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Alpha Mainnet Launched by Cronos zkEVM with Native Ethereum Bridge 😊

Alpha Mainnet Launched by Cronos zkEVM with Native Ethereum Bridge 😊

Introducing the Cronos zkEVM Mainnet 🚀

Cronos Labs has officially launched its highly-anticipated zkEVM mainnet, developed in collaboration with Matter Labs. The new mainnet is now live, featuring a robust ecosystem of decentralized applications (dapps) and a native bridge to Ethereum.

The Expansion of the Cronos Family

  • With a user base exceeding 100 million crypto holders, Cronos has successfully attracted a significant audience to its ecosystem.
    • The release of the Cronos zkEVM mainnet offers users a fresh platform to explore, filled with lucrative opportunities for generating yields.
  • DeFi enthusiasts are enticed by the potential for triple yield:

    • Staking APR on liquid staked tokens like zkCRO and vETH
    • DeFi yield from dapps
    • Loyalty points earned through ecosystem quests
  • Prior to the mainnet launch, Cronos initiated the Cronos zkEVM Passage deposit program, accumulating 100 million CRO in deposits.
  • The seamless asset transfer capability between EVM chains, including zkSync, via a native Ethereum bridge, is expected to boost liquidity in the coming weeks.

Partnership Highlights

  • In addition to cutting-edge zero-knowledge technology, a layer 2 network requires a diverse range of high-quality dapps to thrive in a competitive environment.
  • Cronos zkEVM has secured partnerships with numerous launch partners, including well-known wallets like Crypto.om DeFi Wallet and MetaMask, as well as prominent contributors such as VVS Finance and Fulcrum Finance.
  • The mainnet is currently in its alpha phase until the end of September, during which developers will assess performance and gather user feedback.
  • Ethereum users now have access to another layer 2 solution to engage with, offering lucrative APRs through the network’s unique triple-yield model.

🔥 Hot Take: Discover the Future with Cronos zkEVM

Experience the power of Cronos zkEVM as it revolutionizes the crypto landscape with its advanced zero-knowledge technology and innovative ecosystem. Join the Cronos family today and explore the endless possibilities of decentralized finance!

Sources:
– [Cronos zkEVM Official Documentation](https://docs.cronos.org/cronos-zkevm/cronos-zkevm)
– [Cronos zkEVM Testnet Announcement](https://blog.cronos.org/p/cronos-labs-launches-public-zkevm)
– [CRO Token Information](https://www.coinlore.com/coin/crypto-com-chain)
– [Cronos zkEVM Missions](https://zkevm.cronos.org/missions)

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Alpha Mainnet Launched by Cronos zkEVM with Native Ethereum Bridge 😊