Zetachain

ZetaChain is a public blockchain built on Cosmos SDK and Tendermint Consensus. It aims to solve the problems of connecting different blockchains by offering a transparent, decentralized, and highly connected network that allows seamless communication between any blockchain.

Fully Decentralized: ZetaChain operates as a Proof-of-Stake blockchain, ensuring transparency and security for all transactions. This means no single entity controls the network, making it safer and more trustworthy.

Connected Nodes: ZetaChain's network includes nodes that monitor and interact with various blockchains. This allows for seamless communication and transactions between different blockchains, creating a truly interconnected system.

Omnichain Smart Contracts: Developers can create smart contracts on ZetaChain that interact with multiple blockchains. This enables the development of more versatile and powerful applications that can operate across different blockchain networks.

ZETA: The native cryptocurrency of the ZetaChain network is the ZETA token. It is used to pay for transaction fees and can be staked to support the network's security and governance.

Investment Risk

Crypto Asset Risks

Here are some common risks to understand before investing:

• Investment Risk: Crypto asset performance can be volatile, with value dropping as quickly as it can rise. You should be prepared to lose all the money you invest.

• No Protections: Crypto assets are generally unregulated. You will not have access to financial compensation schemes or ombudsman services in the event something goes wrong with your investments.

• Complex: Crypto assets are complex. Do your own research before investing. If something sounds too good to be true, it likely is.

• Diversification: Putting all your money in a single type of investment is risky. It is good practice not to investment more than 10% of your money in high-risk investments such as crypto assets.

Wrapped Token Risks

Wrapped crypto assets are tokenised representations of other crypto assets. They typically built to facilitate compatibility and interaction across multiple blockchain protocols.

• Smart Contract Risk: Vulnerabilities in smart contracts can be exploited, potentially leading to a loss of funds for wrapped tokens.

• Collateral Risk: The mechanisms ensuring collateralisation may fail, affecting the value of wrapped tokens.

• Custodial Risk: If the custodian of underlying assets becomes insolvent or experiences fraud or hacking, the value of wrapped tokens may be at risk.

• Bridging Risk: Technical issues in integration layers can hamper the transfer and utilisation of wrapped tokens across different blockchain ecosystems.

Pricing Disparity: Market inefficiencies or liquidity issues can cause the price of wrapped assets to diverge from their underlying assets.