This time, I’d like to take a moment to tell you about Zenchain, a rare and clear Defi project. BinanceSmartChain’s framework was used to construct this project (BEP-20).
Although, before I go any farther, I’d like to introduce you to Cryptocurrency or Blockhcian Technology. As a result, cryptocurrency was initially recognized as a payment mechanism that allows people to make transactions easily, without the involvement of third parties, in a straightforward, safe, and anonymous manner. Satoshi Nakamoto, Bitcoin’s founder, designed Bitcoin to defeat a bureaucratic financial structure that is vulnerable to corruption and is dominated by a single entity. With the growth and advancement of the cryptocurrency or blockchain ecosystem, a variety of new investing strategies have arisen, and they have proved to be more effective and lucrative investment vehicles than conventional financial returns.
Innovative ventures with high return on investment and a sustainable trend, such as Zenchain, emerge on a regular basis in the crypto sector, attracting major business investments. Why is this so? Since ZenChain is a blockchain designed specifically for DeFi and NFT applications. DEFI and NFT can be very useful in the future. So don’t be afraid to take part in this fantastic event. Zenchain is the project you’ve been looking forward to.
What is Zenchain Protocol?
So, Zenchain is both a decentralized finance project [DEFI] and a non-fungible token [NFT]. The aim of this project is to address issues that arise frequently in the crypto industry. In terms of transaction speed, maximum security, and everything else, this Zenchain project is one of them.
On the one side, the ZenChain Foundation is also developing a blockchain devoted to decentralized financial applications and non-exchange tokens like [NFT]. With the aim of introducing the project’s future. The creator works on the blockchain system’s features. Furthermore, ZenChain offers unrivaled transaction throughput, reduces the chance of failure, and introduces special features exclusively for delivering decentralized financial services.
Zenchain’s approach for dealing with this issue contains the following :
- High-throughput, scalable blockchain with Tendermint Power
- Bridges from Etherum, Tron, Binance smart chains create cross-chain Defi and NFT solutions.
- Oracle’s built-in decentralized pricing
- Built-in primitive DeFi: Dex, Borrow & Borrow, IDO token, insurance.
- Non-exchangeable Token applications such as mint, auction, NFT rental
- NFTs X DEFI: brings the power of NFTs to the Defi and ecosystem
Defi to NFT
What exactly is NFT in the Zenchain Protocol ?
NFT, as we all know, is currently very successful with major investors. After the DEFI Program exploded in the crypto industry this period, NFT has also emerged as one of the most profitable digital assets for the future. since NFT can be dedicated as a one-of-a-kind possession and anyone can tag collections such as art works, real estate, and so on Also at a young age, people including art artists/painters, blockchain influencers, and other large digital businesses became involved in the NFT Program. As a result, the Zenchain project creator will take advantage of this chance to create a special Marketplace for DEFI and NFT.
Project Updates :
When this project was in the last few months, the Zenchain project team agreed to update the project’s growth plan and the Zenchain tokenomics, for crucial details, see below :
Token Name : ZEN
Token Type : BSC
Ticker: ZEN
Total Token Supply : 100,000,000 ZEN
Zenchain Partners :
Zenchain Community :
More Info :
WEBSITE : http://www.zenchain.co/
LITEPAPER : https://docs.zenchain.co/
TELEGRAM GROUP : https://t.me/zenchaingroup
TELEGRAM CHANNEL : https://t.me/Zenchainofficial
TWITTER ; https://twitter.com/zenchainco
FACEBOOK : https://www.facebook.com/Zenchainofficial
GITHUB : https://github.com/zenchainprotocol
MEDIUM : https://medium.com/zenchain-protocol
Author
Forum Username : cryptopathum
Forum Profile Link : https://bitcointalk.org/index.php?action=profile;u=2088829
Telegram Username : @pathumbitcoin
BSC Wallet Address : 0x88c058389C0eaB00a3516273245C50Ca5141A34e
