Zeebu Expands
to Base Network for Scale as Settlement Volume Crosses $4
Billion
Zeebu Expands to Base Network for Scale as Settlement Volume Crosses $4
Billion
by Bitcoinist
5 mins ago
in Press releases
0
DUBAI, Sept. 13, 2024 Zeebu, a leading Web3 payment and settlement
platform, has achieved another major milestone by surpassing $4 billion in
settlement volume on its platform. This growth highlights the platform s
expanding reach and utility across the telecom carrier industry. To continue
scaling its offerings, Zeebu is excited to announce its expansion with Base
Network, a high-performance Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum layer-2 solution incubated by Coinbase.
This marks a critical development in Zeebu’s multichain strategy, designed to
provide faster, more cost-efficient, and scalable settlements.
As part of this expansion, Zeebu has minted 24.4% of its ZBU token supply to
Base, with a total of 1,022,916,666 ZBU tokens now available on Base. This
expansion is part of Zeebu’s broader multichain approach to tap into leading
blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн networks• Телекоммуникации и связь » Компьютерная сеть starting with Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum, Binance Smart Chain, and now Base,
leveraging their strengths to offer enhanced scalability, faster transactions,
and deeper liquidity.
The Zeebu Protocol is dedicated to building a fully decentralized liquidity
engine, designed to transform global settlements by enhancing scalability,
efficiency, and active ecosystem participation. Through the involvement of
Delegators, Deployers, OLPs, and the Governance Council, Zeebu empowers
participants to shape the protocol, ensuring transparency, shared governance,
and opportunities to earn• Телекоммуникации и связь » Компьютерная сеть yield. The expansion to Base, one of the
fastest-growing Layer-2 networks• Телекоммуникации и связь » Компьютерная сеть, aligns perfectly with this vision, providing
greater scalability, lower fees, and increased access for users to engage with
ZBU and participate in decentralized liquidity provisioning.
Zeebu’s ZBU token powers this decentralized ecosystem, facilitating instant
settlements, loyalty rewards, and governance. With the expansion to Base,
Zeebu enhances its ability to provide seamless, cross-border transactions at a
fraction of traditional costs, all while maintaining full transparency and
security.
Base Chain is built on the OP Stack, in partnership with Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum layer-2
blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн Optimism. It offers the same security as Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum with lower fees
and faster transaction times, enabling Zeebu to scale its platform
efficiently. Base processes thousands of transactions per second, supports
Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum s EVM architecture, and is designed for compatibility with
existing Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum dApps, making it a perfect match for Zeebu’s decentralized
solutions.
Why Base Chain for Zeebu Protocol
Faster, Low-Cost Settlements : The expansion to Base enables near-instant,
low-cost settlements for Zeebu’s clients, significantly improving cross-border
payment efficiency.
Increased Scalability : Base s architecture allows Zeebu to handle high
transaction volumes without compromising speed or security, ideal for
enterprise-level settlements.
Deep Liquidity : By leveraging Base’s growing user base and liquidity pools,
Zeebu enhances its capacity to provide liquidity for global B2B• Экономика » Бизнес payments.
Transparency and Security : With Base’s Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum-level security, all
transactions remain fully transparent and secure, reinforcing trust within
Zeebu’s ecosystem.
Fast-Growing DeFi Ecosystem : Base is one of the fastest-growing ecosystems in
DeFi, making it the perfect platform for Zeebu to expand and allow users to
maximize the potential of the ZBU token.
Zeebu has successfully expanded its ZBU token to Base, ensuring a balanced
token supply across Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum, Binance Smart Chain, and now Base. The expansion
was conducted through a burn-and-mint mechanism, carefully aligning token
supplies as per tokenomics. For full transparency, Zeebu has published all
transaction details, including on-chain hashes, in its latest blog post .
The ZBU token contract• Экономика » Бизнес » Сделка on Base can be found here .
“With our expertise in building decentralized settlement solutions and Base’s
cutting-edge Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum layer-2 infrastructure, this expansion marks one of the
most significant milestones in Zeebu’s journey,” said Raj Brahmbhatt, CEO and
Founder of Zeebu . A fusion of Base’s scalability and low-cost
transactions with Zeebu’s commitment to efficient cross-border settlements
will deliver a faster, more cost-efficient, and scalable platform for
enterprise B2B• Экономика » Бизнес payments globally.”
About Zeebu
Zeebu is a Web3 payment and settlement platform specifically built for the
telecom carrier industry. The platform empowers institutions with instant,
cost-effective, and transparent settlement solutions. With the launch of the
Zeebu Protocol , the platform is evolving into a decentralized liquidity
engine, built to decentralize and scale B2B• Экономика » Бизнес settlements.
For more information, visit zeebu.com
Official Website | Twitter | Telegram
About Base
The base is a high-performance Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum layer-2 blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн incubated by
Coinbase and built on the OP Stack in partnership with Optimism . Designed for
scalability and low-cost transactions, Base Chain is fully EVM-compatible and
supports seamless integration with existing Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum applications, making it a
leading choice for decentralized finance (DeFi) and enterprise solutions.
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