SUMMARY

• ZyFi, a native Account Abstraction provider on ZKsync, simplifies gas management by allowing gas fees with 80+ ERC-20 tokens and supports gasless transactions via popular wallets.
• Backed by $2M funding and industry investors, ZyFi processes 13% of ZKsync transactions, with over 218,600 users and 31 platform integrations, driving growth in blockchain usability.

ZyFi emerges as a groundbreaking native Account Abstraction provider in the blockchain space, centering on revolutionizing user experience on ZKsync and Elastic Chains. With an exceptional track record, the platform has handled over 1.5 million paymaster transactions and integrated with more than 30 DApps, illustrating its critical impact on the ZK ecosystem. The core mission of ZyFi centers around disentangling gas management and improving transaction processes for both users and developers.

At the heart of ZyFi’s innovation lies its advanced paymaster solution, which empowers users to pay gas fees utilizing any of over 80 ERC-20 tokens. By leveraging ZKsync’s native Account Abstraction, ZyFi has become the first EVM-compatible Layer 2 to support this feature at the protocol level. The platform utilizes an inventive DefaultAccount contract, permitting Externally Owned Accounts to send gasless transactions across all ZK chains through prevalent wallets like MetaMask and TrustWallet.

ZyFi’s specialized architecture comprises a streamlined three-step process: interaction with the paymaster API through front ends, user transaction signing, and paymaster execution. This productive approach allows DApps to offer gasless transactions while guaranteeing security and performance. Notably, ZyFi processes around 13% of ZKsync transactions, underscoring its essential part in the ecosystem.

The project benefits from an experienced authority, with CEO Gauthier Vila bringing a wealth of expertise as a serial business visionary and former crypto YouTuber. He is joined by CTO Guilherme, who co-built Gravita and possesses 15 years of industry experience. Their combined mastery is instrumental in driving ZyFi’s specialized advancement and vital course. Besides, ZyFi has secured considerable backing through a $2 million private funding round, pulling in outstanding investors such as Tenzor Capital, Everstake Capital, and Alpha Praetorian Capital.

The venture moreover enjoys support from angel investors connected to industry pioneers like AAVE, ParaSwap, Ledger, Safe, and Avalanche, reflecting solid confidence in ZyFi’s vision. The ZyFi token (ZFI) operates on the ZKsync network as an ERC-20 standard token, having particular economic parameters, including a total supply of 500 million tokens, a fully diluted valuation of $20 million, an initial market cap without liquidity of $925,000, and an initial market cap of $1,565,000.

A recent IDO sale on Dappad+ with $150,000 raised, next anticipated sale on Finceptor set for 1st of Novemeber each sale with a 25% lock up period of 6 month. The price sale rests at 0.04 USDT – $ZFI. The token provides numerous utility features: token holders benefit from discounts on gas fees, staking components for reward generation, voting rights for platform governance, support for grant programs aimed at ecosystem advancement, and incentives for user engagement. ZyFi has accomplished remarkable growth metrics, having onboarded over 218,600 users and completed more than 31 integrations with major platforms, including PancakeSwap, SyncSwap, and ZeroLend.

The venture brags an active community surpassing 200,000 members over different social platforms, demonstrating a solid market presence and user adoption. ZyFi stands out in the ZKsync ecosystem through its inventive approach to gas management and account abstraction. The platform’s success in processing over 1.7 million transactions outlines its viable utility and market demand.

Despite promising technical establishments and vigorous regulation backing, ZyFi’s continued success will likely pivot on maintaining innovative development and adapting to evolving market needs. The combination of experienced leadership, noteworthy subsidizing, and practical utility positions ZyFi as a noticeable player in the blockchain infrastructure space.

However, as with all blockchain ventures, users ought to stay mindful of market volatility and technological risks when engaging with the platform. ZyFi’s center on addressing real-world blockchain usability issues through advanced account abstraction proposes potential for sustained development within the expanding ZKsync ecosystem.