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Zenit — In a Few Words: Project, Mission, and Benefits

Started by forex4you, Feb 15, 2023, 11:43 am

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Zenit -- In a Few Words: Project, Mission, and Benefits

<p class="MsoNormal">The crypto market has faced many challenges, especially in the year 2022. We can summarize it as: platform insolvency, unsustainable tokens, and no product audit. </p><p class="MsoNormal">This has backfired on crypto users who, due to the lack of competence of the founders and developers, and sometimes due to a lack of ethics, have lost funds and access to their wallets.</p><p class="MsoNormal">Resolving this situation is essential to eradicate cryptocurrencies from the stigmas they have, and encourage the masses to enter this industry without fear. </p><p class="MsoNormal">This is where <a href="" target="_blank" rel="follow">Zenit World</a> comes into play, an ecosystem that combines the principles of centralized finance and the technology of decentralized finance.</p><p class="MsoNormal">CeDeFi ecosystem</p><p class="MsoNormal">Zenit World's vision is to be a CeDeFi ecosystem in order to access peaked strategies of:</p><p class="MsoNormal">- Strategy Pools</p><p class="MsoNormal">- Saving Pools</p><p class="MsoNormal">- Staking</p><p class="MsoNormal">The principles to be respected are: to give the user a customized risk level, make it suitable for crypto beginners, and safe.</p><p class="MsoNormal">At <a href="" target="_blank" rel="follow">Zenit World</a>, people can join high-level yield strategy pools with maximum security through audits on solvency, trade performance, and KYC and AML regulations. The trading strategies are created by a team of FinTechs, cybersecurity and cryptocurrency experts. </p><p class="MsoNormal"><a href="" target="_blank" rel="follow">Zenit</a> is a unique project that combines the best of centralized (CeFi) and decentralized (DeFi) finance to offer a number of benefits to its users.</p><p class="MsoNormal">One of the key advantages of Zenit is that it is able to offer a vetted exchange and tokens. This means users can be confident that they are investing in legitimate and trustworthy platforms. </p><p class="MsoNormal">Additionally, Zenit offers compliant choices, ensuring that users are able to stay on the right side of the law.</p><p class="MsoNormal">Another important aspect of Zenit is its focus on security. With a scalable and secure orientation, users can have the confidence that their investments are safe and secure. </p><p class="MsoNormal">This is especially significant in the fast-paced and volatile world of cryptocurrency, where security breaches and scams are all too common.</p><p class="MsoNormal">ZEN - New Concept of Token Value</p><p class="MsoNormal"><a href="" target="_blank" rel="follow">ZEN</a> is the token of the <a href="" target="_blank" rel="follow">Zenit World</a> ecosystem. The token value reflects the growth of the ecosystem; thanks to a burning strategy mechanism, it is a deflationary token, commensurate with the growth of TVL.  </p><p class="MsoNormal">The initial total supply is 153 million ZEN. After the burning strategy, there will be 21 million as bitcoin (BTC). This strategy ensures growth in token value.</p><p class="MsoNormal">Token use cases are:</p><p class="MsoNormal">- Staking</p><p class="MsoNormal">ZEN holders, by staking their tokens, join the tier system and will receive rewards generated into the ZENIT WORLD ecosystem.</p><p class="MsoNormal">- Burning</p><p class="MsoNormal">The value of ZEN increases with the growth of the ecosystem (thanks to the burning system).</p><p class="MsoNormal">- Tier System</p><p class="MsoNormal">To obtain reduced fees for platform activity and benefit access to privileged services.</p><p class="MsoNormal">ZEN tokenomics is public and (as per their <a href="" target="_blank" rel="follow">white paper</a>) is set as follows:</p><p class="MsoNormal">Zenit is a powerful and exciting development in the world of cryptocurrency and is sure to be a hit with investors and traders alike. To find out more about the project, check out their roadmap and all info on the online White paper: <a href="" target="_blank" rel="follow"></a></p><p class="MsoNormal">Website <a href="" target="_blank" rel="follow"></a></p><p class="MsoNormal">Telegram<a href="" target="_blank" rel="follow"></a></p><p class="MsoNormal">Twitter:<a href="" target="_blank" rel="follow"></a></p><p class="MsoNormal">Medium<a href="" target="_blank" rel="follow"></a></p><p class="MsoNormal">Reddit<a href="" target="_blank" rel="follow"></a></p><p class="MsoNormal">Facebook:<a href="" target="_blank" rel="follow"></a></p><p class="MsoNormal">Instagram:<a href="" target="_blank" rel="follow"></a></p><p class="MsoNormal">Youtube:<a href="" target="_blank" rel="follow"></a></p>

This article was written by Finance Magnates Staff at

Source: Zenit -- In a Few Words: Project, Mission, and Benefits
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