ZEDX Coin Wrappers
Last updated
Last updated
Interoperability with other major blockchains is essential for the growth of ZEDXION and the realization of its vision. One way to achieve this is by creating wrapped versions of the ZEDX coin on other blockchains.
Unlike ZEDX on the ZEDXION network, these wrappers are ZED20 standard tokens. A wrapper is created whenever users lock a certain amount of ZEDX on ZEDXION and receive an equivalent amount of wrapped tokens on the target blockchain. When a user withdraws the wrapper from the target blockchain, these tokens are burned, and the corresponding ZEDX coins on ZEDXION are unlocked.
Currently, wrapped versions of the ZEDX coin exist on the ZEDXION network, Ethereum, and Binance Smart Chain (BSC).
Token contract:
Token contract:
Token contract:
On the ZEDXION network, WZEDX (Wrapped ZEDX) can be obtained directly by depositing ZEDX coins into the designated wrapping contract. This allows users to convert their ZEDX into WZEDX on ZEDXION seamlessly, enabling them to interact with applications that require the ZED20 standard.
These wrappers provide ZEDXION users with access to decentralized applications and liquidity on other major networks, supporting ZEDXION’s interoperability and expansion goals.