ZenX Labs Is Accelerating Stablecomp

Published on: 14.11.2021

Stablecoins are now among DeFi’s most valuable assets. USDT with a market cap of 73.89B, is the fourth most used currency in the market. USD Coin (USDC) also makes the top 10 with its 34B value. It’s obvious that the stablecoin market is growing quickly, but the surrounding infrastructure is falling behind.

Stablecomp is a platform where users can stake multiple stablecoins from a single system. Stablecomp is the only comprehensive risk assessment for stablecoin staking, first to market with no competitors.

Stablecomp also makes it easy to stake and harvest rewards to earn compound interest by automating and pooling transactions to keep fees low and eliminate conversion steps for users. With minimal fees, users can store their coins on Stablecomp and receive interest. They also can withdraw the tokens anytime and convert the initially staked stable currency into another one.

Unizen is thrilled to support Stablecomp’s future, and welcome the team to ZenX Labs acceleration program. A secure, compliant, and multi-ledger stablecoin staking platform has the potential to bring more stability into crypto investment.

It’s a great way to introduce new adopters to the market, as well as cater to experienced investors and traders — by providing the way to continuously earn on non-volatile assets. The combination of great technology, innovative concept, and a very experienced team set Stablecomp and their native token, $SCOMP, apart from other staking applications.

$SCOMP tokens will be added to DMAS and can be claimed as rewards for staking $ZCX.

ABOUT Unizen
The Unizen Ecosystem is housing and aggregating trades across trusted first- and third-party exchange modules to enable a ZEN state of mind for traders. Unizen is currently powered by the below liquidity providers but is continously adding on more sources of liquidity.

ABOUT Stablecomp
Stablecomp makes it easy for users to assess opportunities to earn compound interest on their stablecoins, make allocations, and collect interest. Users can choose opportunities to stake stablecoins on multiple chains. The platform also provides risk assessment and reward data, allowing users a simple way to allocate their stable coins based on clear risk-reward criteria. All the yields are collected, added up, converted back into Stablecoin and reinvested for the user automatically.

RESOURCES
Medium

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