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This service reached its peak earlier this year with a large influx of people, leading to the conjestion of the Ethereum blockchain network and a very high and sharp increase of transaction fees.***\n\n![1_jXV74vKUdmgD0dY8fW2oMQ.png](https://cdn.steemitimages.com/DQmRRKDLCR7KoJrDQMU2GyQtJXbqJozVSRT14Lf7eMTGHGd/1_jXV74vKUdmgD0dY8fW2oMQ.png)\n\n***This is where [Narwhalswap Protocol](http://narwhalswap.org)  brings about the DeFi services on the Binance Smart Chain to ensure its sustainability. The reasons the Binance Smart Chain was used were simple; it's Faster, Cheaper and can be used anywhere and anytime.***\n\n## Introducing the Narwhalswap Protocol, DeFi on the Binance Smart Chain\n \n[Narwhalswap Protocol](http://narwhalswap.org) is an Automated Market Maker, also known as AMM, and it's a protocol that allows its users to simply trade one BEP-20 token for another via liquidity pools. Most of the liquidity gotten on this DEX are from those who participate in the processes of Yield Farming on the platform which in turn are being rewarded in the form of crypto. \n\n![image (1).png](https://cdn.steemitimages.com/DQmPhQA5CoA9hpAecxP7CWhD8WxwEJ3YtgAkJQeWag5qauz/image%20(1).png)\n\nA unique feature of the [Narwhalswap Protocol](http://narwhalswap.org) is that its liquidity mining can allow for the staking of other BSC project tokens on the platform and incentivizing the user's with the NAR tokens. As such, it will allow for the development of BSC projects as well as creating a sustainable and creative ecosystem for other incoming BSC projects. The Liquidity Mining pools for farming the NAR token were launched in September and they include the following;\n\n* *NAR/BNB Liquidity Pool*\n* *BUSD/BNB Liquidity Pool*\n* *USDT/BNB Liquidity Pool*\n* *DAI/BNB Liquidity Pool*\n\nMore Liquidity Pools will be added in the future and that can be determined by its NAR Holders with the use of its on-chain governance. \n\n![image (2).png](https://cdn.steemitimages.com/DQmXqG2FZHy1WBB3Mz1CmNygHXdr1rB2yPJ9Aw3ewha7Hgo/image%20(2).png)\n\n### The Narwhal Protocol Tokens (NAR) \nThe NAR tokens are the backbone of the Narwhal ecosystem and its a governance and equity BEP-20 token based in the BSC blockchain. It has a total supply of 21,000,000 NAR and the presale of 7.5% of  these tokens were completed on 12th October, 2020. \nThe NAR tokens is being used for incentivizing Liquidity Pool Providers, and holders of this tokens can take part in the decisions making process of the platform as well as receiving dividends.\n\n### Other Treasures of the Narwhal Protocol; GEM and the GOLD tokens \nThese new tokens were released by the Narwhal Protocol and they play a higher role in the further development the platform.\n\n* *The GEM tokens are gotten from staking of the NAR tokens, and it's total supply is totally dependent on the total supply of NAR.*\n\n* *The GOLD tokens are gotten from the staking of the GEM tokens and only about 576 GOLD are distributed daily.*\n\n### The Runes of NAR: NFT features of the Narwhalswap \nNFT, also known as NON Fungible Tokens are gaining a very mass popularity this days. They are a unique, rare and non mutually interchangeable type of token. They are used in the gaming industry, art, collectible transactions and many others. The Narwhal Protocol NFT tokens are unique in the manner that it offers utility as well as collectibility. This means that it has an important function in the platform as well as it can be traded among the users. Currently, the platform plans to release its NFT in phases and only Phase 1 is available. \n\n![IMG_20201125_171408.jpg](https://cdn.steemitimages.com/DQmaFa3mUC4VXhQNHM1Ju8kUCmHmjt9Lvy25pnuZ1Tp8A3r/IMG_20201125_171408.jpg)\n\nThe current Phase 1 NFTs or Runes are the **\"Potion\"** Rune and the **\"Rank\"** Rune and they can only be gotten randomly from the Gacha Machine which makes use of the GOLD tokens. \n\nThe **NAR Bazaar** is the NFT marketplace of the [Narwhalswap Protocol](http://narwhalswap.org) Protocol and users can auction their NFTs acquired. The accepted form