Taipei, Taiwan, November 25, 2024, Chainwire
Anzen, the monetary platform behind USDz, plans to launch the sale of the Anzen protocol token on Fjord Foundry on December 2. Anzen is designed to create a variety of choices for USDz holders to earn potential returns in a steady, real-world asset-backed surroundings. Customers can see the official announcement right here.
USDz and sUSDz are already in use throughout the DeFi panorama with integrations throughout over 35 protocols together with: lending and borrowing on decentralized platforms, liquidity provisioning on DEXs, and steady and fixed-yield funding alternatives.
The launch of the $ANZ token goals to decentralize the platform and reward customers who’ve contributed to the expansion of the Anzen ecosystem. It will likely be awarded to USDz customers, together with however not restricted to USDz holders, USDz-USDC LPs, and USDz bondholders. Launchpad sale contributors can have the chance to buy ANZ.
Be part of the Launchpad sale
$ANZ might be listed on the Fjord Foundry launchpad on December 2 for a set value sale.
- Date: December 2, 2024
- Allocation: As much as 6.7% of complete token provide (ANZ$666,666,666)
- Sale Restrict: Onerous restrict fastened value sale of $3 million, absolutely diluted valuation (FDV) of $60 million.
- Length: 7 days
- Value: $0.006
- Extra particulars: A portion of the funds raised through the public sale might be reserved for liquidity provision actions.
In complete, as much as 666 million ANZ tokens might be provided at $0.006 per absolutely unlocked token. This units the absolutely diluted valuation at $60 million and the market cap at roughly $6 million primarily based on estimated tokens in circulation assuming the sale restrict is reached.
Anzen is backed by Circle Ventures, Mechanism Capital, Frax Finance, Tribe Capital and others. Anzen's community permits it to scale shortly and open highly effective DeFi utilities backed by institutional-grade belongings.
In regards to the $ANZ token
ANZ holders can profit from a direct say in how rewards are allotted and affect over liquidity incentives, increasing USDz's footprint in DeFi. Anzen permits customers of staked ANZ to train their governance rights and management USDz rewards. Staked ANZ (veANZ) holders can earn extra rewards by buying and selling charges, bonds and potential mortgage revenue, offering worth to veANZ holders.
Total, ANZ and veANZ holders can award rewards, seize protocol charges, and information the event of USDz as a steady DeFi asset. As a governance token, ANZ grants its holders important affect and tangible utility, aligning their pursuits with the long-term stability and growth of USDz in DeFi.
Be taught extra about Anzen
- Anzen permits customers to generate potential yield by staking and stuck fee choices.
- Anzen's TVL stands at $92 million, with month-to-month progress exceeding 25% since its launch in June.
- Anzen is reside on Base, Mainnet, Blast, Manta and Arbitrum
- Anzen additionally introduced the launch of USDz on Motion, Plume and Berachain, with extra partnerships deliberate following the launch of $ANZ.
- Anzen good contracts have been audited by Halborn, Peckshield and Zellic.
About Anzen
Anzen redefines digital belongings, making USDz a digital greenback backed by a various portfolio of credit score belongings rigorously underwritten by TradFi establishments and transparently listed on Anzen's transparency web page. The founding group brings greater than a decade of expertise in capital allocation and asset administration, leveraging an in depth community to unlock premium alternatives with market-leading risk-adjusted potential returns .
Anzen goes past merely making a “secure” token. The main target is on making use of confirmed monetary rules, akin to stability, belongings producing potential returns, transparency and predictability, in a means that’s accessible and open to all customers. The venture's mission is to supply people world wide with the chance to generate steady potential returns utilizing their belongings inside DeFi, an possibility that is still inaccessible to many.
For extra data on how one can be eligible for Anzen's upcoming airdrop and be part of the Launchpad sale, customers can go to:
https://anzen.finance/everything-you-need-to-know-about-anz
https://x.com/AnzenFinance
https://anzen.finance/
ContactAdvertising and marketingCindy LinAnzen Financecindy@anzen.finance
This text was initially revealed on Chainwire
