The Good Tech Companies - Zyfi Announces The Launch Of Their Public Sale For All Native Account Abstraction Believers

Episode Date: October 23, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/zyfi-announces-the-launch-of-their-public-sale-for-all-native-account-abstraction-believers. Zyfi's platform is designed to simplify on-chain transactions by leveraging Paymaster and Intent technologies powered by ZKsync. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #zyfi, #chainwire, #press-release, #zyfi-announcement, #crypto-funding, #blockchain-development, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Zyfi, a blockchain-based platform delivering enhanced on-chain experiences, has announced the launch of its public community sale. This follows a $350,000 sale for whitelisted users. The public sale represents the final opportunity for early participants to acquire Zyfi tokens ahead of the platform's upcoming Token Generation Event.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. ZyFi announces the launch of their public sale for all native account abstraction believers by Chainwire. Geneva, Switzerland, October 23, 2024, Chainwire, ZyFi, a blockchain-based platform delivering enhanced on-chain experiences, has announced the launch of its public community sale, offering $150,000 worth of ZFI tokens. This follows a $350,000 sale for whitelisted users. The public sale represents the final opportunity for early participants to acquire Zifi tokens ahead of the platform's upcoming token generation event. TGE, Zifi's platform is designed to simplify on-chain transactions

by leveraging Paymaster and Intent technologies powered by ZK-SYNC. The company has for-med partnerships with established platforms including Venus, SyncSwap, PancakeSwap, and Koi Finance, serving as their official Paymaster. These collaborations enable gas-free transactions and the flexibility to pay gas fees using any token, supporting both externally owned accounts, EOAs, and smart wallets. Zify has already processed over 1.7M transactions for more than 230,000 users on ZK-SYNC and has deployed its smart contracts on three other chains. Kronos ZKEVM, Abstract, backed by Pudgy Penguins, and PlayFI. Powered by an API that streamlines protocol complexities, Zify's approach simplifies user experiences and democratizes access,

enabling broader on-chain engagement without the hassle of managing ETH for gas. On October 8, Zify revealed a checker to participate in their community sale to purchase their ZFI token. The community sale is divided their ZFI token. The community sale is divided into two main phases. A whitelist phase, offering first access to Zifi's partners and community, followed by a public phase open to everyone. The whitelist phase presents various advantages, such as the opportunity to invest 48 hours before the public sale and receive a 10% cashback in ZK on the investment amount, e.g., $10,000 invested equals $1,000 worth in ZK. The public phase is now open to anyone who

believes in Zify's vision of building the best on-chain experiences leveraging Paymasters and Intents, with the Samaderms as the whitelist phase but without the ZK reward. The checker is now live, allowing users to determine which sale event they can participate in, providing advantages for whitelisted users while giving everyone the opportunity to invest. The ZFI token is a utility token that can be used to pay gas fees on the Zifi platform and Zifi's integration partners. Holders who choose to pay gas fees with ZFI benefit from a direct 20% discount on the total gas cost, making transactions more cost-effective. Additionally, ZFI is the only way to acquire STZFI,

the governance token of the Zifi DAO. By holding and staking ZFI tokens, users can participate in Zifi governance, with 33% of the total supply under their control, influencing key decisions such as fee activation, reward allocation, and grant distribution. Stakers will also earn an APY in XIFI staking points based on their staked amount. Users can join XIFI here. About XIFI XIFI is dedicated to enhancing on-chain experiences by utilizing technologies such as Paymaster and Intents. Through these

innovations, Xiphi aims to streamline transaction processes and broaden accessibility for users within the digital asset space. Documentation. zify.org slash closing parenthesis dap https colon slash slash https colon slash slash zify.org telegram https colon slash slash https colon slash slash t.me slash join chat slash 3-fad 9 p.m. e 9 woodle closing parenthesis twitter discord contact Godier Villavila at zify.org. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.