Internet City, Dubai--(Newsfile Corp. - March 26, 2022) - LBank Exchange, a global digital asset trading platform, will list EZChain (EZC) on March 28, 2022. For all users of LBank Exchange, the EZC/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on March 28, 2022.
Figure 1: LBank Exchange Will List EZChain (EZC) on March 28, 2022
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EZChain was created as a new generation blockchain platform for an easy life. Its native token EZC will be listed on LBank Exchange at 20:00 (UTC+8) on March 28, 2022, to further expand its global reach and help it achieve its vision.
Introducing EZChain
EZChain is a multi-blockchain platform with high performance, low cost, and optimized systems for end users. Envisioning an interactive, secure and scalable ecosystem of seamless DeFi applications based on a new generation of blockchain, EZChain offers its users services including creating public blockchain or private blockchain, building decentralized applications (dApps), creating decentralized assets such as NFTs and tokens.
EZChain features transaction processing speed up to 4,500 transactions per second and the transaction processing time is just under 2 seconds. The transaction processing costs of EZChain are $0.0001, so it is suitable for most applications with large transaction needs and low fees.
EZChain provides high security, since its data is verified and protected by thousands of validators with a consensus safety threshold of 80%. Project and businesses can easily build their own private chains based on EZChain and fully master the system data.
Moreover, EZChain is EVM compatible and has powerful support tools that make it extremely easy to use and build dApps. The blockchain works with low power consumption and equipment requirements, so it is very eco-friendly, contributing to the protection of the environment thoroughly.
About EZC Token
EZC is EZChain's native token serving for securing the network and paying for various infrastructural costs, with a capped supply of 1 billion (i.e. 1,000,000,000) tokens, of which 50% was pre-minted at the mainnet launch and locked in a 5-year vesting contract. EZC is designed to react to changing economic conditions. Participants in the platform collectively act as a decentralized reserve bank. The levers available on EZChain are staking rewards, fees, and airdrops, all of which are influenced by governable parameters.
Moreover, EZChain uses dynamical block rewards to avoid deflation or hyperinflation. To that end, the reward rate will be subject to governance, within pre-established boundaries. This will allow token holders to choose the rate at which the EZC coin reaches its capped supply.