Original link:
https://www.grenade.tw/blog/anzen-finance-usdz-airdrop/
Today, with the rapid advancement of blockchain technology, physical asset tokenization RWA has become an important bridge connecting traditional finance and decentralized finance.
Anzen Finance, a pioneering project in the RWA space, is leading this financial revolution with its innovative USDz stablecoin. This article will provide an in-depth exploration of Anzen Finance’s core concepts, operating mechanisms, and step-by-step instructional demonstrations of user operations.
What is Anzen Finance?
The origin of RWA and Anzen Finance
RWA represents the process of tokenizing physical world assets, such as real estate, art, or private equity, through blockchain technology. This innovation enables assets with low liquidity to be freely traded on decentralized platforms, opening up new investment channels for investors.
Anzen Finance has spotted the huge potential of RWA and is committed to combining the stability of physical assets with the flexibility of cryptocurrency. By tokenizing carefully selected private credit assets, Anzen has created a unique stablecoin, USDz, providing users with an excellent opportunity to enjoy traditional financial stability while participating in DeFi innovation.
Further reading: What are RWA assets?
Anzen Finance financing situation
As the first RWA project on the Base network, Anzen Finance has gained favor from well-known institutions including Mechanism Capital, Circle Ventures, Frax, Arca and other well-known institutions, and successfully raised US$4 million in seed round financing. This not only proves the market’s recognition of Anzen’s concept, but also provides strong support for the continued development of the project.
Extended reading: RWA stablecoin issuer Anzen Finance completed US$4 million in seed financing, ushering in a new era of digital dollar USDz
Anzen Finance Core: USDz Token
USDz is the core of the Anzen Finance ecosystem. It is a stablecoin backed by physical assets and is fundamentally different from traditional fiat currency stablecoins (such as USDC or USDT).
Each USDz is collateralized by a strictly audited private credit asset portfolio, ensuring the stability of its intrinsic value and providing value for USDz on the chain.
Key features of USDz include:
Stability: Supported by a diversified portfolio of real assets, reducing the risk of a single asset.
Profitability: Users can obtain stable income by staking USDz.
Composability: Can be seamlessly integrated into various DeFi protocols.
Transparency: All minting and redemption operations are recorded on the chain, and users can view the reserve status at any time.
Sources of income for USDz
Private credit assets: These assets typically generate stable interest income.
Securitization structures: These financial products also provide ongoing cash flow.
Market operations: Anzen Finance may obtain additional income by managing these assets.
Users can share in these earnings by staking USDz, providing liquidity, or participating in other DeFi protocols.
Possibility of USDz decoupling
Although USDz has designed multiple mechanisms to maintain stability, there is still a risk of decoupling. The factors that may lead to decoupling are as follows:
Asset quality declines
Liquidity pressure caused by large-scale redemptions
Market confidence shakes
changes in the regulatory environment
While USDz is more secure than purely algorithmic stablecoins, it is still slightly riskier than fully fiat-backed stablecoins. Investors are advised to diversify their investments appropriately to manage risks.
How to operate Anzen Finance to obtain stable income
According to official news, Season 1 is expected to end in November or December this year, and TGE will also start in the fourth quarter. There is still enough time for users to obtain point rewards.
Anzen Finance is currently still in the beta version, and users currently need to use a registration code to open the operation interface.
Grenade exclusive registration code: 8T7BNZ
Step 1: Visit Anzen Finance official website
Step 2: Connect your Web3 wallet (such as MetaMask)
Step 3: Enter referral code
Game 1: Stable income pledge flow
The current annualized return for staking USDz is about 22% (varies with time). If the user just wants to obtain stable income, it is recommended to use this method. The following are the detailed steps:
Notice! USDz currently only opens the Ethereum main network for staking. If you want to "stake to earn income", please use the "Ethereum network"; if you "want to redeem Anzen points", you can choose other networks such as "Base"
Step 1: Connect wallet and select ETH network
Step 2: Transfer USDC to the network
Step 3: Enter the amount of USDz you wish to purchase
Users can also use decentralized exchanges such as Uniswap to purchase
Step 4: Stake USDz
USDz pledged to buy become sUSDz.
