ZetaChain is the world’s first and only blockchain that connects everything. It facilitates cross-chain and cross-layer value transfer, message delivery, and smart contract calls — thus enabling for the first time omnichain dApps (odApps) which can leverage liquidity on multiple networks and read and update states on all connected networks.
There has been a cambrian explosion in crypto over the past few years. As developers have created thousands of novel DeFi and NFT apps, there has been a surge of users who are experiencing crypto for the first time. However, the experience for both developers and users has become suboptimal and this is especially true when it comes to supporting multiple networks (L1 blockchains like Ethereum and BSC and Layer 2 solutions like Polygon and Optimism) and moving assets across networks.
Developers looking to support multiple networks end up with the complexity of maintaining their dApps on multiple networks, each with their own challenges and limitations. At the same time, users looking to get the best yields and use different dApps end up using different bridges to move assets across networks. Each of these bridges has their own custom wrapped tokens and trust models, which fragments liquidity and creates a confusing and costly user experience for users — multiple interfaces, paying for multiple transactions, and so on. Although many projects are working towards interoperability, the ecosystem has grown more fragmented than ever.
They are building ZetaChain to resolve these growing issues, and drive a paradigmatic shift in how developers and users use crypto.
TOKEN ZETA?
Token ZetaChains ZETA is used to pay the gas fees for ZetaChain smart contacts and to secure the PoS ZetaChain blockchain through bonding/staking/slashing. ZETA also serves as the foundation for ZetaChains cross-chain transfer, swaps, message delivery, and security. ZETA is one of the first multi-chain tokens that can be issued natively across various chains and levels. Users can move the ZETA directly.
RECENTLY UPDATE
The launch of the first-ever Omnichain Smart Contracts support on ZetaChain’s testnet. This enable a new paradigm for web3 dApp building, unlocking concepts such as Bitcoin Smart Contracts. Right now in ZetaLabs, you can experience swapping native BTC (with no wrapping) for other DeFi assets.
you can swap below link, really smooth experience!
https://labs.zetachain.com/leaderboard?code=VLokVWf4DoowmSWYiF4dx
TESTNET GUIDE
This ZetaChain app is currently live on testnet with support for Polygon Mumbai, Ethereum Goerli, and BSC Testnet.Now, it is with support for Bitcoin Testnet.
TERMS
ZETA Points can be earned through swapping, inviting new members, and reporting difficulties. Now, 7,000 ZETA Points awarded per weekly Swap. No need to Swap daily anymore!
since other swap are simple, I’ll introduce how to do swap on bitcoin testnet
Step 1 install XDEFI wallet for Bitcoin Testnet
https://chrome.google.com/webstore/detail/xdefi-wallet/hmeobnfnfcmdkdcmlblgagmfpfboieaf/related
Step 2 Connet wallet and Get faucet
You can get faucet on Bitcoin Testnet below link
https://bitcoinfaucet.uo1.net/
Step3 Swap two chain and Get zeta point
All Official Zetachain Link
Thank for watching