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ZIL

Zilliqa 2.0 Migration Officially Starts on June 23rd

The upcoming Zilliqa 2.0 update marks the beginning of a new era. To facilitate a smooth transition, a comprehensive FAQ has been prepared, available in both text and audio formats. The transition will start by ending Zilliqa 1.0 at block 4770087, expected around 4:00 UTC on June 23, with migration completing within a few days thereafter. During this period, several interfaces will be temporarily disabled until the mainnet of Zilliqa 2.0 is operational. Users holding ZIL in non-custodial wallets do not need to act, but those staking ZIL must un-stake, transfer to an EVM-compatible wallet, and re-stake via the new portal—no strict deadline exists, although rewards will only accrue if migrated. Ecosystem partners are developing tools to simplify this process, making migration just a few clicks away. Major exchanges support the migration, suspending ZIL deposits and withdrawals until the new network is live. Support channels are available for assistance.
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AI Analysis

The transition to Zilliqa 2.0 represents a significant upgrade aimed at improving the network's functionality, scalability, and user experience. The meticulous planning, including a detailed FAQ and c...

AI Recommendation

It is advisable for users holding ZIL to stay informed about the migration schedule and read the provided FAQ thoroughly. Since non-custodial wallets do not require action, these users can continue to...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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