Dear ZT users:
ZT will fully support the development of ETH2.0 and will launch the first ETH2.0 crowdfunding campaign in the near future. Help users participate in ETH2.0 verification node mining at a low threshold to obtain mining revenue. ZT will help users participate in ETH2.0 pledge through cooperation with third parties, and at the same time will distribute 100% of the proceeds to users according to the user's participation ratio.
FIRSRT. Participation rules for the first phase of ETH2.0 crowdfunding
ZT will solve the problem that BETH cannot be circulated before ETH2.0 phase 2 through cooperation with third-party institutions, and obtain ETH interest-bearing certificates through a third party (hereafter replaced by ZETH, and the specific token name will be subject to later announcements) and ETH2.0 income, and distribute the ETH interest-bearing income obtained to users.
- Event participation time: November 26, 12:00-November 30, 12:00 (UTC+8)
- Activity participation quota: 320ETH
- Minimum participation: 0.1ETH (official verifiers need to pledge at least 32ETH)
- Participation ratio: 1ETH=1ZETH (third-party ETH2.0 interest-bearing certificate)
- Participate in the link：https://www.ztb.im/activity/ZTLabs/ZTLabsCrowd
- event banner (participation link will be opened at 18:00 on November 25 (UTC+8))
- Activity rules
① After the first phase of ZT-ETH2.0 crowdfunding is over, ZT will issue 1:1 ZETH interest-bearing certificates (third-party supported ETH-interest-bearing certificates) for users participating in the crowdfunding, and at the same time, ETH-bearing interest can be carried out in a third-party circulation pool. The circulation of certificates and ETH, withdraw freely or join ETH2.0 income;
②The ETH2.0 income distribution standard will refer to ETH2.0 official and third-party distribution requirements.
8.Why participate in ETH2.0 exchange at ZT
SECOND. What is ETH2.0
ETH2.0 (Ethereum 2.0) is a major upgrade to the current Ethereum mainnet, which accelerates the use and application of Ethereum by improving its performance. Through the upgrade of ETH2.0, POW will be transformed into POS.
In the 0 phase (initial phase) of ETH2.0, users who participate in staking ETH to become validators of the ETH2.0 beacon chain can obtain staking income, and the minimum participation threshold is 32 ETH. And convert 1:1 into BETH (ETH2.0 mainnet token), holding BETH will get pledge reward (reward is BETH).
Currently, the chain only supports switching from ETH1.0 to ETH2.0, and does not support reverse operations. BETH at stage 0 of 2.0 does not support accounts, asset transfers, and running smart contracts. You need to wait until ETH2.0 stage 2 goes online, at which time the entire network's ETH will be automatically upgraded to BETH. The current official period is uncertain (at least 2 years).
THIRD.ETH2.0 income description
After 524,288 ETH is deposited in the ETH2.0 deposit contract, the founding block will be generated 7 days after reaching the deposit contract, which will generate income. According to official data, as the number of participants increases, ETH2.0-PoS revenue will drop from 20.3% during the start-up period to 4.6%. The expected return curve of ETH-2.0 PoS is as follows:
- When Ethereum officially updates relevant information, ZT will make necessary rule adjustments in due course according to the specific information officially updated;
ETH2.0 pledge official website: https://launchpad.ethereum.org/
Regarding ETH2.0 specification v1.0 officially released blog:
- Scan the code to reply "ETH" and join the ETH2.0 miner family to learn more about ETH2.0
Risk warning: Digital assets are innovative investment products with large price fluctuations. Users are requested to rationally judge their investment capabilities and make investment decisions prudently.
New Token, Great ZT!
Invite friends to register:
Telegram group: https://t.me/zt_com
Official WeChat: fuyttuce
Thank you for your continued support to ZT! ZT will continue to provide you with better products and better services!
November 25, 2020