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ZetaLabs

DeFi • Swapping

A testbed for next gen omnichain dApps

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I have been using ZetaLabs for a few weeks now and I am impressed by the possibilities it offers for cross-chain applications. ZetaLabs is a testing ground for new omnichain decentralized applications built on ZetaChain protocol, which supports interoperability from any chain to any chain, including non-smart contract chains like Bitcoin. One of the first dApps on ZetaLabs is the Omnichain Swap, which allows me to trade assets between any connected chains. It is very easy to use and has a sleek user interface. I can swap Bitcoin, Ethereum, Binance Coin, and other tokens with minimal fees and fast confirmation times. The swap is powered by ZetaChain's hyper-connected nodes, which can sign and verify transactions in each connected chain securely and decentralizedly. ZetaLabs also has a system of ZETA points, which are rewarded to users who test and provide feedback on the dApps. The points can be redeemed for various prizes and incentives. I think this is a great way to encourage community participation and development. However, ZetaLabs is not without its drawbacks. As a testnet, it is still prone to bugs and glitches, which can affect the performance and security of the dApps. Some of the features are not fully implemented yet, such as the ZetaEVM, which will enable developers to create and deploy omnichain smart contracts compatible with EVM. The documentation and tutorials are also not very comprehensive and clear, which can make it hard for beginners to get started. Overall, I think ZetaLabs is a promising platform for exploring the potential of omnichain applications. It has a lot of room for improvement, but it also has a lot of potential. I look forward to seeing more dApps and innovations on ZetaLabs in the future.