Tag: zilliqa (zil) news

Mar 14 2021

3M+ ZIL Removed From Circulation Since Zilliqa Introduced ‘Burning’

In brief: Over 3 million Zilliqa coins have been removed from circulation since the network implemented its version of burning ZIL ZIL fee burning, simply sends the gas paid out in each transaction to a special address where all mining rewards come from This gas can then be used for block rewards in a process known as 'recycling' The President of Zilliqa, Amrit...

Dec 27 2020

Zilliqa Enters the Top 30 on Coinmarketcap After 94% Gains in a Week

Summary: Zilliqa is now ranked 29th on Coinmarketcap Zilliqa is also the highest-ranking coin on LunarCrush Zilliqa's google search volume has increased to levels last witnessed in June when staking went live The amount of ZIL locked in staking is now 29.89% of the circulating supply at 4.2B Zilliqa The digital asset is clearly in bullish territory as it inches closer to $0.01...

Dec 08 2020

Zilliqa (ZIL) Locked in Staking Hits 27.47% of Circulating Supply

Quick take: Approximately 27.475% of Zilliqa's circulating supply is locked in staking Staking of Zilliqa currently has a 17.72% APY ZIL has managed to break past the $0.030 resistance level since staking was launched in late June However, Zilliqa is yet to repeat its performance as a top 50 coin on Coinmarketcap Zilliqa (ZIL) staking has come a long way since it was...

Nov 12 2020

Zilliqa (ZIL) Could Be Worth $0.22 by 2025 – Fundstrat Report

Quick take: The team at Frundstrat has published an analytical report on Zilliqa (ZIL) It explains that the ASEAN financial services market provides Zilliqa with a $7.8B revenue opportunity by 2025 Enterprises within Zilliqa could be worth $3.6B in 2025 by capturing 10% of ASEAN's DLT based financial services market ZIL thus has the potential of being worth $0.22 by 2025 The team...

Oct 14 2020

Zilliqa (ZIL) Launches Non-Custodial Seed Node Staking

Quick take: Zilliqa has announced the launch of its highly anticipated non- custodial seed node staking Holders of Zilliqa no longer have to stake ZIL through third parties They can send their ZIL directly into the smart contract and receive rewards from the roster of seed node providers gZIL, a new fungible governance token, can also be earned from staking ZIL Holders of Zilliqa...

Oct 06 2020

Zilliqa (ZIL) Launches its First DEX of ZilSwap as a Gateway into Defi

Quick take: Zilliqa (ZIL) has launched its first decentralized exchange, ZilSwap ZilSwap was built by the team at Switcheo There is a plan to transition control of ZilSwap to a DAO, complete with a governance token ZilSwap is at the core of Zilliqa's push into the DeFi space The Zilliqa Community is currently celebrating the launch of the blockchain's first decentralized exchange aptly...

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