Market stats

$1.3M

$13,812.54

+13.95%

236.1M ZAP

45% of total supply

$1.83

+0.02%

-8.21%

-6.33%

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About Zap

What is Zap?

Zap is a cross-chain, multifunctional, decentralized finance protocol based on Binance Smart Chain and Ethereum. BSC is a blockchain network that works on dual-chain architecture and empowers users to set up their decentralized apps. The asset gives important infrastructure created to power the coming wave of decentralized applications (DApps). Platform users can swap tokens, mint NFTs, earn rewards by validating oracle data feed, and create funds with customizable bonding curves. Minting is a method of producing coins for circulation or sale to collectors. The mission of the Zap protocol is to democratize tools that humanize complex smart contract technologies on the blockchain. Moreover, the currency's products are intended to be disruptive and bring change with the suite of DeFi services.

In addition, the ZAP miners have built an oracle system where parties request the value of an off-chain data point, and miners take part in adding this value to an on-chain data bank, attainable by all DApps on BSC. Off-chain transactions occur outside the blockchain, whereas on-chain transactions occur on the blockchain. Stake miners secure the inputs of the data bank of these blockchains. The Zap protocol uses a crypto-economic incentive system where direct data submissions by miners are rewarded and bad actors are punished through the issuance of ZAP, the governance token of Zap. As mentioned on the website, the network marketplace can create, trade, and purchase non-fungible tokens. Moreover, the currency seeks to bring the decentralized exchange in order to help users trade assets securely and quickly with low fees.

Additionally, the Zap protocol is an access method, i.e., utilized by developers and by new individuals who don't hold any experience or resources to become the architect of their blockchain. The currency is simple, powerful, and effective.

Zap is on the decline this week.

The price of Zap has fallen by 6.33% in the past 7 days. The price declined by 8.21% in the last 24 hours. In just the past hour, the price grew by 0.02%. The current price is $0.005582 per ZAP. Zap is 99.69% below the all time high of $1.83.

The current circulating supply is 236,144,465 ZAP.

Zap on social media.

Zap was mentioned in 46 out of 1,982,946 social media posts on Twitter and Reddit on May 25, 2022. 31 unique individuals are talking about Zap and it is ranked #936 in most mentions and activity from collected posts.

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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

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