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What is Raze Network (RAZE)?
Raze Network basic info
Raze Network is a blockchain project that focuses on privacy-preserving decentralized finance (DeFi) applications. It aims to enable private transactions, data sharing, and asset transfers on the blockchain, ensuring the confidentiality and anonymity of users. The primary currency used within Raze Network is the Raze token (RAZE). RAZE is an ERC-20 token that serves as the native currency of the Raze platform. It is designed to be used for various purposes within the network, including transacting, staking, and participating in governance decisions. One key feature of RAZE is its privacy-preserving technology. The project utilizes a mix of zkSNARKs and zkRollups to ensure that transactions on the network are shielded from prying eyes. This privacy technology allows users to retain their anonymity while engaging in financial activities on the blockchain. Another important aspect of Raze Network is its interoperability with other blockchains. The project aims to bridge different blockchain networks, allowing for smooth and seamless transfer of assets across platforms. This interoperability opens up new possibilities for cross-chain DeFi applications, enabling users to access a wider range of financial services. In addition to privacy and interoperability, Raze Network also emphasizes scalability. By employing a layer 2 solution, the project aims to enhance transaction speed and reduce congestion on the Ethereum network. This scalability feature ensures that users can enjoy fast and efficient transactions on the Raze Network. To support the growth and development of the Raze ecosystem, the project implements a governance mechanism. RAZE token holders have the power to propose and vote on various platform upgrades, changes, and improvements. This democratic governance model allows community members to actively participate in shaping the future of Raze Network. Overall, Raze Network and its native currency, RAZE, play a vital role in advancing the concept of privacy-preserving DeFi. With its innovative technology, focus on interoperability, scalability, and community governance, Raze Network aims to provide a secure and efficient platform for privacy-focused transactions and decentralized financial applications.
RAZE supply and tokenomics
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What is the development prospect and future value of RAZE?
The market value of RAZE currently stands at $113,505.03, and its market ranking is #2448. The value of RAZE is not widely recognized by the market. When the bull market comes, the market value of RAZE may have great growth potential.
As a new type of currency with innovative technology and unique use cases, RAZE has broad market potential and significant room for development. The distinctiveness and appeal of RAZE may attract the interest of specific groups, thereby driving up its market value.