Introducing Zenith.Finance, a Dark-horse Lending Protocol Crypto Players Should Notice Recently

Place/Date: – May 28th, 2022 at 9:23 am UTC · 3 min read
Source: Zenith.Finance

In the past years blockchain industry saw the explosive growth in innovative blockchain financial applications covering a broad range of use cases, including blockchain network(Ethereum), DeFi(Compound), and GameFi(Axie Infinity). The robust influx of brains and capital came with a crypto boom, but blockchain protocols are still way far from being mature products.

Taking lending protocol as example, though a handful of outstanding products like Aave, Compound and Venus have already launched a set of lending services for crypto users on Ethereum and BSC, lending sector has yet to produce a simple, convenient and multi-functional lending product with broad appeal both in and outside the world of crypto natives.

To address this pressing need, Gringotts Labs, the upstart crypto incubator which raised $300 million liquidity investment from Ivy Venture, rolled out Zenith.Finance, a lending protocol on Cube Chain.

What Is Zenith?

Zenith.Finance is designed to provide one-stop, peer-to-peer lending solutions with decentralization and transparency to ensure maximum reliability for users. Zenith aims to become the best lending product on Cube Chain and to extend its influence in crypto world.

Why Cube Chain?

As one of the most popular blockchain network, Cube Chain boasts a high TPS up to million level and very low transaction fees.

For an upstart blockchain network like Cube Chain, lending sector plays a very vital and essential role for the maximization of its capital-efficiency. The converse is also true. For Zenith, an upward and energetic new lending protocol, Cube Chain is also the best place to demonstrate itself and prove its value in front of all users.

What Makes Zenith Different?

Crypto assets are like river – the flowing one is always clean and alive, and the stagnating one dies.

With hundreds million liquidity investments, the highly-scalable markets on Zenith will not only provide high-yielding deposit and lending services, but also improve the overall capital-efficiency of Cube Chain ecosystem and provide solid backup for Cube-based assets.

At launch, Zenith will enable borrowing and lending money markets across a set number of assets and offer the following high-liquidity money markets with dynamicly-adjusted incentives:

Audit

Zenith was audited by the prominent blockchain security firm Armors and has a reliable risk control management system. Compared to other lending protocols, Zenith is definitely a better choice for users who give high importance to asset safety.

How far will Zenith.Finance go?

According to some reliable insiders, in the coming days Zenith will introduce additional money markets including stablecoins, DeFi tokens, LP-tokens, and other major markets. With hundreds million USD liquidity investment and higher yielding deposit and lending market, Zenith will go steadily on its mission to innovate, benefit, and change.

Source: https://www.coinspeaker.com/zenith-finance-lending-protocol/