As a seasoned crypto investor with over a decade of experience under my belt, I can confidently say that I’ve seen my fair share of projects promising the moon and stars. However, when it comes to Zyfi, I find myself genuinely intrigued by their approach.
Lausanne, Vaud, October 9th, 2024, Chainwire
Zyfi has unveiled plans for a community sale of its tokens, opening up opportunities for both whitelisted users and public investors. This platform offers top-tier on-chain experiences, utilizing Paymaster and Intents backed by ZKsync technology. Following a successful $3 million private funding round, Zyfi is almost ready to launch its token (TGE), with the final community phase scheduled for those who wish to join Zyfi’s token adventure early on.
Zyfi has formed alliances with notable platforms like SyncSwap, PancakeSwap, and Koi Finance, acting as their designated payment service provider. Through these collaborations, Zyfi facilitates exceptional on-chain experiences for users by offering features such as fee-free transactions and the ability to pay transaction fees using any token, whether through EOAs or Smart Wallets.
In a nutshell, Zyfi has successfully handled over 1.5 million transactions for approximately 200,000 users across the ZKsync platform. Additionally, it has extended its reach to three other networks: Cronos zkEVM, Abstract (supported by Pudgy Penguins), and PlayFi, where it has deployed its smart contracts.
With an API designed to smooth out intricate protocol issues, Zyfi’s method doesn’t just make user interactions more straightforward, it also broadens access by allowing more participation in blockchain activities, eliminating the need for managing Ethereum (ETH) for gas fees.
On October 8th, Zyfi unveiled a participation checker for their community sale to acquire their ZFI token. This sale is broken down into two primary stages: a Pre-sale or Partner and Community Access Phase, followed by a Public Offering Phase open to all. The Pre-sale phase offers benefits such as the ability to invest 24 hours ahead of the public offering, and a 10% refund in ZK (for instance, investing $10,000 would result in a $1,000 return in ZK). The Public Offering Phase is accessible to anyone who shares Zyfi’s vision of developing outstanding on-chain experiences using Paymasters and Intents. While the terms for the Public Offering are the same as the Pre-sale phase, it does not include the ZK reward.
The checker is now live, allowing users to determine which sale event they can participate in, providing advantages for whitelisted users while giving everyone the opportunity to invest.
The ZFI token serves multiple purposes within the Zyfi ecosystem and its partner platforms. It’s used to cover gas fees, offering a 20% reduction in total costs for those who opt to use it. Moreover, ZFI is the exclusive means of obtaining stZFI, the governing token of the Zyfi Decentralized Autonomous Organization (DAO). Holders can exercise control over 30% of the total supply of stZFI and have a say in vital decisions such as fee implementation, reward distribution, and grant disbursement. Furthermore, staking ZFI tokens allows users to earn Annual Percentage Yield (APY) in Zyfi staking points, which is determined by the amount staked.
Users can join Zyfi here
About Zyfi
Zyfi concentrates on improving the user experience with blockchain technology using tools like Paymaster and Intents. By doing so, they strive to simplify transactions and make it easier for people to interact within the world of digital assets.
- Documentation: https://docs.zyfi.org/
- dApp: https://zyfi.org
- Telegram: https://t.me/joinchat/3-fAd9pmy9gwODlk
- Twitter:
- Discord: https://discord.com/invite/KHchZXmv8Q
Contact
Founder
Gauthier Vila
Ondefy Labs building Zyfi
gvila@zyfi.org
Read More
Sorry. No data so far.
2024-10-09 16:20