Anzen V2: USDz, RWA, and z-points

Anzen Finance
Anzen Finance
Published in
6 min readMay 25, 2024

Introducing Anzen Finance V2

Anzen Finance is a DeFi protocol offering permissionless RWA rewards backed by institutional-grade Private Credit. V1 launched last year with the PCT and wPCT tokens with a single-collateral backed token. We’ve worked on upgrading our products, building for more composability within DeFi, and thus, have launched Anzen V2, with Percent as our selected RWA partner. Percent is a US-registered broker-dealer with a historical track record of over $1 Billion in private credit deals, managed by an executive team with industry experience at institutions including Blackrock, UBS, Goldman Sachs, and JP Morgan.

Anzen is backed by industry experts.

Famously, Blackrock entered the scene and created BUIDL, a tokenized fund offering US dollar yields. Tokens in BUIDL represented shares in the fund which invests in assets such as US Treasury bills. It was a huge step forward in the decentralized finance world and cemented the importance and need for tokenization. However, entry to investors stands at a hefty $5 million USD minimum, making the bar unnecessarily high for humble Defi yield farmers.

Private credit is a $7 trillion dollar market that generates stable and consistent returns over long periods of time, however, traditionally, only the wealthiest have been able to enjoy it, including keeping it exclusive to a very small circle with high minimums.

On April 10, we hit $1 million TVL on our first RWA pool. Interest in RWA and stable yields in both up and down markets has skyrocketed recently. The demand for diversified yield is here. But to truly decentralize finance, we have to level the playing field. Anzen V2 will offer the same access to the $7 trillion dollar Private Credit market and disrupt this old system allowing farmers from all walks of life to enjoy the freshest and sustainable crops all year round — a concept known as Perpetual Yield Farming.

Earn rewards and z-points with USDz

How to earn rewards and z-points with USDz

A new Zeitgeist requires new narratives. Starting today, USDz, Anzen’s RWA-backed stablecoin will go live on mainnet and Base, along with it, our comprehensive Season 1 z-points campaign.

What are z-points? They are awarded to active members within Anzen’s community. We’re tracking onchain transactions and social activity. If you’re using USDz, you’re earning points. When staked on mainnet, your sUSDz will earn rewards backed by tokenized real world assets.

Immediately at launch, USDz will be available to mint. Mint fast, it’s first come first serve for the first $1 million USD vault on Base

z-points

Anzen’s z-points campaign will spread across multiple seasons. Each season will reward different activities involving USDz and various communities. Anzen is collaborating closely with native and cross-chain communities for integration, and partner users will receive boosted points within each season.

wen?

We don’t plan to keep you all waiting. We’re committed to concluding our z-points campaign in 3 months, or when USDz supply reaches $1 billion, whichever comes first.

Notice:

Please note that Anzen’s Point system is specifically designed for long-term participants and users. If you intend to farm and dump an airdrop, this campaign is not for you. You will be disappointed.

We recommend not participating if your commitment is only for a month and if you have no interest in engaging with the ecosystem over a longer duration.

sUSDz

USDz is an RWA backed stablecoin, backed by institutional grade private credit.

sUSDz is a token that represents staked USDz. It accumulates value from USDz staking rewards sent by the protocol and backed by the protocol’s portfolio of private credit assets. Rewards are not paid directly to sUSDz holders directly but it accumulates within the contract until the user unstakes and withdraws. The staked USDz deposited in the contract is locked and not rehypothecated.

sUSDz is a reward-bearing token, similar to sUSDe or sDAI. Unlike rebasing tokens such as stETH, the price of sUSDz increases over time to reflect the value accrued within the staking smart contract.

Season 0 Rewards

Sunsetting our season 0 private credit token (PCT)

With the launch of USDz, we have sunset our initial PCT token. All past and current holders will be rewarded season 1 z-points and whitelist access to minting USDz.

Season 1: Anzen 🤝Aerodrome

The first season will be focused on users providing liquidity into Anzen Mainnet & Aerodrome’s USDC/USDz Pools. Note that Aerodrome is on Base chain which means the gas will be significantly lower.

Base Cap Limit:

The minting of USDz is capped at $1 million USDC to start. We plan on carefully raising limits at launch.

The longer you participate in our season, the more z-points you receive. Please note that this cap may be subject to revision.

Audits

Anzen smart contracts have been audited by multiple leading audit firms. All findings have been addressed by our team. Read more in the report.

Anzen’s Auditors

Halborn

Halborn specializes in full-stack security solutions with a team of driven ethical hackers, blockchain specialists, and DevOps professionals. Halborn provides an exceedingly thorough analysis of a blockchain application’s smart contracts. Notably their clients include Avalanche, Polygon, Mantra DAO, Sushi, Euler and more.

https://www.halborn.com/

https://x.com/HalbornSecurity

Zellic

Zellic is full of world-renowned hackers and infosec leaders, hacking hard targets, exploiting tricky vulnerabilities, and producing excellent research. Zellic specializes in securing emerging technologies with a full vulnerability research process across a wide range of protocols and chains. LayerZero, Jump, Solana Foundation, Pyth, Berachain are some of their notable clients.

https://www.zellic.io

https://x.com/zellic_io

Peckshield

Peckshield consists of seasoned security professionals and senior researchers from world-leading security groups at companies such as Qihoo 360, Microsoft, Intel, Juniper, and Alibaba. They’ve performed security services for Maker Foundation, Starkware, and more.

https://peckshield.com

https://x.com/peckshield

Frequently Asked Questions

Why USDz?

USDz is an onchain dollar backed by real world assets (RWA). It is permissionless, composable, and overcollateralized. USDz is currently available on mainnet and Base and can be used across various DeFi platforms.

USDz is fully backed by institutional-grade real world assets, private credit assets to be exact. Private Credit in the United States is a $7 Trillion dollar market, with opportunities to earn rewards from vetted and stable sources. Our asset originator is underwritten by Blackrock, Bank of America, JP Morgan, Goldman Sachs, UBS, Moodys and more.

What jurisdictions are restricted from participating in Anzen’s points program?

Anzen, USDz, and our z-points program are not available to Abkhazia, Afghanistan, Angola, Belarus, Burundi, Central African Republic, Congo, Cuba, Crimea, Ethiopia, Guinea-Bissau, Iran, Ivory Coast (Cote D’Ivoire), Lebanon, Liberia, Libya, Mali, Burma (Myanmar), Nicaragua, North Korea, Northern Cyprus, Russia, Somalia, Somaliland, South Ossetia, South Sudan, Sudan, Syria, Ukraine (Donetsk and Luhansk regions), United States, Venezuela, Yemen, and Zimbabwe.

What pools are available for z-points?

For season 1, you can provide liquidity on Aerodrome’s USDC/USDz pools for increased points.

Community and Support

Anzen currently runs campaigns where you can earn points as early-adopters and holders of our tokens.

Join the community to find out more.

Anzen Community
Anzen Announcements
Follow Anzen on X
Anzen Website
Anzen Dapp

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Anzen Finance
Anzen Finance

🏦 Real World Yields. Join us in transforming the future of credit. See more: anzen.finance