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Singapore, July 24, 2024 — Aggregated rollup infra builder zkLink, immediately introduced the recipients for Section 1 of its Ecosystem Developer Grants program, a 20 million $ZKL grants program aimed toward stimulating the expansion of its aggregated DeFi ecosystem. This system, which obtained over 100 functions, had authorized 16 tasks for monetary and advertising help to construct on zkLink Nova, the business’s first aggregated Layer 3 rollup community.
Working from March 11 to July 20, 2024, Section 1 had earmarked 10 million ZKL tokens for its recipients. The grant recipients in Section 1 embody Oku Commerce, RedStone, Holdstation, Solv Protocol, Snapshot, NovaSwap, POKT Community, Layerbank, Izumi Finance, AGX, Sturdy, Steer Protocol, Allspark, Protofire, SphereX and Chainnodes.
Vince Yang, CEO at zkLink, expressed his enthusiasm. “We’re thrilled to announce the Section 1 recipients of our Ecosystem Developer Grants Program. These tasks exemplify the excellent dedication to domesticate a vibrant and seamless aggregated DeFi ecosystem. Every recipient has demonstrated a dedication to advancing aggregated options like zkLink Nova, driving modern change and galvanizing others by their work”.
On zkLink Nova, dApps can entry a ‘unified Ethereum expertise’ of aggregated property from eight of Ethereum’s broader Layer 2 rollup ecosystems, equivalent to Arbitrum, Optimism, Base, ZKsync, Linea, Scroll, Manta, and Mantle. Secured by zero-knowledge proofs and multi-chain state synchronization, zkLink Nova gives builders the chance to discover new interoperable DeFi primitives whereas benefiting from the decrease gasoline prices of its aggregated Layer 3 zkEVM community.
“The grants program displays our imaginative and prescient to seamlessly bridge Web3 and Web2 collectively by business collaboration. We’re excited to see how the grant recipients will make the most of this funding to additional their tasks and contribute to the neighborhood,” Yang added.
“Congratulations to all of the winners, and thanks on your contributions. We sit up for seeing the continued progress to unifying Layer 2s into one interoperable platform.”
zkLink Ecosystem Developer Grants Program Section 2
Section 2 of the Ecosystem Developer Grants Program will begin on 24 July 2024, and conclude on 30 September 2024. The part will construct on the successes and classes realized from Section 1, making certain that grant candidates will obtain steering, versatile funding mechanisms, and diminished decision-making occasions.
The objective of Section 2 is to help functions which might be in a position to positively affect the on-chain exercise and consumer expertise(UX) on zkLink Nova.
Protocols from numerous verticals, together with however not restricted to DeFi, meme tasks, gaming, and AI are inspired to use. Particular issues will likely be given to open-sourced options and tasks with a confirmed observe file in both zero-knowledge (ZK) or Optimism (OP) rollup networks. Section 2 will even proceed to help modern protocols and encourage the deployment of native dApps on zkLink Nova.
For extra details about the zkLink Ecosystem Grants Program or to use, go to web site.
About zkLink
zkLink develops main zero-knowledge blockchain options for the Ethereum ecosystem. Its flagship zkLink Nova is the business’s first aggregated Layer 3 zkEVM Rollup community constructed on prime of Ethereum and Ethereum Layer 2 rollups (L2s). It’s an EVM-compatible, open platform that permits for scattered property throughout Ethereum Layer 2s to be aggregated for interoperable commerce and transactions. It’s secured by zero-knowledge proof know-how, costs extraordinarily low gasoline prices, gives quick finality, and inherits its safety from Ethereum.
zkLink is funded by notable backers together with Coinbase Ventures, Solana Ventures, SIG DTI, Arrington Capital, and others.
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