The Zunami is the 1st redistributed profit collector that allows stablecoin owners to profitably store their assets, and who has released a $UZD stablecoin. Its technology allows platform customers to use accumulated APY – thanks to automatic components and other control methods.
The Zunami Protocol is a stablecoin compatible profit aggregator. They provide stablecoins with high liquidity, allowing users to maximize their profits in the cryptocurrency market. Zunami provides an interchain gateway, greatly reducing the cost of operating the Ethereum documentation from the L2 chain and EVM for retail users.
The security
One of the main issues facing stablecoins these days is the issue of guarantees. Several stablecoins, such as TerraUSD and LUNA, will lose their pegs in 2022. Token makers such as Tether have taken measures to fully certify their USDT stablecoin. Moreover, since the Terra crisis, some customers are doubting all stablecoins.
Nevertheless, Zunami aims to give clients a redistributed and secure DAO-managed stablecoin. The platform will be a solution to the inactivity problem some stablecoins have recently encountered. Using the inner stablecoin entirely solves the trouble faced by most stable tokens.
Also read:Additionally, it is backed by a diverse set of trusted crypto assets. Immediate asset acquisition serves as a safeguard against immobilization and ensures asset integrity. Also, $UZD is a very cost-efficient service. This is due to a huge exclusive APY offered by Curve’s most profitable team.
Zunami Aims to Be a Decentralized Stablecoin
The founder of Zunami stated that the market needs a fully distributed, cost-effective and secure stablecoin system driven by the DAO mechanism, and using the DAO stable token is the only clear way. They have come to such a conclusion recently.
The founder really hopes it will support them in saving and profiting the wealth and the crypto ecosystem. The initiative aims to provide additional income from the dollar pool to incentivize his UZD/3CRV team at Curve Finance. The goal of this initiative is to grow the Curve UZD team by 20-30% annually over the next year.
The stablecoin is owned by Convex with the use of Zunami, which it claims to supply stable returns to holders through the aggregation method.
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