ZetaChain permanently anchors 1.5 billion ZETA tokens to the mainnet to enhance security
Oct 23, 2024 10:20:33
cross-chain protocol ZetaChain announced the permanent anchoring of 1.5 billion ZETA tokens to its native mainnet, while limiting the maximum number that can be converted to Ethereum ERC-20 tokens to 600 million. ZetaChain stated that this move is aimed at preparing for the upcoming chain integrations and significantly enhancing network security.