of currency here is either in the form of BNB or the NAR tokens. \n\n## Final Thoughts on the Narwhalswap Protocol \nDeFi gives us a new system which is very revolutionary and innovative. Narwhalswap Protocol is one of the DeFi ecosystem with Innovative Features which provides on the Binance Smart Chain with more benefits for its users. Narwhalswap Protocol acts also as a stepping stone for current and incoming DeFi Projects on the Binance Smart Chain. It showed a great potential, especially with the introduction of its NFTs, the RUNE of NAR. \n\n***Thus, this is a very Amazing and Unique DeFi Platform on the Binance Smart Chain and I see it making a lot of wonders in future.***\n\nI think it's enough for now, Don't forget to follow & upvote for more content about this amazing project, here is some links related to Narwhalswap Protocol below for further research. Thank you very much!\n\n</div> \n\n<center>\n**Website: http://narwhalswap.org/**\n**Telegram: https://t.me/narwhalswap**\n**Twitter: https://twitter.com/narwhalswap**\n**Medium: https://medium.com/narwhalswap**\n**Github: https://github.com/narwhalswap**\n\n#### Authored by Hamzeto\n**Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=1189991**\n**Bitcointalk Proof of Authentication: https://bitcointalk.org/index.php?topic=5279517.msg55667588#msg55667588**\n\n![02-c.gif](https://cdn.steemitimages.com/DQmc8yviUiSxfyoxr2Hiq7W5HcV2ytbSck6fdFkomrJ2PfH/02-c.gif)\n</center>",
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      "title": "Zac Finance; One of the best and Unique DeFi Platform in the Blockchain World",
      "body": "<div class=\"text-justify\">\n\n***Blockchain technology has been one of the greatest technology invented that's still evolving at a very fast pace. In the year 2020, with the introduction of Decentralized Finance, it has brought about the concept of the traditional financial methods to the blockchain technology and its growing at a very high rate. With DeFi, users can perform basic financial transactions such as staking, borrowing, lending as well as trading on the blockchain space with so much decentralization, transparency and as well as cost efficiency. This can be performed by any user with a crypto-wallet as well as an internet connection.***\n\n![20201119_035249.jpg](https://cdn.steemitimages.com/DQmRfguKp8CUQzd1ecVENTsksUCTJ5FMAJicmum9SmCuK59/20201119_035249.jpg)\n\nOne of the most interesting concept that emerged as a result of DeFi is yield farming. Yield farming is an innovative way for users to earn cryptocurrency as a reward for their cryptocurrency holding, by utilizing a permissionless liquidity protocol. Although there numerous  platforms that offer Yield Farming but finding the right platform is the key to a maximum yield. One amazing platform that guarantees the best yield farming is the **Zac Finance**. \n\n## Zac Finance, a Unique DeFi Platform\nThere is a great number of DeFi platforms out there, but one of the most unique is Zac Finance. It offers a number of Decentralized Finance services all on a single platform, and it has an amazing user friendly interface that can be used by a cryptocurrency user of any experience levels. The platform is fully decentralized, secure and transparent with features that aims to bring about the mass adoption of DeFi services into our daily lives. \n\n### Components of the Zac Finance \nZac Finance offers a variety of DeFi features and services which include \n\n![20201119_035232.jpg](https://cdn.steemitimages.com/DQmesUmj8J1FBtUahkgLhGMZg5o3rABf1RxGAmugnEHNNUF/20201119_035232.jpg)\n\n* **Z-Farm** - with the Z-Farm, users can earn more cryptocurrency by providing liquidity. This is also known as liquidity mining and users can get the ZAC tokens as rewards for contributing to the liquidity pools on the platform. \n\n![20201119_035228.jpg](https://cdn.steemitimages.com/DQmU8ko2RTgeKhGD9dRHPxm23MtF4yuQs3UWZZ5hWtdfKj2/20201119_035228.jpg)\n\n* **Z-Stake** - *this is similar to the Z-Farm, but differs in the sense that users simply store and lock their crypto-holdings in a non-custodial wallet on the platform to contribute to the consensus process of the platform. They also get rewarded in ZAC tokens.