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  1. ZILBRIDGE

2021 Overview

A rundown to our 2021 milestones

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Last updated 2 years ago

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2021 Milestones

The ZilBridge mainnet launch was rolled out over the span of a few weeks in 2021. Here is a summary of our milestones:

Milestone

Details

29 Sep ZilBridge Mainnet Launch

Users can begin:

  • Bridging WBTC, ETH, and USDT assets between Zilliqa and Ethereum networks;

  • Providing liquidity in zWBTC-ZIL, zETH-ZIL, and zUSDT-ZIL pools on ZilSwap; and

  • Trading zWBTC, zETH, and zUSDT on ZilSwap.

6 Oct

ZilBridge Incentives go LIVE

Bridging incentives and Lightning Liquidity Mining Rewards will kick in on Wednesday, 6 Oct โ€” meaning liquidity providers will start to earn $ZIL and $ZWAP rewards on zWBTC-ZIL, zETH-ZIL, and zUSDT-ZIL pools, and be able to claim these rewards the following week.

13 Oct

Incentive Distribution

Starting 13 Oct, eligible liquidity providers will receive the following liquidity pool incentives:

  • $ZWAP: The three new pools will be eligible to receive ZWAP rewards as long as they meet the criteria outlined in . Reward amounts will be automatically determined before the start of the epoch (every Wednesday) based on the LIP-9 proposal.

  • $ZIL: A bonus of 45.3m $ZIL (US $3.75m) (target APR of 50%) has been set aside to reward liquidity providers on the three pools. These rewards will be distributed over a span of 6 weeks so users are strongly encouraged to get into the pools early to maximise their yields

๐ŸŽ
LIP-9 of ZilSwapโ€™s Lightning Liquidity Programme