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Home»Blockchain»Cronos ZkEVM announces launch of points program
Blockchain

Cronos ZkEVM announces launch of points program

2024-07-05No Comments2 Mins Read
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Cronos zkEVM announces the Pioneer program, which is designed to reward early adopters for interacting with dApps on the platforms. The incentive program will recognize early supporters of the ecosystem ahead of the mainnet launch in the third quarter.

Over the coming weeks, the Pioneer program – which offers a variety of social and community missions – will gradually launch. Through these quests, users can explore Cronos zkEVM features and services and earn loyalty points. Participants can claim their points as the program progresses by using ecosystem dApps.

To compensate users in both native dApp tokens and CRO tokens, participating dApps are expected to provide additional token revenue and other benefits to point holders. Users who own crypto assets like CRO can earn three different types of returns through this multi-tiered rewards system.

πŸ›€οΈ Make your way to rewards with Cronos zkEVM Passage

🎁 The Cronos zkEVM Passage campaign is here, rewarding #CROFam users with loyalty points for bridging assets to Cronos zkEVM as we approach Mainnet launch.

πŸ“… From now until the launch of zkEVM mainnet

πŸ’° Accepted tokens: CRO… pic.twitter.com/QPysKgN3qx

β€” Cronos (@cronos_chain) July 4, 2024

Firstly, the return obtained by deploying liquid assets such as zkCRO. Second, the DeFi yield produced by the ecosystem’s various DeFi protocols. Third, loyalty point holders will receive additional revenue from participating dApps.

Ken Timsit of Cronos Labs emphasized how important it is for the community to provide feedback and help refine the testnet in the run-up to launch. Leading up to the mainnet launch, the Pioneer Program rewards their contributions and increases their involvement. In collaboration with Veno Finance, the Cronos zkEVM Passage campaign is launching the Pioneer Program.

See also  LSEG plans to launch an on-chain settlement system for tokenized assets by 2026

Users can earn points by locking and staking CRO between July 4 and the mainnet launch in bridge contracts powered by Veno on the Ethereum mainnet or Cronos EVM blockchain. After the launch of the mainnet, the collected points and betting returns will be made available.

With more than 500 application developers and more than 100 million users, Cronos is committed to enabling secure and easy self-management in Web3, especially for decentralized finance and gaming. The ecosystem’s components, which support a stable blockchain environment, include Cronos EVM, Cronos POS and Cronos zkEVM, a new high-performance layer-2 network.



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