December 10, 2021 — Yokozuna Finance, a decentralized finance (DeFi) protocol powered by IOST, officially launches ZUNA tokens. Sumo-inspired gamed DeFi and non-fungible token (NFT) projects are already a hot topic in the IOST and DeFi communities and continue to break records in IOST’s decentralized application (DApp) ecosystem. increase.
With a total supply of 100 million tokens and a deflationary distribution model, this project will be offered to stackers at app.yokozuna.fi through a fair launch. It is developed and overseen by an experienced global team and an advisory board consisting of experts in technology, finance, sports, entertainment, media and academia and contributing experts. Yokozuna Finance’s mission is to educate and entertain IOST fans while promoting the sport of sumo to enthusiastic and non-traditional audiences around the world.
Yokozuna Finance is built on the IOST network for efficiency, ultra-fastness, and more or less non-existent transaction costs, and the journey of young wrestlers (sumo wrestlers) dreaming of becoming a yokozuna or grand champion. I can guide you.
At its core, many fascinating features of Yokozuna Finance are set to create a sensational and unparalleled experience for users. These features include double mining, automated market makers, decentralized autonomous organization (DAO) funds, deflation tokens, vaults, governance, cross-chain liquidity, NFT staking and GameFi.
The project’s early 2022 roadmap introduces auctions and secondary marketplaces, with the native token ZUNA acquiring sumo NFTs and related items to accessory and enhance performance, including improved user APY. Used only for sale.
When fully realized, qualified NFT holders will own and manage the Yokotsuna Finance DAO, which will be funded by the transaction from December 10th, and will then be learning-based, which will begin in the second quarter of next year. Followed by an innovative NFT system with revenue and gamification.
Ultimately, DAO fund owners vote to support DAO’s success by receiving handouts, as well as to support global sumo initiatives designed to expand the sport globally. To do.
Launch ZUNA token
Yokozuna Finance has outsourced third-party security to pass audit Beosin has launched its own website yokozuna.fi and DApp, app.yokozuna.fi.
Steak IOST (live) and win ZUNA
- IOST holders can bet IOST on a single token IOST vault that earns IOST rewards as if they were voting for IOST.
- When Yokozuna Finance launches the Token Generation Event (TGE), users will be pre-positioned to earn IOST and ZUNA and will be able to earn double mining rewards for IOST Single Token Vault.
- With the launch of Yokozuna Finance, a ZUNA single token vault and an additional liquidity pool will be introduced, allowing users to see some existing IOST project tokens to win ZUNA.
What’s next to Yokotsuza?
Yokozuna will focus on building the NFT platform and NFT system sumo gamification in early 2022. Cross-chain liquidity, NFT DAO governance and automated trading strategies are the long-term milestones the team is trying to achieve.
Click here for more information on the Yokozuna roadmap. Check the telegram for more information on yokozuna. twitter When Twitter in Japan..
IOST blockchain — the ideal home for DApps
For DeFi decentralized applications to compete well with traditional applications, the underlying network must be fast and perfectly aligned with the purpose of the DApp Launcher. Among its competitors, IOST — an enterprise-grade distributed ultra-fast network with a consensus algorithm for proof of reliability — builds a robust portfolio by providing developer-friendly features and environments. ..
The IOST platform has emerged as a response to scalability issues and aims to address this issue completely. IOST implements a range of technologies, including reliability proof algorithms and high-performance virtual machine technologies. All of these technologies are supposed to offer higher transaction rates per second, up to 8,000 transactions per second.
Since 2019, IOST has provided an overall DApp ecosystem with multiple strategic partnerships and new on-chain projects such as Stablecoin (HUSD, JPYA, USDA) and NFT Marketplace (Tokenlink, Revival). , Continues to enter the emerging DeFi and NFT spaces. And Lysine Fighting Collection) and the latest Yokozuna Finance.
As you can see in Ethereum and Javascript’s smart contract languages, the features for developers that do not incur congestion and high gas charges are the reasons why many developers choose to launch DeFi projects with IOST. Free transaction fees also guarantee convenience and accessibility for users to use applications on the IOST chain.
For more information on IOST twitter And middle page.
This is a paid press release. Cointelegraph does not guarantee, and is not responsible for, the content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any action related to the company. Cointelegraph will directly or indirectly with respect to any damage or loss caused or alleged to have been caused or associated with the use or trust of the content, goods or services described in the press release. We are not responsible.
