Seasonal Update from Unizen: Celebrating Community and Innovation - EARN and BURN

As the festive season approaches, we at Unizen are delighted to share some exciting developments that reflect our commitment to innovation and our valued community. Our latest update to the Unizen Earn program coincides with the much-anticipated launch of our new profit return utility (read more here)  feature for ZCX tokens.

Unizen Earn Program: A Leap Forward

110M XI Token Pool Extension: In celebration of our upcoming utility feature, the Unizen Earn program now includes a significant extension of a 110 million XI token pool, valid until March 2024. This extension is targeted to achieve an impressive 100%+ Annual Percentage Yield (APY), creating a substantial earning opportunity for our community.

Strategic ZCX Token Burn: We are introducing a milestone-based approach to burn ZCX tokens, enhancing token value and stability:

With 100 million ZCX staked, we will commence by burning 25 million tokens.

Subsequent milestones will see additional burns at 133 million (50 million total), 166 million (75 million total), and ultimately at 200 million staked, where we will burn the entire ~100 million reserve.

Enhanced ZCX Token Utility: Embracing the Future

Our new utility feature for ZCX tokens is designed to complement our existing fee-less trading model, offering enhanced benefits to our community:

• Profit Returns Added to Fee-less Trading: Alongside our commitment to fee-less trading, the new utility feature will offer additional profit returns for both ZCX token holders and stakers.
• Elevated Rewards for Stakers: Stakers of ZCX tokens will soon enjoy higher profit returns, reinforcing our ethos of rewarding active participation.
• Equitable Trade-Based Profit Returns: Profits will be calculated based on the ZCX tokens in your wallet at the time of trade, ensuring a fair return system.
• Improved Positive Slippage Sharing: We are upgrading our positive slippage sharing model to further enrich the trading experience for our holders and stakers.

To Andromeda, and Beyond

We are also excited to share more detail on another groundbreaking development: Unizen's own Layer 1 blockchain, powered by $ZCX - Andromeda. Here's what makes Andromeda a game-changer in the blockchain space:

• Support for Programmable and Non-Programmable Chains: Andromeda is designed to be highly versatile, supporting both programmable and non-programmable chains within its very own ecosystem.
• Ubiquitous Interoperability: One of Andromeda's core strengths is its ability to address atomicity through seamless interoperability, allowing different blockchain networks to communicate and interact without constraints.
• Seamless Onboarding: Accelerated and flexible developer onboarding to scale the ecosystem exponentially quicker to ship a diverse range of blockchain applications.
• Unique Ecosystem: Andromeda isn't just another addition to the blockchain space; it's an entirely unique ecosystem in itself, set to redefine how blockchain networks operate and interact.

Andromeda is a testament to our commitment to innovation and our continuous effort to push the boundaries of blockchain technology.

Forward Together

These developments mark a significant stride in our journey. With a focus on constant innovation and enhancement, we are dedicated to providing exceptional value and experience to our community. We thank you for your continued support and look forward to achieving new heights together.

Best Wishes,

The Unizen Team

About Unizen

Unizen is an entirely new category of DEX Aggregator with comprehensive omni-chain access and UTXO support. We offer unparalleled returns on decentralized trades industry-wide. Even compared to leading DEXAggregators like 1inch, Paraswap, and Matcha.

Our platform boasts a seamless experience with zero bridging, no sign-ups, no fees, and no KYC requirements, all while maintaining complete decentralization. We’ve created an entirely new class of DEX Aggregator, distinguished by an industry-leading Unizen Liquidity Distribution Mechanism (U-LDM), comprehensive omni-chain access, and UTXO support (starting with native Bitcoin). 

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Our industry-leading innovations give us the ability to provide the highest returns on decentralized trades in the world: access to more than 20,000+ assets across 9 chains and over 158 decentralized exchanges. Full stop.

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