INTRODUCTION

FiZen - The Decentralized Stablecoin Platform on Polkafoundry

FiZen is a project to implement a cross-chain, multi-collateral stablecoin on the Polkafoundry network.

It aims towards a complete ​decentralized operation​, where the stablecoin - zUSD - is created using assets from blockchains connected to the Polkafoundry network as collaterals​. It can be ​used by any blockchains and their applications on the Polkafoundry network​. Holders of the crypto assets supported by the Platform can generate zUSD tokens by depositing the assets into a Collateralized Debt Position (CDP) through the zUSD stablecoin protocol.

zUSD tokens are also available for purchases from brokers or exchanges.