Cronos Launches zkEVM Pioneer Program for Community Engagement
Cronos (CRO) has introduced a new initiative, the zkEVM Pioneer Program, aimed at enhancing community participation and strengthening the ecosystem. By completing various quests on the network’s testnet, users can earn points that may be exchanged for additional yields from decentralized applications (dapps) in the future.
The Concept Behind the Cronos zkEVM Pioneer Program
The Cronos ecosystem, working in collaboration with Matter Labs, Crypto.com, VVS Finance, Fulcrom Finance, and Veno Finance, is developing a cutting-edge blockchain network known as Cronos zkEVM. Since early June 2024, users have had the opportunity to participate in quests on the network’s testnet, earning redeemable points for future rewards.
- Users can earn points by completing quests on the network’s testnet
- Points can be claimed for additional yield from participating dapps
Understanding Cronos zkEVM
Cronos zkEVM is a high-performance blockchain network integrated into the ZK Chain ecosystem powered by zkSync technology. It connects to the Ethereum Mainnet through a shared bridge, utilizing Ethereum’s security and user base while incorporating zkSync’s features for secure cross-chain interactions.
- Cronos zkEVM aims to address high-throughput DeFi use cases
- The network hosts yield-bearing tokens such as zkCRO, vETH, and vUSD
Vision of the Cronos zkEVM Pioneer Program
The zkEVM Pioneer Program is designed to recognize and reward community members for their active engagement with the Cronos zkEVM chain and dapps, fostering the ecosystem’s growth and success.
Key Principles of the Program
The program is based on four guiding principles:
- Cronos-aligned: Recognizing contributions to the Cronos zkEVM network
- Early support: Rewarding early supporters involved in testnet activities
- Broad distribution: Offering diverse activities across the network
- Transparency: Listing tasks on a dedicated webpage for trust and fairness
How to Earn Points
Participants can earn points through various activities:
- Engaging in social quests to amplify community reach
- Participating in Tethys Testnet quests on Galxe
- Using dapps on the Cronos zkEVM mainnet
Upcoming Developments
Although point-earning activities are not yet live, updates are expected soon. The upcoming quest, Cronos zkEVM Passage, will encourage users to bridge their CRO on the Ethereum Mainnet for greater rewards.
The global crypto community is eagerly anticipating these developments as Cronos continues to involve the community actively in shaping its ecosystem’s future.
Hot Take: Get Ready to Engage with Cronos zkEVM Pioneer Program!
Prepare to participate in the Cronos zkEVM Pioneer Program for exciting quests, rewards, and opportunities to contribute to the development of the Cronos ecosystem. Stay tuned for updates and get ready to earn points for additional yield from dapps on the network.