Zac Finance; One of the best and Unique DeFi Platform in the Blockchain World

Blockchain technology has been one of the greatest technology invented that's still evolving at a very fast pace. In the year 2020, with the introduction of Decentralized Finance, it has brought about the concept of the traditional financial methods to the blockchain technology and its growing at a very high rate. With DeFi, users can perform basic financial transactions such as staking, borrowing, lending as well as trading on the blockchain space with so much decentralization, transparency and as well as cost efficiency. This can be performed by any user with a crypto-wallet as well as an internet connection.

One of the most interesting concept that emerged as a result of DeFi is yield farming. Yield farming is an innovative way for users to earn cryptocurrency as a reward for their cryptocurrency holding, by utilizing a permissionless liquidity protocol. Although there numerous platforms that offer Yield Farming but finding the right platform is the key to a maximum yield. One amazing platform that guarantees the best yield farming is the Zac Finance.

Zac Finance, a Unique DeFi Platform

There is a great number of DeFi platforms out there, but one of the most unique is Zac Finance. It offers a number of Decentralized Finance services all on a single platform, and it has an amazing user friendly interface that can be used by a cryptocurrency user of any experience levels. The platform is fully decentralized, secure and transparent with features that aims to bring about the mass adoption of DeFi services into our daily lives.

Components of the Zac Finance

Zac Finance offers a variety of DeFi features and services which include

• Z-Farm - with the Z-Farm, users can earn more cryptocurrency by providing liquidity. This is also known as liquidity mining and users can get the ZAC tokens as rewards for contributing to the liquidity pools on the platform.

• Z-Stake - this is similar to the Z-Farm, but differs in the sense that users simply store and lock their crypto-holdings in a non-custodial wallet on the platform to contribute to the consensus process of the platform. They also get rewarded in ZAC tokens.

• Z-Trade - This is where users can borrow as well as trade stablecoins as well as other crypto assets on the platform and with its usage, users are guaranteed a high degree of profits with low transactions fees.

• Z-Swap - this is very similar to the conventional Uniswap that we know and it allows for the direct, swift and effective swapping of tokens on the platform. It's fully automated, decentralized and it's an open source market maker. One amazing feature it is that it makes use of no transaction fees.

• Z-Vault - this ensures that a user's funds are usually secured and are assigned to the optimal performing trading assets in real time. This is made possible with its state of the art automated yield farming, that shifts funds to the next performing asset when the current asset begins to fail. Hence it offers the best yield to its users.

• Z-Vote - this feature enables its community to have a right to on-chain voting or governance. This will enable its users the right to participate in the decisions making process on the platform by voting through the protocol.

Features that distinguish Zac Finance from other similar DeFi platforms

• it offers a very user-friendly and simple interface that can be utilized by any user, and it's very rich and offers a very great user experience.
• It offers a variety of DeFi services withing a single interface.
• It makes use of a very low transactions fees and especially no fees when using the Z-Swap.
• It offers its users a decentralized governance where they can participate in the on-chain voting process.
• It has a high degree of decentralization, fully secure and cannot be wavered by central entities.

The Zac Token

This is the native ERC-20 token of the platform and its used for all internal transactions as well as incentivizing its users. This token is the backbone of the Zac Finance ecosystem and it has a total supply of 57,000 ZAC.

Recent News about the Zac Finance

• 10-Nov-2020 - Partnership with Chainlink to integrate live price feeds in the upcoming Z-Vault
• 5-Nov-2020 - The Z-Farm became live and the smart contracts were updated accordingly. So users can now farm and earn ZAC tokens.
• 28-Oct-2020 - Z-Vote was launched and users can now vote to decide what's next on the platform.
• 19-Oct-2020 - Z-Farm contract has been deployed successfully and audited by an approved auditor from Callisto Network
• 11-Oct-2020 - The Z-Stake became live with ZAC rewards and users can earn 16% monthly.
• 5-Oct-2020 - $ZAC Finance was listed on CoinMarketCap and can be seen on https://coinmarketcap.com/currencies/zac-finance/

What lies ahead?

• The Z-Vault launch is already in progress.
• Numerous partnerships with Zac Finance are ongoing and will be unveiled soon
• The Z-Swap and the Z-Trade will be launched by December 2020

There is a lot of platforms that offer Decentralized Finance services but the Zac Finance stands out. This is because they have a dedicated and hard working team that ensures that the platform is up and running. The platform also offers unique features as well as an easy to use interface that can be accessed by anyone and also offers the best yield and profits to its users. Hence its unique and will change the way users make use of DeFi.