The ZenChain Foundation is developing ZenChain, a blockchain specifically dedicated to DeFi applications and NFTs.
About
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.
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.
What Is Zenchain?
Zenchain is a blockchain built on the Cosmos architecture to maximize the potential of De-Fi apps and NFTs. Though Zenchain is based on existing Cosmos, the distinct blockchain is specially set up to support the proliferation of the decentralized finance protocols and the growth of the NFTs. There are built-in dapps on Zenchain, making it most conducive for these applications.
Benefits
Benefits of ZenChain:
Development of key applications for the DEFI and NFTs.
High throughput for all transactions
Safer, more secure blockchain specifically for decentralized finance.
The rapid development of dApps for decentralized finance.
Peace of mind that the blockchain is not used for any types of non-financial dApps, thus decisions of Foundation and core developers are focused 100% on decentralized financial use-cases and nothing else.
The rapid development of dApps with dedicated calls specifically for finance applications.
The minimal attack surface of financial smart contracts developed on the platform.
Reliable governance
Highly immutable — by periodic anchoring to the blockchain.
Token
Token details
Token Name: ZEN
Token type: BEP20
Total Token Supply: 100,000,000 ZEN
Initial circ supply: 1,200,000 ZEN
Initial market cap: $360.000
Unsold/Unused token: Burn
Token governance and use of funds
All funds in previous fundraisers were raised in stable coins and fiat currencies. The stable coin is either self custody and stored in multisig wallets, requiring at least 2 out of 3 signatures from the management team, or is stored with a qualified custodian. Funds will be utilized according to the allocations below:
50.00% Protocol Development
25.00% Business Development and Marketing
15.00% Operations
10.00% Legal and Accounting
Milestones
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.
Conclusion
With me, ZenChain is something new in cryptocurrency world. I must say that we should join this revolutionary project with various features and solutions provided by this project. This is user-friendly platform that increases the profitability and is easy to use even for non-technical users. So it is hoped that their will be more people who can feel the benefits of cryptocurrency.
Media Social
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
Bitcoin ForumUsername: Esperanzazotac
Bitcoin ForumProfile Link: https://bitcointalk.org/index.php?action=profile;u=2769235
Wallet: 0xe730F666dEEf5DBE4E73fB46635cF30111766b39