ZetaChain is the only decentralized blockchain and smart contract platform built for omnichain interoperability.
What you can do with ZetaChain? ZetaChain includes a Proof of Stake (PoS) blockchain built on Cosmos SDK which is connected to external blockchains (e.g., Ethereum, BSC, Solana, Avalanche, Terra, Bitcoin) and layers (e.g., Polygon, Optimism, Arbitrum) in a decentralized (without a single point of failure, trustless, permissionless), transparent, and efficient way.
With ZetaChain, we will enable developers to build odApps with the same ease as developing dApps for a single network like Ethereum or Polygon while being able to leverage composability across networks.
ZetaChain provides two ways for users and developers to utilize its cross-chain capabilities. First, ZetaChain provides EVM compatible smart contracts so developers don’t need to learn another language and can easily customize their existing Ethereum dApps to function across all connected networks. Furthermore, ZetaChain has built-in decentralized bridges to and from all connected chains so that assets and data can enter and exit ZetaChain with ease.
Second, ZetaChain will be a programmable public computer that directly reads and updates states on all the connected networks. The application logic primarily lives on ZetaChain while the states primarily live on external chains.
Possibilities of what can be built with ZetaChain are endless but some applications that developers can build include:
Cross-chain DEXes in native tokens without wrapping Decentralized and fault tolerant bridges Omnichain smart contracts that can monitor and perform events on all connected chains Cross-chain lending and yield protocols Omnichain NFT apps We can’t wait to start building truly interoperable omnichain products with our developer community and usher in a new era of user experience for everyone.
we just test the platform step-by-step for that you can do this steps:
step 1: get faucet token for getting faucet you must go to the https://labs.zetachain.com/ and then click on Get ZETA
and then click on the green box “Please check Twitter account requirements and click to retry” like below
and then you redirect to Twitter to verify your account and click Authorize app. check the image
then you back to ZetaChain website now click on the Request Assets
now you must get the success message like below
after that, you must receive 3 Zeta and some gass asset on Georli, Polygon and BSC Testnet to do some test.
now we can begin test.
step 2: swap between the network you can swap any asset from any network to any asset on any network that ZetaChain support.
to do this follow this step:
I’m gonna swap some ZETA from Gorli to BSC Testnet:
first, you must select the network and coin in the source you want to swap and then select the network and coin in the destination you can see this step on the image
when you choose this you can select the amount you want to swap or just click on max to choose all, and also you must select the source network in your wallet as well.
now just click on the Review Order and follow the instructure
you must first allow to spent ZETA in your wallet and pay the gas and then click on the swap
when you click on the swap, a pop-up window appears to check the gas fee and pay the gas, when you check the gas fee just click on Confirm to do the swap.
when the transaction confirms at least one then you receive a message that you get Zeta Point like the image below
ZetaChain’s Token (ZETA) ZetaChain’s token ZETA is used to pay the gas fees for ZetaChain smart contact and additionally used to secure the PoS ZetaChain blockchain by bonding/staking/slashing.
ZETA is also at the core of ZetaChain’s cross-chain transfer, swaps, message delivery, and security. ZETA is one of the first multi-chain tokens that is natively issued across multiple chains and layers.
Users can directly move the ZETA token from any chain A to chain B. The mechanism is a one-way peg (i.e. burning X amount on chain A and then minting X amount on chain B).
We use our own token ZETA to represent value cross-chain because:
Unlike the more common two-way pegging, there is no wrapping and therefore no multiple representation of the same underlying asset.
The only (native) value that can go cross-chain is via the ZETA token, which reduces attack surface, resulting in an easier to understand audit and therefore higher security. For example, we can check total supply at the contract mint site.
Users can pay ZETA for the cross-chain service that ZETA provides, and for gas on the destination chain.
what is ZETA Point ZETA Point is a score that shows how much activity you do and you can get this point by doing this:
you can get 7000 Zeta point every 7 days on the swap, must spend 7 days between the swap and after confirmation of the transaction you get the point. and also you can invite your friend and both can get Zeta points.
you can click on Earn ZETA Points and get your link
this is my link if you are interested to use.
ZetaLabs ZetaLabs is a place where the ZetaChain community can help contribute to ZetaChain development by helping test and grow… labs.zetachain.com
ZetaChain Social Link