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  • Writer's picturePisky

Zilliqa (ZIL)

What is Zilliqa?

Why we like it:

Since diving in, Zilliqa has been a fantastic earner for us. For being an early HODLer you're rewarded in TWO separate coins, the native zilliqa coin (ZIL) and governance zil coin (GZIL) So...we HODL (hold on for dear life) ZIL and collect weekly payments of more ZIL + GZIL. GZIL is a governance coin that is distributed to early HODLers of Zilliqa for a period of 1 year (Oct. 14, 2020 - Oct. 14, 2021) or while supplies last (only 682,550 of dem bad boys). Once the Zilliqa defi ecosystem launches, those GZIL tokens will get us decision making voting power within the ecosystem.

What is GZIL

Zilliqa steps

We use the Zillet wallet to stake our ZIL.

  1. Connect to Zillet with your Ledger

  2. Pop over to the Staking tab

  3. Delegate you ZIL stash to a seed node *

  4. Earn ZIL + GZIL (limited time only - see above) every few days

* To avoid the potentially troublesome "all eggs in one basket" problemo, we use 2 seed nodes. @ 1% commission & @ 2% commission.

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