zenchainofficial
Twitter: https://twitter.com/zenchainco
Github: https://github.com/zenchainprotocol

Author:
Bitcointalk Username: chaoticjena
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1240476

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