Blockchain
Zero-knowledge rollup solution zkSync Era has added its first liquid staking protocol, Rocket Pool, to its network.
ZkSync Era first launched on Ethereum in March. Including Rocket Pool, 58 projects are now live and working on the Layer-2 solution.
Users have the option to stake ether (ETH) on Era by holding rETH in their wallets, with staking rewards happening automatically, just like on mainnet.
Nick Ashley, Rocket Pool’s marketing manager, told Blockworks that Rocket Pool has faced specific challenges in keeping the protocol running smoothly while staying true to the ethos of decentralization and staying permissionless.
“These include shuttling validator states and balances from the Beacon Chain to the Execution Layer, monitoring for protocol compliance, and calculating rewards,” Ashley said.
The liquid staking derivative closely monitors industry developments, whether that be distributed validation technology or zero-knowledge (zk) proof technology, Ashley noted.
Following the implementation on Era, Rocket Pool’s research team explored how zk-proof technology could help with competing oracle tasks in an even more decentralized way than is currently the case.
“Potential benefits include reduced costs, increased efficiency and reliability, and an overall more streamlined system,” said Ashley. “But at the same time, this comes with an abundance of caution and a strong culture of safety.”
The liquid staking derivative is also currently being wagered on bullish rollups Arbitrum and Optimism, and Ashley remains cautious about betting on new networks.
“The most important factors to consider when choosing the network to launch is whether there are similar shared core values […] we are committed to helping the ecosystem grow and scale, while also remaining secure and decentralized. We are always open to considering a launch elsewhere, but have no immediate plans at this time.”