ZChains, a pioneering Layer 1 blockchain platform, has officially launched its mainnet and successfully listed its native token, ZCD, marking a significant advancement in its mission to revolutionize the Web3 ecosystem.
The ZChains mainnet operates on a modular, EVM-compatible framework powered by a Proof of Stake (PoS) consensus mechanism. This ensures top-tier security and scalability while empowering a diverse group of validators. The launch is accompanied by the debut of the ZChains Block Explorer, ZCScan, which provides real-time transaction monitoring and network performance insights essential for fostering community trust and confidence.
The ZChains (ZCD) token has made its first appearance on an exchange through its listing on BitMart. As ZCD gains momentum, upcoming listings on MEXC, LBank, and P2B have been confirmed. Additionally, ZCD is already listed on CoinGecko, a leading cryptocurrency data aggregator, and efforts are underway to feature it on CoinMarketCap as well. This initiative aims to enhance liquidity and accessibility, offering investors exciting new prospects within the ZChains community.
The ZCD token has a total supply of 15 billion, primarily focused on liquidity and growth. Out of this, 10 billion ZCD goes into liquidity pools on centralized exchanges to ensure smooth trading and minimize price swings. Another 2 billion ZCD is set aside for marketing efforts to help expand the ecosystem. The team holds 2 billion ZCD, locked for 12 months and then vested over 60 months to ensure long-term commitment. Lastly, 1 billion ZCD is reserved for governance and future initiatives.
As part of its roadmap, ZChains is set to unveil an array of decentralized applications (dApps). A highlight of the project lineup is Zwap, a user-friendly token bridge and swap app designed for seamless asset exchanges. Zwap aims to simplify the DeFi experience, making it easier for users to navigate the blockchain landscape.
ZChains has also received a favorable assessment from its recent crypto audit, affirming robust security measures and operational integrity. This audit underscores ZChains' commitment to maintaining a secure and transparent platform for its users and stakeholders.
The ZChains team is dedicated to driving innovation and expanding its ecosystem through initiatives such as the launchpad and an array of innovative dApps currently in the works. These efforts promise to unlock a realm of possibilities for ZChains and its expanding community. For those interested in delving deeper into ZChains' technology and vision, the ZChains whitepaper offers further insights.
Keep an eye out for further announcements regarding more exchange listings and exciting developments in the weeks to come as ZChains continues to embrace this exciting new chapter.
