Official website: https://www.unizen.io/
Launched in April 2021, Unizen (ZCX) is a Centralised decentralised finance (CeDeFi) platform and is the first CeDeFi exchange to combine the functionality of Centralised exchanges (CEX's) and decentralised exchanges (DEX's). True to its name Unizen’s protocol consolidates the power of popular cryptoasset services to provide a seamless in-house experience to both retail and institutional traders through its hybrid system.
Unizen’s mission is to address three key areas of concern for investors being security, liquidity and accessibility.
Firstly, the protocol benefits from the additional reputation and security of the Proof-of-Stake consensus by operating on the acclaimed Ethereum Network. This proven network security is evident as the network currently hosts the most decentralised applications and tokens on its network. Furthermore, the native token Ethereum (ETH) alone accounts for approximately 20% of all trades by market dominance second only to Bitcoin (BTC).
To address both accessibility and liquidity limitations, Unizen have acquired partnerships and services of Binance one of the largest centralised exchanges, Uniswap the largest Ethereum-based decentralised exchange (DEX) and SifChain a decentralised exchange module. Despite having an arsenal of three heavy weights already collectively serving as Unizen’s liquidity, there are already plans to deepen their liquidity by securing more collaborations. Additionally, securing strategic partners to support on key areas such as data to enrich their current feeds as well as consultation and guidance on compliance and governance. These alliances currently include industry leading organisations such as JunCapital, LunarCrush and more.
Unizen ZCX is the native utility token of the Unizen network and offers an array of benefits and access to the platform. The ZCX token will be required to interact with the platforms modules which encompass traditional and unique decentralised applications (dApps). The services on offer include Dynamic Multi-Asset Staking which offers participants the ability to stake their tokens to earn a range of other cryptoassets. Their staking process incentivises node creation through their proof-of stake system.
Holders are also given voting rights for key decisions proposed by Unizen (ZCX) to govern the exchange, the plans are set to include listing votes for pre-identified candidates, User interface and other roadmap projects. The token will also be self-assigned to account for fees at a significantly reduced rate which is industry standard for tokens that are tailored or related to exchanges. Other lucrative staking options include Dynamic yield staking, in which participants earn continuous yield on stablecoins through its recompounding smart contract at a highly competitive yield, even compared to industry titans.
The senior members of Unizen’s team is comprised of industry veterans that have a plethora of experience to offer the cryptospace. Two prominent figures at Unizen, Sean Noga, Chief Executive Officer (CEO) and Tom Sweeney, Chief Operating Officer (COO) both retain prominent positions at JunCapital serving the company as managing partners. The preservation of their roles at JunCapital helped forge the partnership with Unizen. The Asian based investment and information platform can be resourced for fiscal, data and advisory services, boasting Ethereum’s creator Vitalik Buterin as consultant.
Martin Granstrom is the Chief Technical Officer (CTO) at Unizen and has insight in the field of software and information technology through his ongoing role as CEO of GlacierHub as well as formerly occupying a role at communication software firm Netrounds as a senior solutions engineer amongst other positions.
As an Ethereum ERC-20 token, you can store your Unizen (ZCX) on reputable Ethereum wallets like MyEtherWallet (MEW). In addition to this, if you are holding a significant amount, you may also want to consider a trusted hardware wallet like a Ledger or Trezor device.
Another option is MetaMask, a leading browser wallet extension popular amongst DeFi platforms, operating as a Multichain Wallet Google Chrome Extension. By adopting MetaMask as your wallet provider this will enable you to interact with various features of the DeFi platform.
You can Buy & Sell Unizen (ZCX) by heading over to the Buy Coins page of our website. Unizen (ZCX) is available on BC Bitcoin trading against major fiat currencies: GBP and EUR. Buying Unizen (ZCX) has never been easier, simply place your order and provide your wallet address. Once your payment arrives Unizen (ZCX) will be sent directly to your wallet.
If you choose to Sell Unizen (ZCX) you can send us the coins and receive a payment to your bank account. Details and valuation can be found on our Sell Coins page.
Disclaimer: The information provided in this article is intended for informational purposes only. It is the reader's responsibility to complete their own research and due diligence