## What Is stZETA?

StZETA is a derivative of ZETA that is staked on ZetaEarn. ZetaEarn is a decentralized protocol allowing users to stake ZETA and participate in the consensus mechanism of ZetaChain. Staking helps to secure the ZetaChain network under a proof-of-stake consensus mechanism, which is more energy-efficient and scalable.

ZetaEarn is a liquid staking solution for ZetaChain backed by several industry-leading staking providers. Its main advantage is that it enables participating in ZetaChain’s PoS consensus mechanism without a minimum stake, lock-up period or slashing risks.

ZetaEarn aims to solve these problems by allowing users to stake any amount of ZETA with multiple professional validators who share the slashing risks and provide high uptime. ZetaEarn liquifies ZETA and creates staked ZETA liquid by issuing stZETA tokens. stZETA can then be used for trading, lending, participating in IDO launchpad or as collateral across DeFi applications.

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XDC Network (formerly known as XinFin Network) is a hybrid (public / private) blockchain platform that combines the transparency of public blockchains with the speed and security of private networks. With the help of blockchain technology and state-of-the-art infrastructure, the project intends to provide streamlined financial services to its users.

The protocol’s open-source software uses a delegated-Proof-of-Stake (XDPoS) consensus mechanism, which facilitates fast transactions, interoperability, and cybersecurity. The network can process 2000 transactions per second (TPS), and thanks to interoperable smart contracts and Ethereum Virtual Machine (EVM) compatibility, users can more easily scale their projects.

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