CoinYQ Dossier

One ticker crosses from a platform account into consensus

ZIG first made sense inside Zignaly: hold the token, enter a social-investment economy, and let professional managers trade pooled balances. Its supply lived in familiar Ethereum and BNB Chain contracts. ZIGChain changed the noun. ZIG became the native gas and stake of a sovereign chain with 2.5 billion at genesis. What survived was the ticker and community. What changed was the monetary ledger, the punishment for bad validators, the meaning of a vote and the route by which an old contract balance becomes chain money.

Before consensus, there was a managed account

Profit Sharing pooled investors inside Binance subaccounts so one Wealth Manager could trade a common book. The manager had trading permission but not withdrawal permission, and success fees used a high-water mark. The product’s rights lived in platform accounting and operator terms, not in the ZIG contract.

That distinction became visible in 2026. Trading services left the public marketplace on 31 August, although existing positions continued. An exit first required a manager to release liquidity into the Zignaly balance, with external withdrawal as a second action. The service update permits exit requests and gives managers seven days to release funds; failure leads to service closure and settlement. Funds return first to the Zignaly balance, with an external-wallet withdrawal as a separate step.

Two billion becomes two and a half

The legacy Ethereum token at 0xb2617246d0c6c0087f18703d576831899ca94f01 reports a two-billion maximum; BNB Chain used 0x8c907e0a72c3d55627e853f4ec6a96b0c8771145. Native mainnet instead began with 2.5 billion and labeled 1,726,440,444 circulating. The extra accounting belongs to ZIGChain genesis, not an unnoticed increase inside the old ERC-20.

The new ledger sets 445 million for founders, 100 million for the Foundation reserve, 187.5 million for subsidies, another 187.5 million for development and 125 million for long-term rewards. Founder and reserve clocks run thirty months from January 2026.

A bridge changes representation and precision

Ethereum ZIG reaches the chain through Axelar. The Token Wrapper locks the incoming IBC form and releases `uzig`, dividing 18-decimal accounting into the native six-decimal scale. BNB Chain holders currently route through Ethereum first.

This is more than a wallet cosmetic. A wrong network can strand funds; bridge availability, fees and rounding sit between representations. Native `uzig` alone pays protocol gas and enters consensus staking.

Bonded coins vote, validators can be cut

Only stake bonded to an active validator counts in governance. Current docs cite 10,000 ZIG to fund a proposal, four voting days and quorum and veto thresholds near 33.4%. A validator votes for passive delegators, but a delegator can override it.

Proof of stake gives that vote a cost. Downtime or conflicting signatures can slash the validator and its delegators. Regular upgrades follow proposals, while urgent releases can bypass the vote through a coordinated halt or patch, even with binaries shared privately before disclosure.

Revenue can buy ZIG without owing holders revenue

Tokenomics 2.0 describes ZIG Markets using some realized revenue for market acquisitions. It also says timing, amount, venue and repetition remain discretionary. A subsequent standard vote may retire acquired tokens or direct them to an ecosystem pool.

The Foundation terms exclude equity, debt, dividends, revenue, treasury, liquidation, redemption and fiduciary claims arising merely from holding ZIG, except where mandatory law or a separate agreement provides otherwise. This token disclaimer does not remove the exit and settlement rights of a separately contracted Profit Sharing position. Zignaly’s operators and the Cayman Foundation remain separate counterparties.

How the project changed

  1. 2021
    ZIG trades as an Ethereum platform token

    The legacy ERC-20 established a two-billion maximum around Zignaly’s social-investment model.

  2. 2024-12-02
    Zignaly community channels are renamed for ZIGChain

    The project makes the blockchain identity its community umbrella while describing Zignaly as the gateway product.

  3. 2025-04-25
    ZIGChain Foundation is incorporated

    The Cayman foundation company later named in current documentation is registered.

  4. 2025-06-25
    ZIGChain Mainnet Beta goes live

    ZIG becomes native gas, stake and governance money on `zigchain-1`.

  5. 2025-11-05
    Native reward claims open

    Eligible pre-mainnet stakers could claim on ZIGChain after meeting bridge conditions.

  6. 2026-01
    Founder and Foundation vesting begins

    Two disclosed 30-month linear schedules start while dynamic subsidy issuance supports validators.

  7. 2026-08-31
    Trading services leave the marketplace

    Existing Profit Sharing positions continue, but public discovery and new service creation change.

Evidence and primary sources

Last evidence review: 2026-09-05

What is ZIGChain?

ZIGChain is a Cosmos-style proof-of-stake Layer 1 for DeFi, tokenization and wealth-management modules. Its native coin is ZIG on `zigchain-1`, represented as six-decimal `uzig`. It pays gas, bonds validators, backs governance and can serve as DeFi collateral. Ethereum and BNB Chain ZIG are older 18-decimal contract forms, not separate projects, but moving between them and native ZIG requires supported bridge routes.

