GEORGE TOWN, Cayman Islands, January 22, 2021 / PRNewswire / – Kaizen Finance, a decentralized financial platform with an interoperable cross-blockchain protocol, announces the launch of Kaizen staking.
Kaizen staking is based on the Kaizen Protocol, a next-generation DeFi protocol, which removes major barriers to accessing DeFi services such as impermanent losses, hidden fees, and high transaction costs that prevent DeFi from including millions of users.
To promote DeFi adoption, Kaizen Finance currently offers up to 80% APY for major stablecoins such as USDT, BUSD, USDC and DAI with a minimum 6 month blocking period in its staking service. Kaizen Finance does not charge users any fees for staking their income.
The Kaizen protocol is an automated liquidity protocol, which has three main advantages:
- Low commissions
- Using Oracle Managed Pools
- Easy-to-use tools for wider use
The Kaizen protocol, combined with an intuitive platform design, allows users to easily navigate DeFi services and enables the platform to provide users with the ability to earn some of the highest guaranteed returns on the market for holding stable assets. Another distinguishing feature that sets Kaizen Finance apart from conventional DeFi platforms is a precise pricing oracle system, which takes into account external market flows.
Kaizen staking works on the basis of stablecoin to ensure the safety of assets. The value of stablecoins is pegged to the USD, which offers minimal risks of volatility and reduces the risk of asset impairment. Kaizen staking harnesses the full security potential of decentralized finance, therefore rewards are generated and transferred automatically and no entity can get involved.
Kaizen Finance launched the Kaizen exchange service earlier this year, introducing the ability to exchange USDT and ETH for tokens of pioneering products and services.
Press release issued by PRLog
SOURCE Kaizen Finance