ZIGChain /ZIG

What is ZIGChain (ZIG)? 

The ZIGChain(previously known as Zignaly) is a Layer 1 blockchain aimed at disrupting wealth management by allowing people to create and access investment strategies in a decentralized ecosystem. Built on the Cosmos SDK, it uses Inter-Blockchain Communication (IBC) designed for seamless cross-chain transactions while incorporating CosmWasm smart contracts for decentralized finance (DeFi) applications.

ZIGChain was launched in 2018 by Zignaly, a social investment platform and Binance Link Partner by the same name (Zignaly). Zignaly was rebranded to ZIGChain on December 2, 2024, to align with its transition into a blockchain ecosystem focused on decentralized finance (DeFi) and wealth management. . The ZIGChain provides the infrastructure for delegated investment management, allowing users to get involved in staking, lending, and wealth management strategies. The native token ZIG powers the network by providing utility transactions, staking, governance, and DeFi services. 

ZIGChain operates on delegated proof-of-stake (dPoS) consensus mechanism, providing a high scalability and low transaction cost. Taking a community-based approach, it supports both developers and investors to create innovative financial use cases leveraging smart contracts, asset tokenization, and decentralized applications (dApps).

ZIGChain crypto Key Features

• Fast & Low-Cost Transactions – get transactions done in under 5 seconds for a nominal fee. 
• Developer-Friendly – support for smart contracts in Rust through CosmWasm, with rich documentation and funding available. 
• Cross-Chain Compatibility – level of interoperability to other blockchains through IBC (Inter-Blockchain Communication). 
• Wealth Management Engine – access to modular tools for wealth managers to implement structured investment strategies. 
• $100M Ecosystem Fund – funding to developers to build new DeFi applications. 

What is the ZIG token? 

The ZIG token serves as the native utility token of ZIGChain, utilised for transaction fees, staking, and governance. It enhances network security through validator rewards and facilitates DeFi services like lending and revenue sharing. Furthermore, the ZIG token covers module fees to finance ecosystem "buybacks" and other incentives aimed at growth and sustainability.

Where to buy ZIG token?

The ZIG Token is available for purchase on a variety of cryptocurrency exchanges. Some of the trading platforms include LBank, Bybit, MEXC, Gate.io, Bitget, and HTX, while several DEX exchanges to purchase ZIG Token include Uniswap, PancakeSwap, and Meteora. 

Wallets that support ZIG coins?

When choosing a wallet for Zignaly (ZIG), Hardware wallets like Ledger offer enhanced security, while software wallets like MetaMask and Trust Wallet provide convenience for everyday transactions. Some of the best wallets supporting ZIG include Trust Wallet, Ledger, imToken, MetaMask, Torus, Coinbase, TokenPocket, and iToken Wallet.