Efficient blockchain for DEFI & NTFs

3 min readMay 22, 2021

ZenChain Protocol

ZenChain solution

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

About

ZenChain is 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.

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 name: ZEN
Token type: BEP20 and ERC20
Token name: TBA
Total supply of tokens: 100,000,000 ZEN
Initial offer of the round: 2,500,000 ZEN
Initial Market Cap: TBA
Unsold / unused tokens: Burn

A major part of the project’s vision is that open protocols like Ethereum and interoperability standards like ERC721 and ERC1155 will create a dynamic new economy in which users actually own the digital goods. This is a powerful new number. Because they think that open and liquid markets will foster the development of these new economies, the project is creating tools that will enable any developer to create integrated marketplaces rich in their digital assets. And most of all, the team does it with the help of a passionate community of users, developers and creators.

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.

The ZenChain Protocol is a very powerful project. Which is a Binance smart chain-based token. The ZenChain Foundation is developing the ZenChain project, a blockchain specifically dedicated to decentralized financial (DEFI) applications and non-fungible tokens (NFTs). Other good news is ZenChain blockchain powers by Cosmos Binance smart chain, Tron, Polkadot, and Ethereum to optimize and develop our blockchain. So Everybody can invest very easily fundraise it in the Zenchain platform confidently. Zenchain protocol will make ensure a hassle-free transaction. These platforms offer high security to protect operating systems and invest their asset in the community.

Media social offical

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

Bitcointalk Username: Philomena Choula
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2769318
Wallet: 0xdef0e9e16d34405c9ce136bb40417b52be7d48b1