ZetaChain: 1.5 billion ZETA tokens have been permanently anchored to the native ZetaChain network
According to an announcement from ZetaChain, in order to enhance security and decentralization, 1.5 billion ZETA tokens have been permanently anchored to the native ZetaChain network. Although ZETA can still be converted back to Ethereum as an ERC-20 token, the transfer limit is 600 million, with a total supply of 2.1 billion. This move ensures that most of the ZETAs are protected by the local network, improving overall security and laying a foundation for upcoming cross-chain integration which will facilitate universal application development across multiple blockchains.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The AI Agent project VaderAI updates the VADER token economic model
Wormhole DAO will be launched in the first quarter of 2025
In the past 2 days, 9 new wallets have transferred out 362,380 LINK from CEX