New brand, same core mission and the original team
The Zebec Protocol became The Zebec Network to better reflect our diverse range of blockchain-enabled products and the integrated infrastructure behind them. Accompanying this change is our new token, ZBCN.
1 $ZBC = 10 $ZBCN
Swap period:April 10th - May 10th
ZBC and ZBCN co-exist through the 30 day swap period:
All ZBC tokens will be burned through a smart contract when swapping to ZBCN
ZBC on Exchanges
Migration will be automatic and restart with ZBCN on April 10th
No new supply is created
Tokenomics:
The tokenomics of the ZBCN will mirror those of ZBC, with no change in governance, utility, vesting and lock-up schedules for the updated token. ZBC tokenomics details here.
Token Split 1:10: Explained
Network Expansion and Enhancing Accessibility
Zebec is undergoing a significant transformation by consolidating multiple protocols and integrating our diverse blockchain-enabled payment and payroll products into a single interconnected network. This integration will substantially enhance our network's utility, extending its support beyond payment flows to also encompass data and physical infrastructure (DePin). This projected growth necessitates a reevaluation of our transaction fee structure to ensure efficiency and accessibility.
To address these changes, we have initiated a token split at 1 ZBC to 10 ZBCN ratio. Read more here.
