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Zyfi is a DeFi platform designed to use zkSync's Layer-2 scaling solution, facilitating cheaper and more efficient transactions over the Ethereum network. The primary goal of Zyfi is to reduce transaction costs and enhance the speed of user interactions on blockchain platforms. The project achieves this through innovative features such as a gas abstraction model, which allows users to pay transaction fees using various tokens supported on the zkSync platform, rather than the traditional Ethereum (ETH) gas fees.

Central to the Zyfi ecosystem is its native utility token, $ZFI. This token serves multiple purposes, notably enabling users to pay transaction fees on the Zyfi platform and its partner ecosystems. By using $ZFI for gas fees, users are granted a generous 20% discount on the total cost, significantly easing the financial burden of frequent transactions in the DeFi space.