Token

Community Token

zkLink

Singapore, Singapore, January 15th, 2024, Chainwire
 
$ZKL token realizes high-performance DeFi through zkLink’s cutting-edge zero-knowledge rollup infrastructure and newly launched Nexus platform
zkLink, a trailblazer in the zero-knowledge blockchain sector, today announced the release date for its new token, $ZKL. Following the <a href="https://coinlist.co/zklink?utm_source=zkLink&amp;utm_medium=web&amp;utm_campaign=zkLink+Community+Sale" rel="nofollow noopener" target="_blank">Community Token Sale</a> on <a href="https://t.co/JznKBUGu3N" rel="nofollow noopener" target="_blank">Coinlist</a>, $ZKL will be available to users starting Thursday, January 25, 2024, at 18:00 UTC.&nbsp;
The launch of the $ZKL token, the native utility and governance token for the zkLink protocol, is a significant milestone in zkLink’s mission to eliminate the liquidity fragmentation issues present in the Layer 2 (L2) ecosystem. $ZKL serves as a resource that allows developers to easier access the zkLink rollup infrastructure service, including the zero-knowledge (ZK) proof markets; govern the protocol’s development through the zkLink DAO; and pay for ZK proof computational resources.&nbsp;
<blockquote>
 “We look forward to presenting the community with an asset that allows them to help shape the zero-knowledge rollup ecosystem’s direction in 2024,” commented Vince Yang, Co-founder, zkLink. “As outlined in our 2024 Technical Roadmap, we have several key developments planned to encourage our community to be more involved in building dApps that enable smoother, lower-cost DeFi experiences.”&nbsp;
</blockquote>
The $ZKL token joins the list of native tokens and multi-chain assets across the connected L1s and L2s, including FTs and NFTs that users can trade on a unified user interface.&nbsp;It will be a&nbsp;non-inflationary ERC20 token issued on the Ethereum Mainnet with token supply capped at 1 billion. $ZKL will serve as the default payment token for ZK proof generation services and users can obtain DAO voting rights by staking to obtain veZKL.&nbsp;
Along with announcing the upcoming $ZKL token sale, zkLink recently released details on major upcoming updates to its protocol, highlighted in the <a href="https://blog.zk.link/zklinks-2024-technical-roadmap-announcement-8cc53bcdfb47" rel="nofollow noopener" target="_blank">2024 Technical Roadmap</a>. Users can learn more in zkLink’s <a href="https://blog.zk.link/introducing-zklinks-latest-whitepaper-the-future-is-zklinked-0115f4480f32" rel="nofollow noopener" target="_blank">new whitepaper</a> about how multi-chain ZK-Rollup infrastructure serves as a solution to unify fragmented liquidity across ecosystems and return pricing power to decentralized exchanges (DEXs).&nbsp;
About zkLink
<a href="https://zk.link/" rel="nofollow noopener" target="_blank">zkLink</a> develops zero-knowledge blockchain infrastructure solutions for high-performance ZK applications. Its flagship zero-knowledge Layer-3 blockchain solution, Nexus, is designed to bridge the gap among different zk-Rollup Layer-2 ecosystems to reduce liquidity fragmentation while providing security and scalability via zk-Proofs.
zkLink is funded by notable backers including Coinbase Ventures, Ascensive Assets, SIG DTI, BigBrain Holdings, Efficient Frontier, and others.
For more information, users can visit zkLink's: <a href="https://zk.link/" rel="nofollow noopener" target="_blank">Official Website</a> | <a href="https://twitter.com/zklink_official" rel="nofollow noopener" target="_blank">Twitter</a> 
About zkLink Nexus
zkLink Nexus is a Layer 3 solution for native crypto assets from zkRollups, such as zkSync, StarkNet, Scroll, Linea, Taiko, or the Polygon zkEVM, in the Ethereum Layer-2 ecosystem. Now developers looking to deploy their project on Layer 2s no longer need to worry about fragmented liquidity, chain-specific deployments, security risks, or high costs that can result from transferring assets between ecosystems.&nbsp;
 
<h5>Contact</h5>Patrick Jordan zklink@mgroupsc.com 
 
 
Disclaimer. This is a paid press release. CoinMarketCap does not recommend that any cryptocurrency (bitcoin, ethereum, custom asset) should be bought, sold or held. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

zkLink Reveals Public Registration Date for $ZKL Token (15 Jan)

Chainwire

Other articles published on Jan 15, 2024

Bitcoin, Ethereum, XRP Dominate As Crypto Titans Rally, Drawing $1.18 Billion Inflows

Exploring Solana: A Comprehensive Guide to Accounts, Tokens, Transactions, and Ensuring Asset Sec...

Myro’s 1800% Rally Comes to an End as New Memecoins Take Over

Dollarino (DOLS) – The First Anti ETF Crypto Coin Is On The Market

United Nations Warns of Tether (USDT) Misuse in Southeast Asia

United Nations Says Tether USDT Is A Prominent Choice For Fraud In Southeast Asia

Join our free newsletter for daily crypto updates!