Earn higher yields with CZodiac's suite of defi dapps.
In short, the CZodiac DeFi Bank generates revenue on the open market using stablecoin swaps and high-yield, but low-risk, yield aggregation. The profits are returned to the CZodiac Community in a vast ecosystem of rewards ranging from token staking & farming to high-liquidity token trading opportunities. The CZ DeFi Bank has become mostly a protected and automated process which endorses the exclusive framework of the FairTribe Initiative.
- Scorch Peg: Automatically pegs CZUSD to $1 by burning CZF. The peg deposits trading profits from holding the peg into vaults to earn interest. This interest is then used to burn CZF, reducing supply.
CZF is the protocol token for CZodiac. It is earned as rewards for participation in the CZodiac Ecosystem. It is staked as liquidity in farms and as an asset in pools earning various tokens. It is an inflationary token whose supply is set by a balance between minting and burning. The total supply of CZF is expected to never exceed 1-trillion and will likely stay far below this number.
CZUSD is a stabletoken. The peg is maintained by the Scorch Peg which trades the token back to $1 and uses the profits to reward the users of the CZodiac DeFi Bank.