ZetaChain, a Layer-1 blockchain, has permanently embedded 1.5 billion of its native ZETA tokens into its network to enhance security and integrity. While these tokens remain transferable to Ethereum, the transferable amount is now capped at 600 million tokens to prevent destabilization. This anchoring action does not affect the functionality of ZETA tokens within the ecosystem. By limiting transferability and maintaining a balanced supply, ZetaChain aims to promote stability, security, and long-term growth. The move is likely to boost investor confidence and attract more users and developers to the platform. Future initiatives may include advanced cross-chain features and improvements in staking mechanisms. Compliance with regulations will also be crucial for broader adoption.
- Content Editor ( bitcoinworld.co.in )
- 2024-10-23
1.5 Billion ZETA Tokens Permanently Anchored to the ZetaChain Network