The goal of this proposal is to extend $ZYPTO to additional blockchains via Chainlink CCIP, allowing Zyptonians to choose the chain that best fits their needs while maintaining a single unified supply and consistent tokenomics. If approved, the framework will involve using Chainlink CCIP to enable secure bridging between Ethereum (the origin chain) and new networks, with no ERC-20 migration required. Tokens bridged from Ethereum would be locked in the CCIP contract, and representations would be minted on the destination chain. When tokens are moved back from a secondary chain, they would be burned on that chain and unlocked from the origin contract.
The total circulating supply of $ZYPTO will remain unchanged, the existing buy/sell tax structure will persist across all supported chains, and ZYPS incentives will continue to be distributed to holders on every supported network to ensure fairness. This expansion aligns with Zypto’s cross-chain vision for global accessibility, expands exposure to new crypto communities and ecosystems, enables cross-chain arbitrage opportunities that can boost trading volume, and empowers Zyptonians to choose which chain they prefer for holding or trading.
Initial investigations indicate that the only significant expense for implementation would be providing seed liquidity pools on each newly supported chain—a one-time setup cost designed to bootstrap trading activity and accessibility.