*\n\n* **Z-Trade** - *This is where users can borrow as well as trade stablecoins as well as other crypto assets on the platform and with its usage, users are guaranteed a high degree of profits with low transactions fees.*\n\n* **Z-Swap** - *this is very similar to the conventional Uniswap that we know and it allows for the direct, swift and effective swapping of tokens on the platform. It's fully automated, decentralized and it's an open source market maker. One amazing feature it is that it makes use of no transaction fees*. \n\n* **Z-Vault** - *this ensures that a user's funds are usually secured and are assigned to the optimal performing trading assets in real time. This is made possible with its state of the art automated yield farming, that shifts funds to the next performing asset when the current asset begins to fail. Hence it offers the best yield to its users.*\n\n* **Z-Vote** - *this feature enables its community to have a right to on-chain voting or governance. This will enable its users the right to participate in the decisions making process on the platform by voting through the protocol.*\n\n![IMG_20201119_035415.jpg](https://cdn.steemitimages.com/DQmPzwHRBreB5QR2bjcCt4hZz4MeGUcoirtPurkkGaqCJVB/IMG_20201119_035415.jpg)\n\n### Features that distinguish Zac Finance from other similar DeFi platforms \n* it offers a very user-friendly and simple interface that can be utilized by any user, and it's very rich and offers a very great user experience. \n* It offers a variety of DeFi services withing a single interface. \n* It makes use of a very low transactions fees and especially no fees when using the Z-Swap. \n* It offers its users a decentralized governance where they can participate in the on-chain voting process. \n* It has a high degree of decentralization, fully secure and cannot be wavered by central entities. \n\n## The Zac Token \nThis is the native ERC-20 token of the platform and its used for all internal transactions as well as incentivizing its users. This token is the backbone of the Zac Finance ecosystem and it has a total supply of 57,000 ZAC.\n\n![IMG_20201119_035910.jpg](https://cdn.steemitimages.com/DQmZGFNCWmnUfizbRM9X9CaoLZpC1Wrd3fFNGwRQRShc62f/IMG_20201119_035910.jpg)\n\n### Recent News about the Zac Finance \n\n* **10-Nov-2020** - *Partnership with Chainlink to integrate live price feeds in the upcoming Z-Vault*\n* **5-Nov-2020** - *The Z-Farm became live and the smart contracts were updated accordingly. So users can now farm and earn ZAC tokens.*\n* **28-Oct-2020** - *Z-Vote was launched and users can now vote to decide what's next on the platform.*\n* **19-Oct-2020** - *Z-Farm contract has been deployed successfully and audited by an approved auditor from Callisto Network*\n* **11-Oct-2020** - *The Z-Stake became live with ZAC rewards and users can earn 16% monthly.* \n* **5-Oct-2020** - *$ZAC Finance was listed on CoinMarketCap and can be seen on https://coinmarketcap.com/currencies/zac-finance/*\n\n### What lies ahead? \n* *The Z-Vault launch is already in progress.*\n* *Numerous partnerships with Zac Finance are ongoing and will be unveiled soon*\n* *The Z-Swap and the Z-Trade will be launched by December 2020*\n\n***There is a lot of platforms that offer Decentralized Finance services but the Zac Finance stands out. This is because they have a dedicated and hard working team that ensures that the platform is up and running. The platform also offers unique features as well as an easy to use interface that can be accessed by anyone and also offers the best yield and profits to its users. Hence its unique and will change the way users make use of DeFi.*** \n\n</div> \n\n#### For more information, you can visit any of following links below\nWebsite:  https://zac.finance\nEmail:  [email protected] \nTwitter:  https://twitter.com/FinanceZac \nDiscord:  https://discord.com/invite/ryBqXAm \nTelegram:  @ZACFinanceP \nTelegram Ann Channel:  @zacfinanceann \nMedium:  https://medium.com/@zac.finance.token",
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