Fizen

A Crypto-backed Stablecoin Platform

Overview

Fizen’s stablecoin zUSD


          Unlike many centralized, non-transparent and fiat-backed stablecoins, zUSD stablecoin is backed by multiple cryptocurrencies, keeping its value equal to $1. It runs on PolkaFoundry – a blockchain within Polkadot ecosystem.

          With a complete decentralized operation, zUSD can be used by any blockchain decentralized applications (dApp) as medium of exchange and store of value.

          Users simply deposit their crypto assets as collateral to get a zUSD loan. While they enjoy using zUSD in many dApp, their crypto assets are totally safe!
        

zUSD - The Stablecoin

The target price

1 zUSD ~ 1 US Dollar

How does Fizen work?

Fi - The Governance token

          As a DAO - Decentralized autonomous organization, 
Fizen uses a governance token Fi to manage its operations.
        
1 Manage Fizen's operation via voting rights.

2 Potential recapitalization resource of the Platform
3 Profits from lending zUSD activity will be used to buy back and burn Fi tokens, which increase its price.

Tokenomics - Fi Tokens

Team & Advisors

Locked for 12 months, then unlocked over 24 months

15%

Token sales

Depended on Rounds. See Token sales table.

19.5%

Marketing

10% unlocked at TGE, then gradually over 18 months

10.5%

Ecosystem

Locked for 6 months, then unlocked over 30 months

15%

Foundation

Locked for 12 months, then unlocked over 36 months

15%

Reserve

Locked for 24 months, then unlocked over 36 months

25%

Roadmap

2021

Q3/2021

First version of whitepaper, landing page

Prototype design & testing confirm the concepts on whitepaper

UI/UX design/architecture design for MVP version.

Q4/2021

Token Sales

Development & release MVP version

UI/UX design/architecture design for full version

2022

Q1/2022

Develop and launch test-net version

Research on relevant Dapps for potential extension of
the ecosystem (P2P lending, flash loan...)

Q2/2022

Launch main-net version

Develop potential extension on the ecosystem.

Our team & advisors

Join Private Sale Whitelist

Join our community

t.me/fizen

Email us for any inquiries

support@fizen.io