Connect with us
Active Currencies 15508
Market Cap $3,394,356,873,980.60
Bitcoin Share 57.17%
24h Market Cap Change $3.31

ZEN: A new concept of token value from a CeDeFi ecosystem

3min Read

Share this article

The ZEN token is an integral part of the Zenit World ecosystem, and it offers a number of unique benefits to its holders.

Zenit World is a project that aims to increase the adoption of cryptocurrency by bringing together products and services in the industry. With a focus on innovation and proven strategies, Zenit World aims to provide new financial opportunities and increase awareness of cryptocurrency.

One of the key ways that Zenit World plans to achieve these goals is through the use of machine learning and artificial intelligence technology to create unique and advantageous yield opportunities in the world of cryptocurrency. This will be accomplished through the expertise of professionals in the field of fintech.

In addition, Zenit World is committed to offering retail investors a superior service for preserving and investing their digital assets. The goal is to provide a familiar, and accessible environment for investors to take advantage of the financial opportunities offered by cryptocurrency.

Zenit World, the highest point on the celestial sphere, symbolizes the peak of personal finance. It represents a world where people can easily join and benefit from centralized and decentralized financial services. This is the Zenit World, the ultimate destination of a financial journey for finding peace and prosperity.

ZEN is the utility token of the Zenit World 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. The initial total supply is 153 million ZEN. After the burning, there will be 21 million, like bitcoin (BTC). This burning strategy ensures growth in token value.

ZEN token use cases are:

  1. Staking
    ZEN holders by staking their tokens join the tier system and will receive rewards generated into the ZENIT WORLD ecosystem.
  1. Burning
    The value of ZEN grows with the growth of the ecosystem thanks to the burning system.
  1. Tier System
    To obtain reduced fees for platform activity and benefits access to privileged services.

One of the key features of the ZEN token is its deflationary nature. With a burning strategy in place, the total supply of ZEN is reduced as the ecosystem grows, ensuring that the value of the token increases over time. This is in contrast to traditional inflationary tokens, which tend to lose value as more of them are issued.

Holders of the ZEN token can also participate in the staking process, which allows them to earn rewards for supporting the network. Additionally, they can take advantage of the tier system, which offers reduced fees and access to privileged services in exchange for holding a certain amount of ZEN.

The use cases for the ZEN token are diverse and varied, making it a valuable asset for anyone looking to get involved with the Zenit World ecosystem. Whether you are looking to earn rewards through staking, benefit from the deflationary nature of the token, or take advantage of the tier system, the ZEN token has something to offer.

ZEN token is an exciting new development in the world of cryptocurrency, and it is sure to be a hit with investors and traders alike. With its unique tokenomics and diverse range of use cases, it is well worth keeping an eye on as the Zenit World ecosystem continues to grow and evolve.

To know more about Zenit World, visit the following:

Website: https://zenit.world/

White Paper Docs: https://white-paper.zenit.world/

Telegram: https://t.me/zenitworldofficial

Twitter: https://twitter.com/officialzenit_

YouTube: https://www.youtube.com/channel/UCHBp8Asfh6JtWpm2kmcUA2g

Facebook: https://www.facebook.com/ZenitWorld

Instagram: https://www.instagram.com/zenitworld_/

Reddit: https://www.reddit.com/user/zenitonreddit

Medium: https://medium.com/@zenitworldofficial 

Disclaimer: This is a paid post and should not be treated as news/advice.

Share

Ishika is a graduate of Political Science from the University of Delhi. From writing content as a hobby to now pursuing it as a professional career, she has been living and breathing content all her life. Her interests lie in making sure articles are very digestible to a common reader, despite all its technicalities and jargons.
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.
Please check the format of your first name and/or email address.

Thank you for subscribing to Unhashed.