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CZZ will join Lights.finance on 4 October 2020, at 22:04.
What is Lights.finance?
Lights.finance is the world’s first liquid financial distribution platform, a DeFi distribution platform that integrates decentralized exchanges, decentralized lending, SAAS finance, and decentralized projects.
This is an important milestone in the DeFi industry. Lights.finance will empower the DeFi ecosystem with greater financial liquidity and lay the most solid traffic foundation for the development of the DeFi industry.
At present, the liquidity of the entire DeFi ecosystem is still in the early stages of development. The current market liquidity is about 30 billion U.S. dollars, and the explosion of the industry requires greater financial support. Whether it is DeFi exchanges, lending, or projects, financial liquidity is needed to support it. If there is no financial liquidity, all DeFi projects will have no value. Therefore Lights.finance came to help the entire industry with its liquidity solutions.
CZZ to mine LIGHT
LIGHT is the only equity certificate on the Lights.finance platform and the only governance certificate and value transmission medium for the entire Lights.finance ecosystem. The total amount is 42,000, 0 private placement, 0 pre-mining, 0 team reserved, 100% generated by market mining, 0.37 LIGHTs are generated per block in the first week, and then 50% per week. This is a distribution ecology with complete community autonomy. The liquidity provider comes from the community, and the use of liquidity will also be decided by the community through LIGHT voting.
It is reported that Lights.finance has created the world’s first dual mining experience combining the main area and the innovation area: the main area is for mainstream assets and stable currency assets; the innovation area is for digital asset market transformation DeFi high-quality projects and new DeFi market projects. Focusing on the traffic market, through mining in the innovation zone, all traditional ICO projects can be transformed through Lights.finance, and new DeFi projects can be developed on the Lights.finance platform.
It is confirmed that CZZ will be the first batch to enter the Lights.finance innovation zone, and LP mining of ETH/CZZ. This will start on 4 October 2020, at 22:04.
Value of LIGHT
The value of LIGHT is not only that, but 100% of Lights.finance’s income (currency fee, mining pool creation fee, liquidity financial income, handling fee) will be used to repurchase the market LIGHT and be destroyed until the total amount of destruction remaining 21,000 until. The quantity is scarce, extreme deflation, and value can be expected.
The DeFi revolution has just begun. Lights.finance has 0 private equity, 0 pre-mining, and 0 technical mining rewards, which truly returns the rights to the community and is completely decentralized.
Embrace DeFi actively
The core function of the CZZ network is to realize large-scale decentralized asset transactions, so CZZ attaches great importance to cross-chain technology. In early December 2019, the first mainnet upgrade was completed, and now the one-way cross-chain transaction between CZZ and Doge/LTC has been successfully implemented. It is expected that in Q2 of 2020, CZZ and BTC, USDT-Omni, ETH, USDT-ERC20, BCH, BSV trading pairs, as well as two-way decentralized transactions with all the above currencies will be realized. At the end of November 2020, it is expected that CZZ will launch the cross-chain of TRC20 and ERC20.
CZZ is a decentralized financial infrastructure public chain. 90 special consensus addresses (lighthouse addresses) will be provided on the chain and the lighthouse addresses will be provided to merchants for cross-chain transactions of decentralized mainstream tokens. Features. The lighthouse address provides application registration for exchanges, wallets, OTC, and communities. Tokens that are non-mainstream and have a zero-cost block generation solution will also provide a matching cross-chain basis.