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HomeCryptoBlockchainCronos ZkEVM Declares Launch of Factors Program

Cronos ZkEVM Declares Launch of Factors Program

Cronos ZkEVM Declares Launch of Factors Program

Cronos zkEVM declares the Pioneer Program, which is designed to reward early customers for interacting with dApps on the platforms. The incentivization program will acknowledge early supporters of the ecosystem forward of the mainnet launch in Q3.

Over the approaching weeks the Pioneer Program — which provides quite a lot of social and neighborhood missions — will launch step by step. By means of these quests, customers can discover Cronos zkEVMs options and companies and earn loyalty factors. Contributors will have the ability to declare their factors as this system advances through the use of ecosystem dApps.

As a way to compensate customers in each native dApp tokens and CRO tokens, taking part dApps are anticipated to offer further token yields and different benefits to level holders. Customers who personal crypto belongings similar to CRO can earn three completely different sorts of yield by way of this multi-layered reward system.

🛤️ Forge your path to rewards with Cronos zkEVM Passage

🎁 Cronos zkEVM Passage marketing campaign is right here, rewarding #CROFam customers with loyalty factors for bridging belongings to Cronos zkEVM as we method Mainnet launch.

📅 From now until zkEVM mainnet launch

💰 Accepted Tokens: CRO… pic.twitter.com/QPysKgN3qx

— Cronos (@cronos_chain) July 4, 2024

First, the yield obtained from staking liquid belongings similar to zkCRO. Second, the DeFi yield produced by the ecosystem’s various DeFi protocols. Third, holders of loyalty factors will obtain further yield from taking part dApps.

Ken Timsit of Cronos Labs careworn how necessary it’s for the neighborhood to offer suggestions and assist refine the testnet within the lead-up to launch. Within the run-up to the mainnet launch, the Pioneer Program rewards their contributions and will increase their involvement. In collaboration with Veno Finance, the Cronos zkEVM Passage marketing campaign launches the Pioneer Program.

Customers can achieve factors by locking and staking CRO into bridge contracts powered by Veno on the Ethereum mainnet or Cronos EVM blockchain between July 4 and the mainnet launch. Following the mainnet launch, the accrued factors and staking yield might be made out there.

With greater than 500 utility builders and greater than 100 million customers, Cronos is devoted to enabling protected and straightforward self-custody in Web3, particularly for Decentralized Finance and Gaming. The ecosystem’s parts, which help a secure blockchain setting, embrace Cronos EVM Cronos POS and Cronos zkEVM, a brand new high-performance layer-2 community.

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