After Avalanche (AVAX) and Chainlink (LINK): Will Sanzooz Finance (SZFT) Follow Suite?

Sanzooz Finance, SZFT,  Avalanche, AVAX, Chainlink, LINK, Decentralised, Blockchain.

One thing that makes the crypto world interesting is its ever-changing dynamics. Daily research, development and the constant need for improvisation make it one of the most sought-after industries in the world.

Amongst the top 25 protocols that have made their mark in the cryptocurrency market are Avalanche (AVAX) and Chainlink (LINK). With a new entrant in the market, Sanzooz Finance (SZFT) takes the concept of a decentralised exchange to a new level.

Avalanche (AVAX) 

AVA labs launched Avalanche in September 2020 with a vision to deliver scalability, decentralisation, and security while focusing on fast transactions and lower costs. In addition to this, AVAX also focuses on eco-friendliness, which at times like this, is of utmost importance.

What makes Avalanche stand out compared to Ethereum is its speed. Being able to process approximately 65,000 transactions per second is significantly faster than Ethereum. 

Avalanche’s uniqueness also lies in its ability to tackle issues like scalability and low fees. It has a sub-second transaction time in terms of scalability. As far as low fees are concerned, Avalanche gives stiff competition to Ethereum regarding gas fees.

AVAX has proven itself to be a champion as far as other cryptocurrencies are concerned.

Chainlink is a decentralised oracle service. It focuses on making smart contracts more powerful by gathering data inputs from outside sources. 

Setting itself apart by being a pioneer in enabling off-chain data to be integrated with existing smart contracts, it has thus built a reputation and supports high-profile players in the blockchain

Even though its ecosystem is built around the LINK token, it claims to support all major smart contract chains. 

Chainlink has become an indispensable oracle network providing blockchains like Ethereum and the Binance ecosystem with real-time information. 

With a partner like Google, the future of Chainlink looks promising and is on track to provide the world with its ground-breaking innovations in the field of blockchain.

Sanzooz Finance (SZFT)

Sanzooz Finance (SZFT)

Sanzooz Finance is an Ethereum-based protocol for decentralised asset issuance. It seeks to facilitate the trading of artificial fiat currencies, commodities and cryptocurrencies. 

Since Sanzooz Finance is still in its nascent stage, with the help of auditors and consulting experts, it is trying to overcome the challenges smart contracts face from outside breaches. Additionally, it has devised a risk mitigation strategy to safeguard investors’ funds. 

SZFT holders are rewarded for staking their tokens and minting their synthetic assets. Exchange incentives are generated when one asset is exchanged with another on the Sanzooz Finance exchange. 

Sanzooz Finance seeks to mitigate risk and increase project viability by transitioning to a decentralised governance process.

Should You Invest?

The tokens discussed above indicate the diversification you should have in your portfolio to maximise your investments. 

Even though Avalanche and Chainlink are regularly coming up with developments to maintain their stance in the market, the new entrant Sanzooz Finance highlights points that still need to be taken care of. 

Sanzooz Finance looks forward to revolutionising the existing DeFi market, focusing on giving its stakeholder maximum returns. With this, it should surely make its way into your portfolio to maximise the benefits of diversification.

Sanzooz Finance: 




Sanzooz Finance, After Avalanche (AVAX) and Chainlink (LINK): Will Sanzooz Finance (SZFT) Follow Suite?

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