In a year marred by intense volatility, one crypto project that has managed to not only weather the many storms that have come its way but also thrive is Zignaly. Over the past year, the project’s native token, $ZIG, has recorded a profit of 830%, leaving several established cryptos in its wake.
$ZIG’s performance over the past year (source: Coingecko)
Over the same time period, assets like Bitcoin ($BTC), Ether (ETH), and BNB ($BNB) registered gains of just 140%, 64% and 182%, respectively. $ZIG’s exceptional growth can largely be attributed to Zignaly’s constant commitment to community engagement and strategic partnerships.
For instance, over the last few months alone, Zignaly has orchestrated many major airdrops, distributing tokens from various partner projects to its stakers. These airdrops included 160,294 $NEIRO (worth approximately $15,000), 17,600,000 $YAWN ($50,000), 27,000,000 $EBULL ($25,000), a staggering 3,365,520,000,000 $PEPAY ($50,000), 500,000 $KLAUS ($20,000), 17,000 $SPECT ($25,000), 18,000 TATSU ($33,000), and 1,080,000 ($10,000) $GOU because $GOU is launching on the ZIGChain Card — with all of the airdrops and more totaling over $270,000.
Moreover, the introduction of the platform’s highly touted ZIGStake program has been particularly impactful in increasing Zignaly’s market presence. With staking rewards of 60,000,000 $ZIG (valued at $6 million), the program has quickly transformed into one of the most significant crypto-staking initiatives in the market today.
To date, the program has already locked in over 15% of ZIG token’s circulating supply, signaling strong community support and confidence in the project.
Broadening Horizons
Zignaly’s upward trajectory hasn’t been limited to community incentives alone, as the project has been actively forging partnerships with leading crypto entities to enhance its overall product suite and global customer reach.
A recent milestone in this regard has been Zignaly’s integration with Binance’s BNB Chain, allowing users to access ZIGStake directly from BNB Chain, offering lower fees, faster transaction speeds, and greater accessibility. The integration has opened doors to the one million-strong BNB Chain Community, further expanding Zignaly’s overall clout.
Also, the first 500 stakers to stake 5000 or more $ZIG on BNBChain are set to be provided with access to a massive reward pool featuring some of the most prominent tokens available in the BNB ecosystem. As things stand, 200 stakers have locked in their $ZIG and secured their share of incentives.
Furthermore, it bears mentioning that since January, Zignaly has collaborated with numerous leading crypto entities, including wallet infrastructure provider Web3Auth, crypto exchange platform HoudiniSwap, incubation and launchpad service Enjinstarter, and trading platform SpectreAI, among others.
Moreover, the project has launched a new initiative called the Wealth Generation Quest, offering early adopters exclusive access to the Wealth Pass and unlocking a world of perks, including exclusive products, private events, grants, prizes, airdrops, and giveaways across the ZIGChain ecosystem.
To elaborate, the quest gamifies several elements of the project’s ecosystem — offering only 100 Wealth Passes available during the first phase — thereby encouraging users to engage with the platform and its backing community.
A Bright Future Ahead
Since its debut, the ZIGStake program has already attracted around 2,000 unique addresses while offering an impressive APY of over 85%. Lastly, with approximately $270,000 in airdrops distributed to date (with more looming large on the horizon), Zignaly is poised to play a significant role in shaping the future of decentralized finance (DeFi). Interesting times ahead.