Anzen declares TGE and launchpad sale on Base as TVL reaches $92 Million

Taipei, Taiwan, November twenty fifth, 2024, Chainwire

Anzen, the monetary platform behind USDz, plans to launch on December 2nd for his or her launchpad sale of the Anzen protocol token on Fjord Foundry. Anzen is designed to create a broad vary of choices for USDz holders to potential returns in a secure, real-world-asset-backed atmosphere. Customers can see the official announcement right here.

USDz and sUSDz are already used throughout the DeFi panorama with integrations on over 35 protocols, together with: lending and borrowing on decentralized platforms, liquidity provisioning on DEXs, and secure and fixed-yield funding alternatives.

The launch of $ANZ token is designed to decentralize the platform and reward customers who’ve contributed to rising the Anzen ecosystem. It is going to be allotted to USDz customers, together with however not restricted to, USDz stakers, USDz-USDC LPs, and USDz Bond holders. Members within the launchpad sale could have the chance to buy ANZ.

Becoming a member of the Launchpad Sale

$ANZ can be listed on Fjord Foundry launchpad on December 2nd for a fixed-price sale.

• Date: Dec 2, 2024
• Allocation: As much as 6.7% of complete token provide (666,666,666 $ANZ)
• Sale Restrict: $3M laborious restrict Fastened Value Sale, $60M totally diluted valuation (FDV).
• Length: 7 days
• Value: $0.006
• Extra Particulars: A part of the funds raised from the general public sale can be earmarked for liquidity provision actions.

A complete of as much as 666 million ANZ tokens can be provided at $0.006 per token totally unlocked. This units the totally diluted valuation at $60 million, and the market cap at roughly $6M primarily based on the estimated circulating tokens assuming that the sale restrict is reached.

Anzen is backed by Circle Ventures, Mechanism Capital, Frax Finance, Tribe Capital, and others. Anzen’s community permits it to scale rapidly and open up highly effective DeFi utilities backed by institutional-quality belongings.

About $ANZ token

ANZ holders can profit by having a direct say in how rewards are allotted and influencing liquidity incentives, increasing USDz’s footprint throughout DeFi. Anzen permits staked ANZ customers to train governance rights and management over USDz rewards. Staked ANZ (veANZ) holders can earn additional rewards from buying and selling charges, bonds, and potential lending income, offering worth to veANZ holders.

General, ANZ and veANZ holders can allocate rewards, seize protocol charges, and information USDz’s improvement as a secure DeFi asset. As a governance token, ANZ empowers holders with significant affect and tangible utility, aligning their pursuits with USDz’s long-term stability and enlargement throughout DeFi.

Extra on Anzen

• Anzen permits customers to generate potential yield via staking and fixed-rate choices.
• Anzen’s TVL stands at $92 million, with month-over-month progress exceeding 25% since launching in June.
• Anzen is stay on Base, Mainnet, Blast, Manta, and Arbitrum
• Anzen has additionally introduced launches of USDz on Motion, Plume, and Berachain, with extra partnerships lined up after the launch of $ANZ.
• Anzen good contracts have been audited by Halborn, Peckshield, and Zellic.

About Anzen

Anzen redefines digital belongings, establishing USDz as a digital greenback backed by a diversified portfolio of credit score belongings which can be rigorously underwritten by TradFi establishments and listed transparently on the Anzen transparency web page. The founding staff brings over a decade of expertise in capital allocation and asset administration, leveraging an in depth community to unlock premium alternatives with market-leading risk-adjusted potential returns.

Anzen goes past merely making a “protected” token. The main focus is on making use of confirmed monetary ideas—equivalent to stability, belongings that generate potential returns, transparency, and predictability—in a way that’s accessible and open to all customers. The undertaking’s mission is to supply people worldwide with the chance to generate secure potential returns by using their belongings inside DeFi, an possibility that continues to be inaccessible to many.

For extra data on the way to be eligible for Anzen’s upcoming airdrop and be a part of the launchpad sale, customers can go to:

https://anzen.finance/everything-you-need-to-know-about-anz

https://x.com/AnzenFinance

https://anzen.finance/

ContactAdvertisingCindy LinAnzen Financecindy@anzen.finance

This text was initially printed on Chainwire