Generalize
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Introduction: Izumi Finance offers Programmable Liquidity as a Service (LaaS) initially on Ethereum using Uniswap V3. The liquidity service will later expand to multiple chains with a built-in DEX. This service allows liquidity providers to earn additional rewards from liquidity mining and trading fees on Uniswap V3. It also helps protocols attract liquidity in an efficient and sustainable manner. Izumi enhances incentive efficiency through its LiquidBox feature, which enables protocols to distribute rewards within specific price ranges. Liquidity providers can earn more trading fees while enjoying capital efficiency and additional incentives from related protocols. For example, stablecoin pools only pay out rewards within a narrow price range (0.99, 1.01). Izumi solves the "pool 2 dilemma" by providing structured incentives and auto-rebased modules. This attracts more liquidity with a low emission rate for protocols and enables non-impermanent loss liquidity mining for providers. The Liquidity as a Service (LaaS) roadmap includes: a) LaaS on Uniswap V3: LiquidBox, b) Discretized liquidity AMM on multi-chains: iZiSwap, and c) Concentrated liquidity service on bridge: C-AMM Bridge. The goal is to provide programmable liquidity mining tools, support limit orders, enhance capital efficiency, and ensure fast, decentralized, and low-cost cross-chain transactions with guaranteed safety.
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What Is iZUMi Finance (IZI) Crypto?
iZUMi Finance is a decentralized finance (DeFi) protocol that offers One-Stop Liquidity as a Service (LaaS) on multiple blockchains. Its goal is to provide efficient and long-lasting on-chain liquidity for every token.
The protocols name is inspired by the Japanese word iZUMi. It aligns with the projects aim to help every token enjoy on-chain liquidity in a continuous and long-lasting manner. The iZUMi Finance ecosystem comprises three on-chain liquidity products - LiquidBox, iZiSwap, and iUSD.
iZUMi is committed to the ongoing growth of the multi-chain ecosystem, with plans to enable cross-chain liquidity trading mechanisms ultimately. By providing comprehensive liquidity services to the multi-chain environment, iZUMi aims to become a highly efficient, one-stop liquidity service platform within the DeFi industry.
IZI is the utility token of the iZUMi Finance platform and is primarily used to pay for cross-chain trading fees, incentive pool set-up, and other tools' usage. Users can also stake IZI to acquire veIZI, the platforms governance token, and participate in its decentralized governance process.
How Does iZUMi Finance Work?
iZUMi Finances multi-chain DeFi protocol provides One-Stop Liquidity as a Service(LaaS). The developers behind the project believe that every token deserves better on-chain liquidity in an efficient and lasting way. It supports on-chain liquidity with the following products:
LiquidBox
LiquidBox offers a non-custodial solution for programmable liquidity mining on Uniswap V3 and iZiSwap. Initially providing Liquidity as a Service (LaaS) on Ethereum in conjunction with Uniswap V3, LiquidBox has successfully expanded its reach to other Ethereum Layer 2 ecosystems, including Arbitrum and Polygon, following the deployment of Uniswap V3 in these networks.
iZiSwap
iZiSwap is a next-generation decentralized exchange (DEX) on the BNB Chain, designed to optimize capital efficiency through the innovative Discretized-Liquidity-AMM (DL-AMM) model. This model, an upgrade from Uniswap V3's concentrated liquidity approach, implements an AMM mechanism that supports discrete liquidity on every price tick.
iUSD
iZUMi Finance has pioneered the first liquidity-mining-based bond with no impermanent loss for LP farming, fully collateralized by iZUMi Finance. Successfully issuing both iZUMi Bond USD (iUSD) and iZUMi Bond, the platform supports Bond Farming, which offers stable fixed income to on-chain investors. This high-yield fixed-income investment product caters to users by integrating the traditional finance product model of convertible bonds, granting iZUMi Bond investors the option to convert their holdings into iZi tokens.
History of iZUMi Finance
As of April 2023, iZUMi Finance has raised significant funding over multiple rounds. Its seed round in November 2021 helped the project raise $2.1 million in funding from nine investors and was led by Miranda Ventures.
The second fundraising round, Series A, took place in December 2021. Fifteen investors participated in this round, helping iZUMi Finances team raise $3.5 million in funding.
