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

Bitdeer Achieves Record Revenue but Faces Major Losses

Bitdeer reported record revenue of $320.7 million for Q3 2023, an 89% increase year-over-year, but faced a net loss of $125.5 million.

user avatarAyman Ben Youssef

Bitcoin May Benefit from Greater Regulatory Clarity

Bitcoin may benefit from a more predictable US regulatory environment as the SEC shows interest in blockchain-based financial infrastructure.

user avatarKofi Adjeman

SEC Reports Significant Decline in Enforcement Actions

The US Securities and Exchange Commission (SEC) has reported a significant decline in enforcement actions, marking the lowest level since 1991, under the Trump administration.

user avatarTando Nkube

HTX Enhances Trading Fundamentals Amid Market Volatility

HTX enhances trading fundamentals amid market volatility by improving market depth and launching new promotions.

user avatarSatoshi Nakamura

HTX Completes Q3 Token Burn, Enhances Brand Influence

HTX completed its Q3 token burn, destroying approximately 939 trillion HTX tokens valued at around $154.8 million, and enhanced its brand influence at TOKEN2049 in Singapore.

user avatarNguyen Van Long

David Schwartz Significantly Cuts XRP and Bitcoin Holdings

David Schwartz, former CTO of Ripple, has significantly reduced his XRP and Bitcoin holdings, raising investor concerns about the cryptocurrency market.

user avatarJesper Sørensen

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.