It should be noted that if the pledged TVL fluctuates greatly in a short period of time, USDz/sUSDz will have a greater risk of exchange rate fluctuations.
After staking is completed, users can view the relevant income in History
How to play 2: Use DeFi to earn z-points and airdrop points
z-points is a unique points system designed by Anzen Finance to encourage users to actively participate in ecosystem construction. These points not only reflect user activity, but may also be converted into actual economic value in the future.
Users can use USDz to perform DeFi operations and obtain points rewards with high multiples. The highest multiple is "up to 50 times", such as users adding liquidity pools, borrowing, etc. Points for projects on different networks are also different. Currently, the main points are Supports designated DeFi projects on Ethereum, Base, Blast and Manta networks.
Taking the Base network as an example, it is currently recommended to participate in Aerodrome or Extrafi
However, it should be noted that liquidity mining involves impermanent losses, and users need to consider the risks themselves.
Users can view relevant points in the Dashboard interface
Supplement: sUSDz cross-chain
Since USDz staking is only open on the Ethereum mainnet, if you need to use sUSDz for DeFi operations on networks such as Base, you need to use the cross-chain bridge service to transfer assets.
Is Anzen Finance safe?
Smart contract audit
In order to ensure the security and reliability of USDz, Anzen Finance has taken multiple protective measures. First, all relevant smart contracts have been rigorously scrutinized by the industry’s top security auditing firms, including Zellic, Peckshield, and Halborn. These audits not only ensure the security of the contract code, but also improve the attack resistance of the entire system.
Asset mortgage mechanism
The value stability of USDz mainly comes from the asset mortgage mechanism behind it. Anzen chose Percent, a licensed and reputable partner.
With a track record of over $1 billion in private credit transactions and a management team with industry experience at institutions including BlackRock, UBS, Goldman Sachs and JPMorgan Chase, Percent has structured and serviced over $17 billion in credit transactions. Earnings from its credit portfolio provide a sustainable income stream that rewards on-chain USDz holders.
Anzen also uses the following strategies to ensure the quality and diversity of collateral:
Geographic concentration: All assets are based in the U.S. market, reducing risks from international economic fluctuations.
Diversification: There is an upper limit (15%) on the concentration of a single asset, ensuring a balanced investment portfolio.
Asset Quality: Selecting only asset-backed securities (ABS) structures provides investors with additional security.
Each USDz is backed by a 1:1 ratio of SPCT (Secured Private Credit Token), a permissioned token that represents a tokenized physical asset.
risk management measures
Anzen Finance is well aware of the challenges in the stablecoin market and has therefore adopted a series of risk management measures:
Market risk: Reduce the impact of single market fluctuations through a diversified asset portfolio.
Liquidity risk: Cooperate with well-known market makers to ensure the liquidity of USDz on major decentralized exchanges.
Regulatory risks: Strictly comply with relevant regulations and maintain active communication with regulatory agencies.
Technical risks: Conduct regular security audits and system upgrades to promptly repair potential vulnerabilities.
What’s next for Anzen Finance?
Continue to expand partners
Deployed on the Arbitrum network to work with large DeFi protocols
Season 1 airdrop will end in November or December
TGE is expected to occur in the fourth quarter of this year
Summarize
Anzen Finance has successfully combined the stability of real assets with the flexibility of DeFi through its innovative USDz stablecoin, bringing a refreshing wave to the cryptocurrency market. As the project continues to develop and the ecosystem expands, we can expect:
The inclusion of more physical asset types will further enrich the value support of USDz.
In-depth cooperation with traditional financial institutions promotes the widespread application of RWA in the DeFi field.
Further improvement of the cross-chain ecosystem will enable truly seamless asset circulation.
Innovative governance model allows the community to participate more deeply in the development of the project.
The emergence of Anzen Finance not only provides investors with a stable and efficient investment tool, but also provides a feasible example for the integration of traditional finance and decentralized finance. As the RWA market continues to mature, Anzen Finance is expected to become an important bridge connecting the two worlds, bringing revolutionary changes to the entire financial ecosystem.