Zilliqa Announcement

This week, we're diving into all things Consensus which is one of core features of Zilliqa 2.0 :

I think we are all in agreement that Zil2.0 will be better than Zil1.0?

Want to learn more - stay tuned this week 👂

🚨 X-Bridge Returning to Limited Operations 🚨

We are now bringing X-Bridge back online in a restricted capacity as we continue working to ensure security and stability.

The platform is currently being manually monitored and aims to process transactions on a daily basis. These transactions will therefore take significantly longer than usual to process, so please expect delays.

Note that zETH and zBNB will not be available for bridging until the related mitigation measures have been put in place.

For full details on our corrective actions following an issue with X-Bridge, read our previous blog post:

https://blog.zilliqa.com/overview-and-mitigation-of-x-bridge-exploit/

Thank you for your patience and support! Stay tuned for further updates.

On Feb 6, an attacker exploited a vulnerability on X-Bridge that allowed the unauthorised minting of zETH & zBNB.

To mitigate the effect of this exploit, we are implementing a number of corrective actions together with stricter security measures as X-Bridge returns to operation.

We acknowledge this update has taken some time - however, it was important for our team to fully understand the issue and confirm a resolution before sharing details publicly.

We appreciate the Zilliqa community's patience and understanding as we work to resolve this issue.

Read the full update: https://blog.zilliqa.com/overview-and-mitigation-of-x-bridge-exploit/

🚨 X-Bridge Security Incident - Update

We are actively investigating the recent security incident affecting zETH and zBSC tokens on X-Bridge and subsequently impacting the ZIL/zETH pool on ZilSwap. At this stage, our team is working on a recovery plan to mitigate the impact on token holders and ZilSwap users.

We want to assure the community that any measures implemented to address this exploit will honour existing bridged token contracts and prioritise reimbursement for those who provided liquidity to the ZIL/zETH pool on ZilSwap.

As a precautionary measure, we strongly advise against swapping zETH on ZilSwap and urge all users to withdraw their liquidity from the ZIL/zETH pool immediately. X-Bridge operations remain suspended until further notice.

We are contacting police and relevant authorities to this matter. If the perpetrator chooses to return the funds in the next 48 hours, we will drop this investigation and award them 5% of the returned funds as a bounty payment.

Any independent party who helps us to identify and recover the funds lost due to this exploit will be awarded a bounty of 10% of funds recovered.

We appreciate your patience and vigilance. A detailed post-mortem report will be shared once our investigation is complete.

🚨Security Incident Update:

We have identified a security incident affecting X-Bridge, and our team is actively investigating the situation.

As a precaution, we have temporarily suspended all bridge operations to prevent further impact. We strongly advise users to refrain from interacting with the bridge until further notice.

Our investigation is underway, and we are diligently assessing the exploit while working to recover any affected funds. We remain committed to providing timely updates as more information becomes available.

User safety and fund security are our highest priorities. In response, we are implementing enhanced security measures to mitigate future incidents.

A comprehensive post-mortem report will be shared once our investigation is complete.

Preliminary findings indicate that approximately 120 ETH has been compromised in this exploit.

Note - As a precaution, please DO NOT swap any zETH on ZilSwap at this time and remove any liquidity you have in a zETH pool.

Big staking changes are coming with Zilliqa 2.0

On Zilliqa 2.0, SSNs will be replaced by a full Proof-of-Stake system that is more efficient and decentralised. Under this new system, stakers play an active role in network security and should make a considered decision around which validator to delegate their stake to.

For a full breakdown on how staking is changing in Zilliqa 2.0, read our recent blog post.

AI agents have arrived on Zilliqa

January was a busy month for the AI space, and Zilliqa has been right there in the mix with other major networks in unlocking tools for AI agents and developers.

GOAT (Great Onchain Agent Toolkit), the first open-source framework for connecting AI agents to on-chain applications, now supports the Zilliqa network. We also announced that ElizaOS now supports the Zilliqa blockchain.

A couple of AI agents have already made their home in the Zilliqa community - check out Ava Stallion and Taco cat.

Completed migration of ZilBridge to X-Bridge

January saw the migration from ZilBridge to X-Bridge completed, with all supported token pairs moved over the new EVM-native platform.

Read more about the migration from ZilBridge to X-Bridge.

AMAs and partnerships

The Winners Circle held an AMA on the future of its $HRSE token, exploring everything from the token’s growing utility to an upcoming new game.