Zignaly is a separate investment platform in the same ecosystem. It manages accounts, KYC, Z-Indexes and legacy Profit Sharing services. Owning ZIG does not put funds into a Zignaly service, and investing through Zignaly does not automatically stake ZIG or vote on ZIGChain.

What problem does ZIGChain solve?

Zignaly’s original problem was access: pool investor balances so a Wealth Manager could execute one strategy with equal performance and charge only after new high-water-mark profit. That requires custody rails, manager permissions and an exit process.

ZIGChain tackles a different problem: make fees, staking, governance and financial modules public-chain primitives. Turning a platform token into native money created continuity for old holders, but also changed total supply from the legacy contract’s two billion to a 2.5-billion genesis and added inflation, slashing, validators and emergency upgrades.

How does ZIGChain work?

Native ZIG pays every protocol gas fee and can be delegated to an active validator. Only bonded stake counts in governance; validator choices are inherited unless a delegator votes directly. Both self-stake and delegated stake can be slashed. Regular state-breaking upgrades can pass governance, while critical fixes may use a coordinated halt or private patch before disclosure.

The official wrapper receives Axelar’s 18-decimal representation from Ethereum, locks the IBC voucher and releases the corresponding six-decimal native units. BNB Chain currently lacks a direct official route, so its holders first reach Ethereum. The precision change and third-party routing make network selection part of the asset’s identity.

On Zignaly, Profit Sharing uses pooled Binance subaccounts and a manager with trading-only permissions. A service exit returns funds to the Zignaly balance before a separate wallet withdrawal. Existing services continued after 31 August 2026, but disappeared from the public marketplace and managers gained a seven-day release deadline.

Key facts

  • Native ZIG uses chain-id `zigchain-1`, denom `uzig` and six decimals.
  • Legacy ZIG contracts are 0xb2617246d0c6c0087f18703d576831899ca94f01 on Ethereum and 0x8c907e0a72c3d55627e853f4ec6a96b0c8771145 on BNB Chain, each with 18 decimals.
  • The Ethereum contract reports a two-billion maximum; native mainnet genesis is 2.5 billion ZIG.
  • Mainnet allocation labels 1,726,440,444 ZIG, or 69.06%, as circulating at launch.
  • Founders receive 445 million and the Foundation reserve 100 million, each on 30-month linear vesting from January 2026.
  • Stake subsidies total 187.5 million and use dynamic issuance; current documented inflation is 1%–2%.
  • Only bonded stake with active validators has governance weight; a delegator can override the validator’s inherited vote.
  • Validator and delegator stake can both be slashed.
  • Critical upgrades may be coordinated through non-governance halts or patches.
  • Zignaly removed trading services from its public marketplace on 31 August 2026 while existing services continued.

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Frequently asked questions

Is ZIG still the two-billion ERC-20?

That contract still exists on Ethereum, but current ZIGChain economics use a 2.5-billion native genesis. Treat the ERC-20, BEP-20 and `uzig` as chain-specific forms and verify the supported bridge or exchange network.

Why did supply become 2.5 billion?

The mainnet allocation added founder, Foundation, staking-subsidy, ecosystem and community-reward buckets around the existing community. It is a new native-chain allocation, not a mint performed by the old Ethereum contract.

Does bridging change my economic amount?

The wrapper converts 18-decimal Axelar units to six-decimal native units. The intended whole-token value is preserved, but precision, fees, routing and minimum handling matter; use the displayed receive amount.

Can liquid ZIG vote?

No. Only ZIG bonded to active validators counts. A validator’s vote is inherited by delegators unless they cast their own vote.

Can delegated ZIG be slashed?

Yes. Current validator docs say both validator and delegator stake can be reduced for downtime or consensus faults.

Are ZIG Markets buybacks guaranteed?

No. The whitepaper makes acquisitions discretionary and subject to treasury policy, commercial needs and law. Acquired tokens may be retired, pooled or used elsewhere after the applicable governance process.

Does ZIG ownership give a claim on Zignaly Profit Sharing?

No. A Profit Sharing position is a separate platform account and pooled strategy. ZIG ownership grants no right to its balances, performance fees or manager activity.

Who owes holders legal duties?

ZIGChain Foundation governs its own interfaces; Zignaly names Highend Technologies LLC and Merritt Administrators (Pty) Ltd as platform operators. The Foundation terms exclude equity, debt, dividends, revenue, treasury, liquidation, redemption and fiduciary claims arising merely from holding ZIG, except where mandatory law or a separate agreement provides otherwise. This token disclaimer does not remove the exit and settlement rights of a separately contracted Profit Sharing position. Zignaly’s operators and the Cayman Foundation remain separate counterparties.

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