What is Zenon Network, and why have prominent people taken an interest in a project with a market cap of 10M? My name is VK, and I am the CEO of STEX. In this article, we’re going to cover briefly what Zenon Network is, the synergy between the NoM and STEX as well as how you can help further this mutually beneficial relationship.
Disclaimer: This article is not financial advice and may contain speculation.
Zenon in 1 minute:
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A new layer-1 crypto with a genuinely decentralized foundation. This is thanks to its egalitarian launch with no VC backing or presale and generally with its strict adherence to the Bitcoin Ethos.
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Superior technology with a feeless design and a unique approach to the blockchain trilemma that utilizes a novel dual-ledger architecture with unikernals. The two utility tokens that power the Network of Momentum are ZNN (Zenon) and QSR (Quasar)
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While the possibilities of the NoM are limitless, there are significant efforts towards interoperability with native Bitcoin and later leveraging the taproot upgrade to deliver defi with Bitcoin.
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While speculative, there are rumors that Zenon would be akin to Satoshi’s Ethereum, if such a thing were to exist (DYOR)
Behold, the mothership has landed.
Any CEX listing is going to bring multiple benefits to Zenon Network. An increase in visibility and accessibility will help grow the number of ZNNAliens, essentially incorporating more people into its decentralized foundation. More investors mean a more valuable DAO treasury, which will attract more devs, who will build more cool stuff, which attracts more investors, and so on in a beautiful positive feedback loop.
Why should ZNNAliens be excited by a STEX listing precisely? Aside from boasting 540 000+ users and 400+ trading pairs, STEX is also an essential part of Zenon’s history. Before the Network of Momentum went live, a placeholder token was sold for years in an effort to distribute it far and wide. STEX was one of the three exchanges…
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