Singapore, Singapore, January 15, 2024, Chainwire
The $ZKL token enables high-performance DeFi through zkLink’s cutting-edge zero-knowledge rollup infrastructure and the newly launched Nexus platform.
zkLink, a pioneer in the zero-knowledge blockchain sector, today announced the launch date of its new token, $ZKL. Following Coinlist’s community token sale, $ZKL will be available to users starting Thursday, January 25, 2024 at 18:00 UTC.
The launch of the $ZKL token, the native utility and governance token of the zkLink protocol, is an important milestone in zkLink’s mission to eliminate the liquidity fragmentation problem that exists in the Layer 2 (L2) ecosystem. $ZKL serves as a resource to make it easier for developers to access zkLink rollup infrastructure services, including the zero-knowledge (ZK) proof marketplace. Protocol development is managed through zkLink DAO. You pay for ZK proof computational resources.
“We look forward to providing the community with assets that can help shape the direction of the zero-knowledge rollup ecosystem in 2024,” said Vince Yang, co-founder of zkLink. “As outlined in our 2024 technology roadmap, we are planning several key developments to encourage our community to become more involved in building dApps that enable more seamless and affordable DeFi experiences.”
The $ZKL token joins a growing list of native tokens and multi-chain assets across linked L1 and L2, including FTs and NFTs that users can trade from a unified user interface. This will be a non-inflationary ERC20 token issued on the Ethereum mainnet, with token supply limited to 1 billion. $ZKL serves as the primary payment token for the ZK Proof Generation Service, and users can earn DAO voting rights by staking to earn veZKL.
Along with the announcement of the upcoming $ZKL token sale, zkLink recently announced details about upcoming major updates to the protocol, highlighted in its 2024 technology roadmap. Users can learn more about how the multi-chain ZK-Rollup infrastructure serves as a solution to unify distributed liquidity across the ecosystem and return pricing power to decentralized exchanges (DEXs) in zkLink’s new whitepaper.
Introduction to zkLink
zkLink develops zero-knowledge blockchain infrastructure solutions for high-performance ZK applications. Nexus, a leading zero-knowledge Layer-3 blockchain solution, is designed to bridge the gap between various zk-Rollup Layer-2 ecosystems, reducing liquidity fragmentation while providing security and scalability through zk-Proofs.
zkLink is funded by high-profile backers including Coinbase Ventures, Ascensive Assets, SIG DTI, BigBrain Holdings, Efficient Frontier, and more.
For more information, please visit zkLink official website | Twitter
Introduction to zkLink Nexus
zkLink Nexus is a Layer 3 solution for native crypto assets of zkRollups such as zkSync, StarkNet, Scroll, Linea, Taiko or Polygon zkEVM in the Ethereum Layer-2 ecosystem. Now, developers looking to deploy their projects on Layer 2 no longer need to worry about fragmented liquidity, chain-specific distribution, security risks, or the high costs that can arise from transferring assets between ecosystems.
ContactPatrick Jordanzklink@mgroupsc.com
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