What is IZI
Tokens
1. What is izi?
Introduction to Izumi Finance (IZI) Tokens
Izumi Finance is a type of token that uses blockchain technology for transactions and record-keeping. Here are some basic details about Izumi Finance:
Blockchain Technology: Izumi Finance is based on blockchain technology, which is a decentralized database mechanism that allows for transparent information sharing within business networks.
Token Characteristics: As a type of token, Izumi Finance possesses features such as decentralization, immutability, and consensus, ensuring the security and transparency of transactions.
Application Scenarios: While specific application scenarios are not clearly defined in the provided information, in general, tokens can be used for online transactions, investments, and other financial activities.
Regulatory Environment: In some countries, including China, virtual currency transactions are strictly regulated or even banned.
Risks and Opportunities: The token market has high risks and high volatility; investors need to carefully assess the risks and potential rewards.
Overall, Izumi Finance is a token based on blockchain technology, characterized by decentralization and transparency, but it also presents risks and regulatory challenges.
2. Who founded izi?
According to the provided information, the iZUMi Finance (IZI) Tokens project was co-founded by Dima Sharenko in 2020.
3. Which venture capital firms invested in izi?
According to the provided information, the following venture capital firms invested in token-related projects:
- Libertus Capital: Invested $7.5 million in Sky Mavis, the parent company of the NFT game Axie Infinity (May 2021).
- Blocktower Capital: Participated in the $7.5 million investment in Sky Mavis (May 2021).
- Konvoy Ventures: Participated in the $7.5 million investment in Sky Mavis (May 2021).
- Collab Currency: Its members Derek Schloss and Stephen McKeon participated in the $7.5 million investment in Sky Mavis (May 2021).
- Mark Cuban: As the owner of the Dallas Mavericks, participated in the $7.5 million investment in Sky Mavis (May 2021).
These investments were primarily aimed at Sky Mavis, the parent company of the NFT game Axie Infinity.
4. How does izi work?
Izumi Finance (IZI) is a decentralized finance (DeFi) protocol that utilizes blockchain technology to provide a range of financial services centered around liquidity provision. Here’s an overview of how it works:
Liquidity as a Service (LaaS): Izumi Finance introduces the concept of LaaS, aiming to enhance the efficiency and effectiveness of liquidity provision across various blockchain networks.
Multi-layer Investment Model: The protocol employs a multi-layer investment model and USD-denominated convertible bonds (iUSD), allowing users to participate in liquidity farming by staking Uniswap V3 liquidity provider (LP) non-fungible tokens (NFTs).
LiquidBox Tool: Izumi Finance's LiquidBox tool is designed to optimize liquidity farming through the precise and efficient allocation of incentives within specific price ranges on Uniswap V3. This targeted approach improves the capital efficiency of liquidity providers and supports the protocol in a sustainable manner to attract and maintain liquidity.
Structured Incentives and Automatic Rebase Module: In response to the “Pool 2 Dilemma,” Izumi Finance offers structured incentives and an automatic rebase module designed to attract significant liquidity at lower issuance rates, while also allowing liquidity providers to farm without the risk of impermanent loss.
Expansion Plans: Izumi Finance plans to extend its LaaS offerings beyond Ethereum and Uniswap V3, introducing decentralized liquidity automated market maker (AMM) services across multiple blockchain networks through iZiSwap, and facilitating fast, decentralized, and cost-effective cross-chain transactions via the C-AMM bridge.
In summary, Izumi Finance aims to innovate liquidity provision within the blockchain ecosystem through its tools and services, such as LiquidBox, iZiSwap, and the C-AMM bridge.