January also saw Zilliqa announce a new partnership with Request Finance, offering businesses operating on the scalable and easy-to-use Zilliqa network a more efficient way to manage finances.

An exciting year ahead

With the mainnet launch of Zilliqa 2.0 fast approaching, our team is focused on finalising the proto-mainnet to ensure a seamless transition with the launch of Agate: https://blog.zilliqa.com/zilliqa-monthly-newsletter-january-2025/

Stay up to date with the latest news by following us on X and subscribing to the Zilliqa blog.

With the upcoming launch of Zilliqa 2.0, staking will shift to Proof-of-Stake (PoS), improving security, efficiency, and decentralisation. Here’s what you need to know:

➡️ The old staking system relies on Staked Seed Nodes (SSNs), which operate under a permissioned system and require a minimum stake of 10M $ZIL.

➡️Zilliqa 2.0 replaces miners with PoS validators that stake ZIL as collateral. This enhances decentralisation, reduces costs, and improves efficiency.

➡️Staking on Zilliqa 2.0 will have two components:
✔️ A deposit contract for anyone to become a validator
✔️ Delegation contracts for users to stake ZIL with validators

➡️A new staking portal will make delegation simple. Users can choose between:
✔️ Non-liquid staking – manual reward withdrawals
✔️ Liquid staking – tradable tokens that accrue rewards

➡️Next steps for stakers and validators:
✔️ New validators must run a node and stake $ZI
✔️Delegators will need to move to new contracts
✔️A migration guide is coming soon!

Learn how staking is changing in Zilliqa 2.0: https://blog.zilliqa.com/how-staking-will-change-with-zilliqa-2-0/

Ever wondered how AI will buy stuff?🤔

Robots can’t use credit cards because they can’t pass the security checks. But they can use the blockchain.

AI agents allow you to elevate your brand with 24/7 active social media profiles powered by AI, which when seamlessly integrated with the blockchain supercharge your online presence and offer an easy way to get users into the world of Web3.

We’re excited to share that ElizaOS, the market leading AI Agent framework, now supports the Zilliqa blockchain via the GOAT framework for onchain actions, allowing AI agents built with Eliza to transact on our network.

The next era of digital engagement and onboarding for blockchains is here, and Zilliqa is at the cutting edge.

Check out Ava Stallion and Tacocat to take a look at how AI agents are bringing new, intent-driven ways to engage.

Read more: https://blog.zilliqa.com/elizaos-now-supports-zilliqa-onchain-actions/

What is Proof-of-Stake (PoS)?

With Zilliqa 2.0, we're introducing Proof-of-Stake (PoS)—a faster, more efficient consensus mechanism for the next evolution of our blockchain.

Here’s how it works:

✅ Validators stake $ZIL as collateral to propose blocks and earn rewards from transaction fees—no mining required!
✅ It’s energy-efficient, scalable, and maintains strong security by making attacks costly for malicious actors.

Why the shift? PoS outperforms traditional Proof-of-Work (PoW) by consuming less energy while enabling a faster, more decentralised network.

Learn more about PoS and how it powers Zilliqa 2.0: https://blog.zilliqa.com/what-is-proof-of-stake-pos/

🤖ICYMI: AI Agents are coming to Zilliqa!

The GOAT framework for connecting AI agents to on-chain apps now works with Zilliqa, unlocking new opportunities for everything from onboarding to DeFAI.

A few AI Agents are already live on the blockchain - Ava Stallion, Tacocat.

Read more: https://blog.zilliqa.com/goat-brings-easy-ai-agent-integration-to-zilliqa/

Migration Completed! 🎉

The migration from ZilBridge to X-Bridge has been completed. You can now transfer tokens seamlessly between Zilliqa and supported networks using https://xbridge.zilliqa.com.

We appreciate the patience from the Zilliqa community as we transitioned to this new platform.

Dear Community,

The team has worked diligently over the past few hours, and we are pleased to announce that the network recovery is now complete.

Full functionality has been restored to the Zilliqa mainnet, and you may now resume transacting on the network.

Thank you for your patience and continued support.

Dear Community,

We noticed an issue with Look-up nodes going out of sync, which has unfortunately resulted in transactions not reaching the blockchain for processing.

We will be restoring the Zilliqa network now to fix this issue. Please note that the network will not be processing transactions during this time.

