DeFi Platform Unveils Zapper Protocol and New Utility Token
While announcing the Zapper Protocol launch, the Zapper team has also revealed plans for its utility token.
1H
-0.05%$0.0000
24H
-4.05%$0.0001
7D
-25.6%$0.0011
30D
14.9%$0.0004
While announcing the Zapper Protocol launch, the Zapper team has also revealed plans for its utility token.
ZAP is an ERC20 token that serves as currency on Zap’s ecosystem. In order to create an oracle or make queries for data, both providers and subscribers must bond their ZAP, locking it up in an individual oracle. Zap’s objecve is to be disrupve, driving change in a wide range of global industries, including finance, insurance, real estate, and shipping. Zap will also find applicaons in dynamic new distributed applicaon protocols, providing new monezaon opportunies for individuals and emerging economies. Zap is well-posioned to be the premier provider of data for smart contracts, and stands to potenally moneze any device linked to the Internet of Things (IoT).
Some users call Avalanche the “Internet of Finance”. In essence, the platform serves as the meeting point of the traditional market and the decentralized applications.
Check out this guide to find everything you need to know about Aave – one of the most popular DeFi lending platforms.