The current financial system is unbiased and centralized. It has led to a decline in the financial system and left many people in need. The centralized financial system is directed by a central body and therefore not transparent.
Technology innovation has brought about the introduction of a decentralized financial system known as DeFi, created on the Blockchain platform. DeFi is for everybody as it is seamless and cheap to use. Consumers get to experience financial freedom through DeFi. DeFi has introduced so many projects to the DeFi world, but not all the projects can deliver the expectations of a fully decentralized financial system.
Zac Finance is a new DeFi project that has come to dissolve the challenges the DeFi world experiences by putting together some DeFi projects as one under its ecosystem.
Products of ZAC Finance
- ZAC Token: This is the token used to control the Zac Finance. It is used for transaction and swapping activities. The token symbol is ZAC and it is run on the Ethereum network. Uniswap has already listed this token on its platform i.e ZAC/ETH.
- Z-Vote: This product lets users carry out an on-chain voting. The votes cannot be rigged because the data is backed up by the Blockchain platform.
- Z-Trade: This is a stable coin exchange project allowing consumers to exchange their stable coins at a low cost.
- Z-Stake: This involves users staking their ZAC token and receiving profits from time to time.
- Z-Farm: This allows users to get rewards from sharing to a liquidity pool. When crypto owners share liquidity to a pool, their rewards are sent to them through their wallet.
- Z-Swap
- Z-Vault
Problems of the centralized financial processes and how Zac Finance tackles these problems
- Unbiased treatment: The treatments that the users face in the hands of the people at the top is so unfair. The involvement of Zac Finance will completely solve the present system of government through their decentralized administration.
- Presence of intermediaries: Zac Finance will clear out intermediaries from the system and replace them with smart contracts. The presence of intermediaries is risky to consumers because their financial rights are sometimes compromised.
Conclusion
Zac Finance does not only create solutions to the centralized financial processes, but also to other DeFi products. There are still many challenges the other DeFi projects face up till date that ZAC Finance has successfully crossed.
ProjectsDetails :
Website: https://zac.finance
Twitter: https://twitter.com/FinanceZac
Discord: https://discord.com/invite/ryBqXAm
Telegram: https://t.me/ZACFinanceP
Publishers Informations :
Bitcointalk Username : Ubaraw
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2835216