In this episode, we have Deji Oluwoye (CTO & Co-founder of Canza Finance) share what they building for Africa with Canza.
We also dived into Baki, the revolutionary FX protocol developed by Canza Finance, aimed at providing infinite liquidity for slippage-free swaps between African currencies. We explore how Baki enables users to mint overcollateralized synthetic assets, known as zTokens, pegged to various African currencies like the Nigerian Naira (zNGN), West African CFA (zCFA), and South African Rand (zZAR).
This episode showcases the potential of blockchain to transform Africa’s financial defi market and what Canza is bringing into the web3 space for Africans.
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