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

US Economy Adds 165,000 Jobs in October

The Bureau of Labor Statistics reported that the US economy added 165,000 jobs in October, with the unemployment rate stable at 4.1%, complicating expectations for quick monetary easing by the Federal Reserve.

user avatarDiego Alvarez

TeraWulf Announces Major Contracts and Future Plans

TeraWulf has secured significant contracts, including a 20-year lease with Anthropic and a credit backstop from Google, signaling strong future revenue potential.

user avatarKenji Takahashi

TeraWulf Reports Significant Shift in Revenue Sources

TeraWulf's third-quarter earnings reveal a major transition towards high-performance computing, with HPC lease revenue making up 83% of total revenue.

user avatarMaria Fernandez

Solana Foundation Reports Major Protocol Changes and Record Asset Value

The Solana Foundation has released its October 2023 ecosystem review, detailing significant protocol changes that went live last month, including a reduction in target slot time to 200 milliseconds and the activation of Alpenglow consensus, highlighting a record value of $5 billion in real-world assets on the network.

user avatarGustavo Mendoza

Solana's Ecosystem Roundup Highlights Financial Integrations and Market Activity

Solana Foundation's October 2023 roundup highlights new financial integrations and significant trading volume in the decentralized exchange market.

user avatarRajesh Kumar

Samsung Wallet's Stablecoin Account Now Available for Galaxy Users

Samsung Wallet's Stablecoin Account launched for eligible US Galaxy users, enabling USDC transactions.

user avatarMiguel Rodriguez

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.