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Polyhedra Phoenix Revival Program: Supporting Users After Liquidity Crisis

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by Giorgi Kostiuk

4 hours ago


Polyhedra has launched the Phoenix Revival Program aimed at rewarding users who held tokens during the liquidity crisis on June 15.

Announcement of the Phoenix Revival Program

On July 1, Polyhedra announced the Phoenix Revival Program, targeting on-chain stakers in the Polyhedra Network who held tokens on Ethereum or BNB Chain during the liquidity crisis. The program provides early access to future ecosystem airdrops and a share of incentives from upcoming products.

Rewards for Stakers

The size of each user's rewards will be based on their staking power at the time of the snapshot. Affected users will receive rewards in the form of access to new products, including the ZKML platform and a privacy-preserving stablecoin.

Future Plans of Polyhedra

The project’s roadmap will shift to focus on zero-knowledge technology, including the upcoming Dark Pool decentralized exchange and new zk application solutions. Additionally, EXPchain, a Layer 1 blockchain tailored for zk applications, will be launched.

Despite recent market volatility, Polyhedra's team remains committed to long-term product development and supporting users who stood by during the crisis.

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