IOST’s Highly Anticipated Sumo-Themed DeFi Token $ZUNA Set to Launch on December 10th – Press Release

Press release

PRESS RELEASE.IOST-backed DeFi protocol Yokozuna Finance warms up to claim thisTitle in IOSTdApp ecosystem. TheGamified Sumo-themed DeFi and NFT projecthas already caused a stir in the IOST and DeFi community and would like to use hisofficial launch on December 10th, 11:00 a.m. (UTC)

TheSumo-inspiredProject, with aTotal offerfrom100,000,000and adeflationary distribution model,is offered viaFAIR LAUNCHto Stakers on app.yokozuna.fi is developed and led by an experienced global team and advisory board composed of professional and contributing expertise from the fields of technology, finance, sports, entertainment, media and scienceeducate and entertain IOST fans while promoting the sport of sumo to enthusiastic and non-traditional audiences around the world.

Building on the IOST network for itsEfficiency, ultra-fast speed and virtually no transaction costs, Yokozuna Finance allows users to follow the journey of a young rikishi (sumo wrestler) in hopes of becoming a yokozuna, or grand champion.

At its core, Yokozuna Finance's numerous compelling features are designed to provide its users with a sensational and unparalleled experience. These include Double Mining, Automated Market Maker, DAO Fund, Deflationary Token, Vaults, Governance, Cross-Chain Liquidity, NFT Staking and GameFi.

The project's early 2022 roadmap introduces auctions and a secondary marketplace where the project's native token, ZUNA, will be used exclusively to acquire, buy and sell SUMO NFTs and related items to complement and improve performance, including increased APY for users.

Once fully implemented, qualified NFT holders will become owners and leaders of the Yokozuna Finance DAO, starting March 12th.

Ultimately, the owners of the DAO will not only participate in the success of the DAO through distributions, but will also vote to support global SUMO initiatives aimed at growing the sport worldwide.

The launch of $ZUNA Token is imminent

Yokozuna Finance has commissioned and has passed a third-party security auditfrom Beosin and launched his website yokozuna.fi anddApp app.yokozuna.fi Currently, users can pre-position IOST in single token vaults and earn IOST beforeOfficial launch on Friday December 10th – 8pm TOKYO/11am LON/6am NYC

Earn $ZUNA by staking IOST (Live).

• IOST-Inhaber können IOST in IOST-Tresoren mit einem einzigen Token einsetzen, die IOST-Prämien erhalten, als ob sie für IOST stimmen würden
• Wenn Yokozuna Finance ihr Token Generating Event startet (TGE), Sie werden vorpositioniert um IOST und ZUNA zu verdienen, damit Benutzer Verdienen Sie DOPPEL-MINING-Belohnungen für IOST-Einzel-Token-Tresore
• Die Einführung von Yokozuna Finance wird einführen ZUNA-Einzel-Token-Tresore und zusätzlich Liquiditätspools wo Benutzer mehrere bestehende IOST-Projekt-Token sehen, die ZUNA . verdienen

What's next for Yokozuza?

Yokozuna will focus on building its NFT platform and Sumo Gamification NFT system in early 2022. Cross-chain liquidity, DAO NFT governance, and automated trading strategies, to name a few of the long-term milestones the team aims to achieve.

You can find out more about Yokozuna's roadmap Here. To learn more about Yokozuna, visit telegram, Twitter, Japan Twitter

IOST Blockchain – An ideal home for your dApps

For decentralized DeFi applications to satisfactorily compete with traditional applications, the underlying network must be fast and perfectly mesh with the goal of the DApp launchers. Among competitors, IOST – a decentralized and ultra-fast enterprise-class network equipped with a proof-of-credibility consensus algorithm – is building a robust portfolio by offering developer-friendly features and environments.

The IOST platform emerged as a response to the scalability problem with the aim of addressing the problem once and for all. IOST implements a number of technologies, including a proof-of-credibility algorithm and powerful virtual machine technology, all designed to offer higher TPS rates of up to 8,000 transactions per second.

Since 2019, IOST has been offering a holistic Dapp ecosystem and has pushed further into the emerging DeFi and NFT space with several strategic partnerships and emerging on-chain projects – such as Stablecoins (HUSD, JPYA, USDA), NFT Marketplace (TOKENLINK, Revival.). , RIZIN FIGHTING COLLECTION) and the latest Yokozuna Finance.

Developer-friendly features without congestion and without high gas fees, as seen in Ethereum and Javascript smart contract languages, are the reasons why many developers choose to launch DeFi projects on IOST. A free transaction fee also guarantees users the convenience and accessibility of using the applications on the IOST chain.

To learn more about IOST, visit its Twitterand MediumPage.

This is a press release. Readers should conduct their own due diligence before taking any action in connection with the advertised company or any of its affiliates or services. Bitcoin.com shall not be responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned in the press release.

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