ZetaChain announces that the testnet incentive program is coming to an end and 4.2 million ZETA have been allocated
ZetaChain has announced that its testnet incentive program is coming to an end. The team has allocated 4.2 million ZETA tokens to the validation teams that participated in the testnet. These rewards will be locked for one year after the release of ZetaChain's mainnet beta version on February 1, 2024. ZetaChain reminds everyone that participating in the testnet incentives and rewards program is separate from any mainnet plans, and there are currently no active mainnet delegation plans.
Flow Traders is the ZETA market maker and has received 2.62 million ZETA
Flow Traders, acting as a market maker for ZETA, received 2.62 million ZETA tokens worth $4.41 million from the Wallet Simple contract address at 0xA4f...F7dA9. In the past two days, a total of 2.29 million tokens have been deposited into Coinbase, Gate, Kucoin, and Bitfinex.
ZetaChain mainnet will go live in days, aiming to unite Bitcoin, Ethereum and other chains
ZetaChain will launch its mainnet in a few days, aiming to unite Bitcoin, Ethereum, and other chains. It is reported that it will provide the ability to build applications that use cryptocurrencies held on each chain natively, essentially integrating them all together. Earlier, in August 2023, ZetaChain raised $27 million in a round of funding from companies such as Blockchain.com, Human Capital, VY Capital, Sky9 Capital, and Jane Street Capital.
ZetaChain will launch the mainnet at 11:00 on January 30
According to an official community announcement, ZetaChain will launch its mainnet at 11:00 on January 30th.
OKX Jumpstart launches new project ZETA (ZetaChain)
According to official sources, OKX Jumpstart launched a new project called ZETA (ZetaChain). Users can start pledging BTC and OKB to obtain DMAIL tokens on January 30th, 2024 at 10:00 AM Greenwich Mean Time. This OKX Jumpstart is limited to KYC users from Korea, Russia, Ukraine, Belarus, Kazakhstan, Uzbekistan, Armenia, Moldova, Azerbaijan, Tajikistan, Kyrgyzstan, and Turkmenistan.
Curve Finance will integrate ZetaChain to provide native BTC support for cross-chain exchanges and full-chain asset pools
ZetaChain, an EVM-compatible L1 project, announced on X platform that Curve Finance will integrate with ZetaChain to provide native BTC support for cross-chain exchanges and full-chain asset pools.
Sushi Expands to ZetaChain for Native Bitcoin Support in DeFi
Sushi, a decentralized finance platform, has announced its expansion to layer-1 blockchain ZetaChain to introduce native bitcoin support. This move enables users to swap the largest cryptocurrency across 30 networks without the need to wrap it. ZetaChain's core contributor, Jonathan Covey, stated that the addition of bitcoin to Sushi goes beyond its traditional use case as just a store of value and allows for more sophisticated applications like lending and borrowing. The ZetaChain team has been working on this for years and believes that they are at an inflection point where they can develop applications that utilize actual bitcoin.