Cryptocurrency exchange OKX announced yesterday that the Jumpstart activity for the new project ZK (Polyhedra Network) will soon be launched. The current number of visitors has exceeded 50,000, indicating high interest.
(Prior summary:
OKX Jumpstart will soon start the sale of SUI new currency, and the Web3 wallet airdrop activity is officially online.)
(Background supplement:
OKX Jumpstart new token mining: Chain game Fusionist token “ACE” will soon be launched.)
Cryptocurrency exchange OKX announced yesterday that the Jumpstart activity for the new project ZK (Polyhedra Network) will soon be launched. On Friday (15th) at 2 pm, users can start staking BTC and ETH to earn the new token ZK. In the BTC pool, users can stake up to 0.3 BTC, and in the ETH pool, users can stake up to 3.5 ETH. Both pools will distribute 3 million ZK tokens.
This new token mining activity will last for four days and will end on March 19th at 2 pm. The ZK tokens will be distributed at 4 pm on the same day.
Jumpstart activity details:
What is Polyhedra Network?
With the emergence of the Ordinals protocol, the Bitcoin ecosystem has rapidly expanded and evolved since January last year. There is a market need for a solution to enhance the seamless operation between Bitcoin and its Layer2, as well as to achieve connectivity between Bitcoin and other blockchain ecosystems such as Ethereum.
Polyhedra Network has responded to this demand by launching the zkBridge-based Bitcoin cross-chain messaging protocol. This solution effectively expands the application scope of Bitcoin and enables seamless interoperability with various Layer1 and Layer2 blockchain networks.
Polyhedra Network is based on zero-knowledge proofs, and zkBridge has already appeared in multiple blockchain ecosystems, becoming one of the pioneers in cross-chain infrastructure. This technology has cooperated with important builders of 17 Bitcoin ecosystems, aiming to build the largest Bitcoin interoperability ecosystem.
In April last year, Polyhedra Network completed a round of financing, raising a total of $15 million in PreA financing, led by Polychain Capital. Subsequently, in January of this year, Polyhedra Network received investment from OKX Ventures. For the ZK token, Polyhedra Network plans to issue a total of 1 billion tokens. The specific token distribution is as follows:
ZK token distribution ratio:
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