ZIL: Test Instant Unstaking and the New Staking Portal on Zilliqa 2.0

ZIL: Test Instant Unstaking and the New Staking Portal on Zilliqa 2.0

Zilliqa has launched a groundbreaking staking portal on its Zilliqa 2.0 network, introducing instant unstaking capabilities and dual staking options through its Aventurine proto-mainnet. This upgrade marks a pivotal shift to delegated Proof-of-Stake consensus, enhancing accessibility for 3.7 million wallet holders while addressing previous liquidity constraints in blockchain governance systems.

The new architecture enables users to stake ZIL tokens through EVM-compatible wallets like MetaMask and Rabby, eliminating technical barriers for Ethereum ecosystem participants. Network validators can now test instant unstaking functionality during the final phase before mainnet launch, a feature that could set new industry standards for flexible asset management.

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Zilliqa 2.0 Network Architecture

The transition from hybrid consensus to pure delegated Proof-of-Stake (dPoS) reduces energy consumption by 98% compared to Zilliqa’s original sharded architecture. Network throughput now scales dynamically through:

  • Horizontal sharding for transaction processing
  • Vertical sharding for smart contract execution
  • Adaptive consensus thresholds based on network load

This technical overhaul positions ZIL as one of the first Layer 1 chains to implement three-dimensional sharding, achieving 3,000+ TPS in test environments while maintaining sub-second finality.

Staking Mechanism Innovations

The upgraded portal introduces two distinct staking vehicles:

Feature Liquid Staking Non-Liquid Staking
Lockup Period None 30-90 days
Reward Rate 8.2% APY 12.5% APY
Liquid Token zZIL (Tradeable) N/A

Users can access a risk-free testing environment through Zilliqa’s faucet, which distributes testnet ZIL tokens. The team has allocated $50,000 in bug bounties for stress-testing the unstaking mechanism, with rewards ranging from $5 to $200 for identified vulnerabilities.

Market Impact and Adoption Metrics

Following the announcement, ZIL price surged 5.69% to $0.0118, pushing market capitalization above $230 million. Analysts project potential upside to $0.058 if the upgrade sustains developer activity growth observed in Q1 2025:

  • Smart contract deployments: +142% QoQ
  • Active validators: 1,892 (47% increase)
  • Staked supply: 18.7 billion ZIL (31% of circulating)

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Proof-of-Stake (PoS)
Consensus mechanism where validators stake tokens to secure the network and validate transactions, replacing energy-intensive mining.
Liquid Staking
Method allowing users to stake assets while receiving tradeable tokens representing their staked position, maintaining liquidity.
EVM (Ethereum Virtual Machine)
Runtime environment enabling smart contract execution across Ethereum-compatible blockchains, including Zilliqa 2.0.

This article is for informational purposes only and does not constitute financial advice. Please conduct your own research before making any investment decisions.

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Dean J. DriessenDean J. Driessen

Editor-in-Chief / Coin Push Dean is a crypto enthusiast based in Amsterdam, where he follows every twist and turn in the world of cryptocurrencies and Web3.

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