Singapore – 01/18/2023 – ZaynFi, a decentralized finance (DeFi) protocol focused on building simplified and inclusive DeFi products, has successfully secured a pre-seed strategic investment round for the first stablecoin yield enhancer on Binance Chain (BNB).
The round brings together key stakeholders well-established in the FinTech ecosystem and aligned with ZaynFi’s vision of simplifying DeFi yield farming for the masses.
Central to ZaynFi’s solution is creating an inclusive DeFi ecosystem that is user-friendly for first-time DeFi users and users who require Sharia compliance when interacting with DeFi. The protocol aims to provide users with an alternative place to earn above-average returns from their stablecoins.
The strategic funding round was led by Cur8 Capital, the London-based venture investment arm of Islamic Finance Guru and a leading global venture capital fund with a track record of investing in fast-growing technology companies.
ZaynFi aims to redefine the DeFi experience
ZaynFi was founded by a seasoned team of FinTech veterans and DeFi natives dedicated to simplifying the process of DeFi revenue generation that has often been clouded with complexity. This challenge has hampered the mass adoption of decentralized finance, which has been touted as the next financial frontier.
“We are here to help existing DeFi users and the crowd get into the world of DeFi and bring a new wave of liquidity to decentralized exchanges. This is achieved through ZaynFi’s end-to-end service, which takes care of liquidity pool selection, depositing into liquidity pools, LP token staking, and occasionally switching to better-performing liquidity pools.” – Syakir Hashim, Co-founder of ZaynFi.
What’s in the shop?
The ZaynFi team has spent the last few months building an MVP, with a private beta rolling out to stakeholders earlier this month. A public beta is scheduled to roll out next week exclusively for members of ZaynFi’s Telegram community, which counts more than 88,000 users.
Interested users can follow the ZaynFi Twitter page (@ZaynFinance) and the official Telegram group for the latest updates.
About ZaynFi
ZaynFi is the first stablecoin yield optimizer on BNB Chain, allowing users to access the world of DeFi in a simple, safe and comprehensive way. Focused on the key principle of simplicity and composability, ZaynFi aims to open the world of DeFi to the masses and enable first-time DeFi users to engage and consume DeFi products and services.
media contact
Company Name: ZaynFi
Interlocutor: Shakir H
E-mail: Send e-mail
Country: Singapore
Website: https://zayn.fi/
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