PANews November 10 News, according to Coindesk, Zenrock's wrapped Zcash token zenZEC has reached a total trading volume of $15 million since its launch on the Solana blockchain on October 31. zenZEC combines Zcash's privacy features with Solana's high speed and enhances security through Zenrock's decentralized multi-party computation (MPC) network.
zenZEC supports the native ZEC in a 1:1 ratio, using MPC technology to distribute private keys across multiple independent nodes, avoiding single points of failure and improving security. This token seamlessly integrates with decentralized exchanges and yield protocols on Solana, providing Zcash holders with their first true on-chain DeFi experience in 7 years. Currently, zenZEC is available on well-known DEXs on Solana.
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PANews November 10 News, according to Coindesk, Zenrock's wrapped Zcash token zenZEC has reached a total trading volume of $15 million since its launch on the Solana blockchain on October 31. zenZEC combines Zcash's privacy features with Solana's high speed and enhances security through Zenrock's decentralized multi-party computation (MPC) network.
zenZEC supports the native ZEC in a 1:1 ratio, using MPC technology to distribute private keys across multiple independent nodes, avoiding single points of failure and improving security. This token seamlessly integrates with decentralized exchanges and yield protocols on Solana, providing Zcash holders with their first true on-chain DeFi experience in 7 years.
Currently, zenZEC is available on well-known DEXs on Solana.