In May 2022, iZUMi Finance raised $30 million to expand its ecosystem. Investors who participated in this round include IV Ventures, Cobo Wallet, and Mirana.
The most recently concluded round in April 2023 was the Venture Round. Four investors participated in this fundraising round, helping iZUMi Finance raise $22 million.
Answers
Is iZUMi Finance a Good Investment?
IZI could be an interesting addition to your crypto portfolio, especially if you wish to diversify into the markets decentralized finance (DeFi) sector. As the native token of a multi-chain DeFi protocol, several factors support iZUMi Finances growth as an investment opportunity.
As the interest in DeFi projects and platforms increases within the crypto sphere, iZUMi Finance may experience heightened adoption among cryptocurrency traders seeking to capitalize on the advantages of decentralization and blockchain technology regarding trading costs and efficiency. The IZI price could rise in this scenario as the platform draws more users to register for its services.
The value of IZI cryptocurrency may also increase as the on-chain activity on the iZUMi Finance platform grows. As more investors join and utilize its cross-chain DeFi products for trading digital assets, the transaction surge could make its native digital token an even more attractive investment.
What Is iZUMi Finance Price Prediction?
While it is not feasible to provide an exact IZI crypto price prediction for any given period, various fundamental factors can offer insights into the potential price movements of the iZUMi Finance token. These factors include:
Level of Activity
The iZUMi Finance price may rise as more users register to stake their tokens on the protocol. The heightened on-chain activity enhances the value of IZI token, making it a more appealing asset to purchase and hold.
Future Developments
As developers reveal additional integrations and extend into new blockchain ecosystems, the IZI token value could increase. This cross-chain expansion may attract more liquidity, further supporting the IZI to USD price in the market.
Market Outlook
Market sentiment plays a significant role in influencing the IZI price action. A bullish or risk-on atmosphere boosts investor confidence in digital assets and DeFi, contributing to a higher iZUMi Finance price. Conversely, a bearish or risk-off mood among investors may lead to sell-offs, putting downward pressure on the $IZI price.
What Is IZI Token Used For?
$IZI, an ERC-20 token on the Ethereum network, is the native crypto asset of the iZUMi Finance ecosystem and has the following use cases:
Native Currency
IZI tokens are used to pay for cross-chain trading fees, incentive pool set-up, and other tools on the platform. As the native currency, paying transaction fees is one of the most critical use cases for the IZI crypto.
Staking
IZI holders can stake their tokens to get veIZI, iZUMi Finances governance token. By staking, they can enjoy several benefits on the platform and vote on critical proposals that shape the future evolution of iZUMi Finance.
Crypto Asset to Trade and HODL
Trade iZUMi Finance crypto based on fluctuating market conditions and volatility by buying or selling IZI against other digital assets. You can also hold $IZI long-term if you have faith in the future potential of iZUMi Finance. We recommend you DYOR before making any investment decision and entering trades in the crypto market.
How to Stake IZI Token on iZUMi Finance
You can stake IZI by locking up the tokens on the iZUMi Finance protocol to receive veIZI and participate in the decentralized governance mechanism. Heres how to do this:
1. Head to the iZUMi Finance dApp and connect your wallet to it.
2. Ensure your wallet is sufficiently funded by buying IZI on BYDFi or other supported platforms and withdrawing your tokens to your wallet.
3. Click the Locker option under the veIZI tab of the iZUMi Finance application.
4. Scroll down to the My veiZi NFT section on the page. Enter the number of IZI tokens you wish to lock.
5. Review the number of veIZI tokens you can receive and click Lock to confirm the transaction.
How Many IZI Tokens Are There?
According to the iZUMi Finance tokenomics, the total supply of IZI is fixed at 2 billion. Of these, the circulating supply of $IZI as of April 2023 is just over 166 million.
The token distribution is as follows:
1. 55% of the IZI supply was assigned to the ecosystem, including liquidity mining.
2. 18% of the tokens went to the project team.
3. 15% was allotted to the private round.
4. 10% was issued for partnership activities.
5. 1% of IZI tokens were issued via airdrops.
6. 1% was kept for IDO/IEO purposes.
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