{"id":"zilliqa-zil","hidden":false,"ipfs":"QmdiNZDrcaKzzvdFxy24Eac1gWNgNNvn4VJ3tpsGo9mPji","language":"en","transactionHash":"0xc1dd76750a6eba99dbe6659aa186d38bb57f4e3d2c20fc9b8d40751598aa2bb6","created":"2024-02-06T02:38:14.331Z","updated":"2026-07-18T15:04:03.517Z","title":"Zilliqa (ZIL)","summary":"Zilliqa (ZIL) is a scalable and efficient blockchain platform that uses its native token, ZIL, for transactions, network governance, and interaction with dApps.","content":"**ZIL** is the native token of [Zilliqa](https://iq.wiki/wiki/zilliqa), a [blockchain](https://iq.wiki/wiki/blockchain) platform that focuses on scalability and efficiency in transaction processing. It is used for various purposes on the platform, including [transaction fees](https://iq.wiki/wiki/transaction-fee) and participating in the network's governance.  It enables interaction with all [dApps](https://iq.wiki/wiki/decentralized-application) and platform services within the [Zilliqa](https://iq.wiki/wiki/zilliqa) ecosystem. ZIL can be utilized for various purposes, including payment for goods and services, purchasing and selling [NFTs](https://iq.wiki/wiki/non-fungible-token-nft), etc. [\\[6\\]](#cite-id-q7eiqfu16f)​\n\n## Tokenomics\n\nThe total supply is 21,000,000,000 ZIL. The initial token launch date was August 31st, 2017, and the initial distribution of ZIL was as follows: [\\[5\\]](#cite-id-5ts2rmgjo15)​\n\n* 30.00% allocated to Early & Community Contributions\n* 40.00% allocated to [Mining](https://iq.wiki/wiki/mining) Rewards\n* 30.00% allocated to Company, Team, Agencies\n\n![content\\_ZIL\\_Allocation.png](https://ipfs.everipedia.org/ipfs/Qmd4m1g63gHCtTgVGn7SSwBFPppXXmR9aAfg7fyX63Kb62 \"content_ZIL_Allocation.png\")\n\n### Token Generation Event\n\n​[Zilliqa](https://iq.wiki/wiki/zilliqa) launched its first Token Generation Event (TGE) in December 2017 to help sustain the research and development of [Zilliqa](https://iq.wiki/wiki/zilliqa) and facilitate [dApp](https://iq.wiki/wiki/decentralized-application) development and adoption of the platform. 60% of the finite supply of tokens was launched at this TGE. [\\[2\\]](#cite-id-celfuqcaz)​\n\n[YOUTUBE@VID](Q3vMG_ODG3Y)\n\n## Governance ZIL (gZIL)\n\nGovernance ZIL (gZIL) is the [governance token](https://iq.wiki/wiki/governance-tokens) for the [Zilliqa](https://iq.wiki/wiki/zilliqa) network. It allows long-term token holders to engage in ecosystem decisions. Each gZIL token represents one vote, and voting power scales according to the amount held. [\\[4\\]](#cite-id-8rqaj6r8ldq)​\n\n[YOUTUBE@VID](nP8C-0DIqYs)","recentActivity":"{\"items\":[{\"id\":\"6030174d-538d-4dd5-a811-2439739cd030\",\"title\":\"Zilliqa (ZIL)\",\"description\":\"Zilliqa (ZIL) is a scalable and efficient blockchain platform that uses its native token, ZIL, for transactions, network governance, and interaction with dApps.\",\"timestamp\":\"2026-07-18T15:03:14.696Z\",\"category\":\"Cryptoassets\",\"status\":{\"icon\":\"RiGlobalLine\",\"label\":\"Wiki Updated\",\"iconClassName\":\"text-green-500\"},\"user\":{\"name\":\"0xcAF1CD3c9C76382E38fd813aecf103325ebD0dbE\",\"address\":\"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138\"},\"button\":{\"label\":\"View Summary\",\"icon\":\"RiFileTextLine\"},\"summarySections\":[{\"title\":\"Tags\",\"subtitle\":\"Tag entries were changed: some tags removed, one added, and the tags array was cleared.\",\"variant\":\"modified\",\"changeCount\":4,\"changes\":[\"Removed tag id 'cryptocurrencies' (title: 'Cryptocurrencies')\",\"Added 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