We really appreciate your patience and deeply regret any inconvenience this may cause. Rest assured, our team is working tirelessly to resolve the issue as swiftly as possible.

Note - Funds are SAFU. If you can't see funds in your wallet, You can always check it on-chain by going to https://viewblock.io/zilliqa. Add your Zil address in search box & hit enter.

GOAT is now live on Zilliqa! 🎉

Brands can now build fully autonomous AI agents 🤖 with seamless access to Zilliqa’s financial rails—making on-chain activation easier than ever.

GOAT (Great Onchain Agent Toolkit) now supports EVM wallets (MetaMask) and Scilla wallets on the Zilliqa network, folding the Zilliqa network into a cross-chain AI agent ecosystem spanning 30+ blockchains.

What this means for Zilliqa:

✅ Effortless AI agent integration
✅ Broader reach with multi-chain compatibility
✅ Simplified, faster AI dApp development

Ready to activate on-chain AI agents with Zilliqa? Get in touch with our team!

Explore the full announcement: https://blog.zilliqa.com/goat-brings-easy-ai-agent-integration-to-zilliqa/

Attention Zilliqa Stakers! 🔈

As part of the recently passed proposal through decentralised governance, all SSN operators are required to set their commission rate to 8%.

The following operators have not yet adjusted their rate:

▶️Huobi
▶️Nodamatics
▶️EZIL

⚠️Please Note: These operators will not earn staking rewards until they comply with the proposal. We recommend avoiding moving your staked $ZIL to these operators, as their rewards will be paused until their rates are updated.

Learn more here: https://zilstream.com/vote/gzil/QmfHiG2vkzp1LW6oEY5QDvm3vhATTQJZd17UGjV9NTLWag

We’re proud to announce our partnership with Request Finance to empower businesses on Zilliqa with efficient financial tools.

This collaboration combines Zilliqa’s high-performance blockchain with Request Finance’s user-friendly platform, enabling companies to streamline both crypto and fiat transactions with ease.

Learn more about this partnership: https://blog.zilliqa.com/zilliqa-partners-with-request-finance-to-simplify-web3-finance/

As we close out 2024, we’re excited to share this month’s key highlights, including the launch of Aventurine, the final step towards Zilliqa 2.0 mainnet. Let’s take a look at the progress made and what’s coming in 2025!

Aventurine Launched

We successfully deployed Aventurine, the proto-testnet and proto-mainnet, marking the final milestone before Zilliqa 2.0’s mainnet launch. Aventurine gives developers a powerful testbed to prepare for the new Zilliqa network.

Preparing for Zilliqa 2.0 Mainnet

With Aventurine live, all focus shifts to the Agate mainnet launch in Q1 2025. The extension of the Aventurine testing phase ensures devs and dApps transition smoothly to Zilliqa 2.0

Empowering GZIL Holders

The community voted to form the GZIL Collective Committee, empowering GZIL holders to allocate funds for Zilliqa ecosystem growth. This is community-driven innovation at its best!

Partnering with Brillion

Zilliqa has partnered with Brillion to bridge real-world assets (RWAs) and DeFi to the new Zilliqa 2.0 blockchain. This collaboration will enable cross-chain connectivity and drive Web3 adoption.

Looking Ahead to 2025

We wrapped up the year at #ETHRiyadh (Dec 1–3), where we showcased Zilliqa 2.0’s ability to plug into the EVM ecosystem. Next up: delivering Agate, the Zilliqa 2.0 mainnet, in Q1 2025.

Read all the highlights here: https://blog.zilliqa.com/zilliqa-monthly-newsletter-december-2024/

✨As the year comes to a close, we want to take a moment to express our gratitude to our incredible community of supporters, builders, and visionaries. Thank you for being part of our journey.

Let’s make 2025 extraordinary—together. 🚀

🎄 On the 12th day of ZILmas, we are highlighting the launch of The Winners Circle 🚀

This exclusive Web3 loyalty programme brings the thrill of horse racing to a new generation of fans.

🏇 Dive into the action: https://fans.thewinnerscircle.io/login

Merry ZILmas from all of us at Zilliqa! 🎅✨

See you in 2025 Zilfam !💪

🎄 On the 11th day of ZILmas, we celebrate Fireblocks joining the Zilliqa family!

This integration opens the door for institutional investors, boosting adoption across the Web3 space.

👉 Learn more: https://blog.zilliqa.com/zilliqa-opens-to-institutional-investors-through-integration-with-fireblocks/