Rewriting the Text: Cronos zkEVM Pioneer Program

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


Cronos zkEVM: Pioneering a Rewarding Program

Cronos zkEVM, a blockchain utilizing Zero-Knowledge EVM technology, has introduced its Pioneer Program. This initiative allows early adopters to earn points through active participation in the network and engagement with specific decentralized applications (dapps).

The primary goal of the program, as stated by the company, is to offer incentives to the Cronos community and appreciate the early supporters for their involvement in both the testnet and mainnet environments. Over the upcoming weeks, the program will evolve gradually, involving community events and social tasks.

Participants in these quests will have the opportunity to earn loyalty points while familiarizing themselves with the range of features and services available on the platform. Holders of points will be able to redeem them while using ecosystem dapps. These dapps are expected to offer additional token rewards and other benefits to the users.

The end result will be three levels of returns on cryptocurrency assets: the inherent staking reward, the DeFi yield generated by various DeFi protocols, and the extra return granted by participating dapps to the holders of loyalty points.

The Cronos project is launching the Cronos zkEVM Passage campaign in partnership with Veno Finance, starting on July 4 and ending with the mainnet release. The distribution of cryptocurrency assets, staking yields, and Pioneer points will take place upon the launch of the mainnet.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Other Crypto Funds Experience Significant Withdrawals

Other cryptocurrency ETF categories, including Solana and XRP, recorded significant withdrawals, indicating a broader trend of selling pressure.

user avatarSatoshi Nakamura

MEGA Plans AI Marketplace Launch for December

MEGA is set to launch an AI inference marketplace in December, allowing customers to access services from various AI model providers.

user avatarNguyen Van Long

MEGA Reduces Workforce to Shift Focus to AI Products

MEGA has laid off 20 employees as part of a restructuring to expand into artificial intelligence, moving beyond its blockchain infrastructure.

user avatarKofi Adjeman

Institutional Withdrawals from Crypto ETFs Reach Over $1 Billion

Institutional demand for crypto ETFs has weakened significantly, with US spot Bitcoin ETFs experiencing over $1 billion in withdrawals for the second consecutive week.

user avatarJesper Sørensen

Ethereum Staking Hits Record Levels Despite Price Drop

Ethereum's staking rate has surged to an all-time high of 36.3% of total supply, even as the price of ETH has fallen to around $2,000.

user avatarRajesh Kumar

Jane Street Boosts Bitcoin ETF Holdings Amid Market Changes

Jane Street has significantly increased its stake in major Bitcoin ETFs, particularly in Fidelity's Wise Origin Bitcoin Fund, reflecting strong client demand and trading activity in the Bitcoin market.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.