Zenchain: Dedicated And Native Blockchain For Defi x NFTs

Lewison
3 min readMay 22, 2021

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Dedicated And Native Blockchain For Defi x NFTs

Decentralized finance, almost all crypto users in the world know this protocol and its functions. The decentralized finance protocol has succeeded in making financial systems that are usually closed and prone to manipulation, become decentralized and difficult to manipulate. Decentralized finance or commonly abbreviated as DeFi with its various features and solutions allows users to access a decentralized financial ecosystem that allows them to maximize their profit on the crypto market. And talking about decentralized finance, maybe you will be interested in ZenChain.

About

ZenChain is a dedicated blockchain specifically optimized for DeFi and NFT applications. Its protocol provides high transaction performance, lower risk of errors and intelligent feature development specifically for financial services fulfillment for both fungible and non-fungible tokens within the blockchain ecosystem. ZenChain offers some solutions to solve the aforementioned DeFi problems. First, it offers scalability, high-performance blockchain with Tendermint Power, an Etherum bridge, Tron, Binance Smart Chain(BSC) makes DeFi and NFT cross-chain solutions and built-in DeFi primitives. And Zenchain Protocol also brings solutions for non-fungible tokens (NFTs) as applications such as another asset in a coin exchange house, rental of NFTs, as well as the power of NFTs to the DeFi ecosystem and DeFi to NFTs.

Features

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

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

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

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

Benefits

The Zenchain Protocol is a dedicated application development for DeFi and NFTs that offers high performance for all transactions, more secure blockchain specialized for DeFi, rapid development of dApps with a minimum attack surface for financial smart contracts. Besides, it provides a government reliability highly immutable. And with Non-fungible token applications:
Minting: Speed of sheet to create NFTs.
Auction: The marketplace for user-owned digital goods which includes collectibles, gaming items, etc.
Rent: Marketplace where owners of NFTs do not need to sell their NFTs, only use them for rental.
NFTs X DEFI: The idea of creating this conjunction works in two ways:
Use of NFTs as collateral in Defi: full support of cross-chain NFTs and Def, allowing NFT owners to be more powerful with their NFTs. And use of Defi to mint NFT-Fi: NFT-Fi will be a non-fungible token with DeFi traits and will be minted providing liquid to DEX or lending systems.

Token Detail

Team

Conclude

Zenchain focuses on providing a better DeFi platform with multiple chain technology, which allows users to access DeFi features more safely, lower fees, and a better return on investment. Decentralized finance is a protocol that allows cryptocurrencies to be applied in more complex financial cases. DeFi allows crypto users to maximize their profit through the various features provided. And Grandle is one of the platforms that adopts the DeFi protocol.

FOR MORE INFORMATION ABOUT GRANDLE:

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
Mdium: https://medium.com/zenchain-protocol

Author

Forum Username: lewison
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2737322
Address: 0xC036C1ac69eB8A510EDD1Ef0254ef688E9646825

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