ZRC-2 Token: Everything You Need to Know

When working with ZRC-2 token, a fungible token standard on the Zilliqa blockchain that mirrors ERC‑20 behavior. Also known as Zilliqa token standard, it enables developers to create transferable assets, reward mechanisms, and utility tokens. The standard defines how tokens are issued, transferred, and queried, making it the go‑to choice for anyone building on Zilliqa.

Key Concepts Linked to ZRC-2

The Zilliqa blockchain, a high‑throughput, sharded platform. It provides the infrastructure that powers ZRC-2 tokens, delivering fast finality and low fees. ZRC-2 token requires smart contracts, self‑executing code that enforces token rules. These contracts handle minting, burning, and balance checks without manual oversight.

Another crucial piece is tokenomics, the economic design behind a token’s supply, distribution, and incentives. Good tokenomics influences the market perception of a ZRC-2 token, drives participation in airdrops, and sustains long‑term value. For example, a well‑structured airdrop can bootstrap network effects while keeping inflation under control.

Because airdrops are a popular way to distribute ZRC-2 tokens, understanding the mechanics matters. An airdrop typically ties eligibility to on‑chain actions—like holding another token or staking—so participants earn tokens automatically. The combination of tokenomics and smart contracts ensures that the airdrop is fair, transparent, and verifiable.

All these pieces—Zilliqa’s scalability, smart‑contract enforcement, solid tokenomics, and strategic airdrops—form a tightly linked ecosystem. Together they make the ZRC-2 token a versatile tool for DeFi projects, gaming assets, and community rewards.

Below you’ll find a hand‑picked collection of articles that break down exchange reviews, airdrop strategies, and real‑world use cases, giving you a clear path to leverage ZRC-2 tokens in your own projects.

ZilSwap Review: Deep Dive into the Zilliqa DEX

By Robert Stukes    On 13 Nov, 2024    Comments (24)

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A detailed review of ZilSwap, the Zilliqa‑only DEX. Learn how its AMM works, fees, security, wallet support, and how it stacks up against Uniswap and PancakeSwap.

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