Anzen Finance
USDz is a multichain digital dollar backed by a diversified portfolio of private credit assets. USDz stakers are rewarded with sustainable, consistent staking rewards.
Created on 25th June 2024
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Anzen Finance
USDz is a multichain digital dollar backed by a diversified portfolio of private credit assets. USDz stakers are rewarded with sustainable, consistent staking rewards.
The problem Anzen Finance solves
Farming opportunities in Defi are limited and users are forced to choose between low yields or high risk and loss of principal value in USD terms.
Staked USDz provides an opportunity to earn reliable reward emissions that are uncorrelated to crypto prices and backed by real assets. USDz is a stablecoin that has real backing, and stakers are rewarded consistently without being impacted by crypto prices.
Challenges we ran into
Building reliable bridging between chains is difficult. This was overcome by using bridging solutions from Chainlink, Axelar, and LayerZero.
Tracks Applied (1)
Payments Track
PAYMENTS with Stripe
Technologies used
Cheer Project
Cheering for a project means supporting a project you like with as little as 0.0025 ETH. Right now, you can Cheer using ETH on Arbitrum, Optimism and Base.