In DeFi projects, inefficient utilization of liquidity is a common problem. To solve this problem, iZUMi Finance focuses on building service provision and optimizing liquidity capabilities. In the following article, letâs learn about the features of iZUMi Finance!
What is iZUMi Finance?
iZUMi Finance is a DeFi protocol dedicated to providing one-stop liquidity services (LaaS) in an efficient and sustainable manner. The main goal of the project is to ensure better liquidity for each token with long-term benefits. Therefore, iZUMi is building a multi-chain ecosystem and aims to become a leading platform in the DeFi field providing highly capital-efficient liquidity services.
The iZUMi platform focuses on developing products that optimize liquidity. iZUMi's core products include LiquidBox, iZiSwap and iZumi Bond. In addition, the platform offers many other ancillary products such as insurance against temporary losses, dual currency products and fixed income products.
Products of iZUMi Finance
ZiSwap
iZiSwap is a decentralized trading platform with a new automated market maker (AMM) model called Decentralized Liquidity AMM (DL-AMM). With iZiSwap, users can enjoy advanced features that enhance their trading experience:
Fast Trading: Trades are executed instantly with minimal slippage.
Limit Orders: Allow users to place orders at a specific price and have greater control over their transactions.
Professional trading: iZiSwap provides a professional trading interface similar to a centralized exchange, allowing users to place buy and sell orders on the order book (Order-book).
Liquidity: iZiSwap provides centralized liquidity within specific price ranges, enabling users to earn rewards from trading fees.
Activities: Participate in activities and competitions organized by iZiSwap to provide additional benefits and promotional opportunities.
Analysis: iZiSwap provides an overview of transaction data, including total value locked (TVL), transaction volume, liquidity pools, popular tokens, transaction information, and more.
LiquidBox
LiquidBox is a liquidity mining mechanism based on the Uniswap V3 model. It consists of two main components: Liquidity Providers (LPs) and protocols. LPs participate in providing liquidity on Uniswap V3 and receive NFT LP tokens representing their liquidity. At the same time, the protocol will participate in liquidity mining on LiquidBox and automatically set the value range of LP token rewards.
LiquidBox will automatically determine whether LP's NFT LP tokens are within the value range set by the protocol. If eligible, LPs will receive LP tokens as a reward for providing liquidity.
iZUMi Bond (also known as iUSD, iZUMi Bond USD) is a stablecoin issued by iZUMi Finance, backed by 100% of the projectâs collateral and revenue, and remains stable at a 1:1 ratio to the U.S. dollar.
veiZi (iZUMi DAO veNFT) is a managed NFT issued by iZUMi Finance based on the ERC-721 standard. Users need to lock IZI tokens for a certain period of time (from 1 week to 4 years) to own veiZi. NFT veiZi has the following features:
Voting: Participate in iZUMi DAOâs governance voting.
Staking: iZUMi will use 50% of monthly income to buy back IZI tokens and use them for veiZi holders.
Gain: veiZi holders can increase the annualized yield of the LiquidBox pool by up to 2.5 times.
Investors and partners
investor
iZUMi Finance has conducted a total of 3 rounds of financing, raising a total of US$27.6 million, including Mirana Ventures, Gate Labs, GSR Ventures, IOSG Ventures, MEXC Global and other funds.
Partner
iZUMi Finance has established partnerships with many DeFi projects, covering various fields such as Woo Network, BitDAO, Ankr, Zebec, Infiblue, etc.
Tokenomics
The distribution and issuance plan of IZI tokens is as follows:
Core Team: 18% - locked for 6 months, then 10% unlocked, payable linearly over the next 18 months.
Ecosystem: 55% - 3% of which will be used to provide liquidity for Uniswap V3, and the remainder will be paid out linearly over 4 years.
Private placement round: 15% - 10% is unlocked at TGE, locked for the next 3 months, and then paid out linearly over the next 12 months.
Partners: 10% - locked for 6 months, then 10% unlocks, payable linearly over the next 18 months.
IDO: 1% - 100% unlocked at TGE.
Airdrop: 1% - 100% unlocked during TGE.
Summarize
Thatâs all there is to know about iZUMi, a project focused on providing and optimizing liquidity utilization. Through this article, you must have a certain understanding of the basic information of the iZUMi project so that you can make your own investment decisions.
