Horizen has completed the token migration, ZEN has been converted to Base chain ERC-20 Token, launching a three-layer privacy AppChain.

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According to Mars Finance, The Block reported that the Horizen blockchain has migrated its native Token ZEN from the original L1 mainchain to the Base chain and has converted it into a standard ERC-20 Token as part of its Horizen 2.0 three-layer privacy AppChain deployment. The total supply of ZEN remains unchanged at 21 million coins. The project party stated that this is the first step for Horizen to reboot its ecosystem with privacy at its core. Previously, Coinbase stated that it would automatically complete the conversion from the mainchain ZEN to Base chain ERC-20 Token for its users.

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