CeDeFi platform Unizen adds new options to its utility token holders with the introduction of ZCX/USDT trade pair.
Unizen is the operator of a smart exchange platform that’s focused on marrying centralized and decentralized exchanges, a concept known as CeDeFi. The platform is subject to standard financial regulations, but it also supports modern innovation in the field of decentralized finance. Unizen gives traders access to the liquidity offered by centralized exchanges, the functionality and best rates possible for different asset trading.
Unizen provides advanced trading capabilities, as well as Dynamic Multi-Assetstaking functionality. This allows users to place their ZCX tokens within a range of liquidity pools and earn rewards in multiple types of crypto assets.
ZCX also enables governance, with holders able to vote on various issues affecting the platform that require the community’s consensus. In addition, ZCX holders get to participate in crowdfunding on ZenX Labs, which is Unizen’s accelerator for emerging crypto projects.
Given the versatility of the ZCX token it has seen big demand from Unizen’s community. It is likely that there will be lots of interest in ZCX/USDT, which allows holders to quickly swap their tokens for Tether stablecoins.
Unizen promised more, saying that this listing is only the beginning of many others to be added to its platform. Unizen stated that it plans to introduce multiple trading pairs over the coming months and weeks, which will offer additional opportunities and options for users.
As to what those new pairs will be, that hasn’t been revealed. However, Unizen said the forthcoming pairs will include a number of “partner projects” as well as the winners of its “Tournament of the Alt” competition. With so much to look forward too, Unizen believes its platform is all set to become the “destination of choice” for retail and institutional investors looking to explore the emerging world of CeDeFi.
Image source: Unizen