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ZetaChain Launches Incentive Testing Network on CoinList

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On April 24th, CoinList announced that the cross chain smart contract platform ZetaChain will launch an incentive testing network and apply at the CoinList open node. Participants

ZetaChain Launches Incentive Testing Network on CoinList

On April 24th, CoinList announced that the cross chain smart contract platform ZetaChain will launch an incentive testing network and apply at the CoinList open node. Participants in the testing network will have the opportunity to receive corresponding rewards. The page shows that the application will expire on April 30th, and the testing network will allow a total of 150 nodes to participate. The total reward pool contains 4.2 million ZETAs (0.2% of the total supply), with a lockdown period of 1 year.

ZetaChain will launch an incentive testing network and apply at the CoinList open node

The cross chain smart contract platform, ZetaChain, will soon launch an incentive testing network and apply at the CoinList open node. This exciting development was announced by CoinList on April 24th, and participants in the testing network will have the chance to receive corresponding rewards.

What is the ZetaChain Platform?

Before delving further into the incentive testing network, let’s take a quick look at what the ZetaChain platform is all about. ZetaChain is a cross-chain smart contract platform designed to offer fast and secure data exchange across a wide range of blockchains.

What is the Incentive Testing Network?

The ZetaChain incentive testing network is a pilot program designed to test the platform’s features and functionality before its launch on the open market. The testing network will be comprised of 150 nodes selected to participate through application. The page shows that the application will expire on April 30th.

How to Participate in the Incentive Testing Network?

To participate in the incentive testing network, you need to apply before the April 30th deadline. The application is available on the ZetaChain website, and you can apply by clicking the “Apply Now” button. Once selected, you’ll be an active participant in the testing network and have the chance to earn rewards from the 4.2 million ZETAs that comprise the total reward pool, with a lockdown period of 1 year.

What Rewards Are Available?

The total reward pool for the ZetaChain incentive testing network contains 4.2 million ZETAs, representing 0.2% of the total supply. This includes rewards for participants who engage in various activities within the network, such as staking, validator, and governance activities. Rewards can also be earned by actively participating in key activities within the platform, such as governance decisions, validating transactions, and executing smart contracts.

Conclusion

ZetaChain’s incentive testing network is a significant development that shows the platform is one step closer to launching on the open market. By offering rewards to participants, ZetaChain is taking a bold step towards developing its community and building its brand. As the platform continues to test and refine its features, the team is quickly positioning itself as a leading player in the cross-chain space.

FAQ

#Q1: How do I apply to participate in the testing network?

To apply, visit the ZetaChain website and click the “Apply Now” button. Applications are open until April 30th.

#Q2: What rewards are available for participants in the testing network?

The total reward pool contains 4.2 million ZETAs, with rewards for various activities such as staking, validation, governance, and more.

#Q3: What is the lockdown period for the ZetaChain incentive testing network?

The lockdown period is set for one year.

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