Cronos (CRO) Unveils zkEVM Pioneer Program to Reward Active Community Participation
In
a
strategic
move
to
foster
community
engagement
and
bolster
its
ecosystem,
Cronos
(CRO)
has
announced
the
launch
of
its
zkEVM
Pioneer
Program.
According
to
Cronos,
this
initiative
allows
users
to
earn
points
by
completing
various
quests
on
the
network’s
testnet,
with
future
opportunities
to
claim
these
points
for
extra
yield
from
participating
decentralized
applications
(dapps).
Introducing
the
Cronos
zkEVM
Pioneer
Program
The
Cronos
ecosystem,
in
collaboration
with
engineering
teams
from
Matter
Labs
(the
team
behind
zkSync),
Crypto.com,
VVS
Finance,
Fulcrom
Finance,
and
Veno
Finance,
is
developing
the
next-generation
blockchain
network
called
Cronos
zkEVM.
Since
early
June
2024,
users
have
had
the
opportunity
to
complete
quests
on
the
network’s
testnet,
earning
points
that
can
be
redeemed
for
rewards
in
the
future.
The
program
aims
to
incentivize
user
participation
by
offering
points
that
can
be
claimed
from
participating
dapps
to
earn
additional
yield
when
using
the
Cronos
zkEVM
network.
More
quests
and
a
point
tracking
webpage
will
be
announced
in
the
coming
days
and
weeks.
What
is
Cronos
zkEVM?
Cronos
zkEVM
is
designed
to
be
a
high-performance
blockchain
network,
integrated
within
the
ZK
Chain
ecosystem
powered
by
zkSync’s
technology.
It
connects
to
the
Ethereum
Mainnet
via
a
shared
bridge,
leveraging
Ethereum’s
security
and
user
base
while
incorporating
zkSync’s
features
for
secure
and
efficient
cross-chain
interactions.
As
part
of
the
broader
Cronos
ecosystem,
Cronos
zkEVM
works
in
conjunction
with
the
Cronos
EVM
blockchain
and
the
Cronos
POS
Chain.
This
new
chain
aims
to
address
high-throughput
DeFi
use
cases
and
will
host
yield-bearing
tokens
powered
by
Veno
Finance,
such
as
zkCRO,
vETH,
and
vUSD.
This
approach
allows
users
to
access
staking
yields
and
stablecoin
savings
yields
while
participating
in
DeFi
protocols.
Cronos
zkEVM
Pioneer
Program:
The
Vision
The
Cronos
zkEVM
Pioneer
Program
is
designed
to
reward
dedicated
community
members
for
their
involvement
and
active
participation
in
the
Cronos
zkEVM
chain
and
dapps.
The
program’s
goal
is
to
provide
a
rewarding
experience
while
fostering
the
growth
and
success
of
the
Cronos
zkEVM
ecosystem.
Guiding
Principles
The
Pioneer
Program
is
built
on
four
main
principles:
-
Cronos-aligned:
Recognizing
substantial
contributions
to
the
Cronos
zkEVM
network
and
potentially
the
broader
Cronos,
Ethereum,
and
ZK
ecosystems. -
Early
support:
Rewarding
early
supporters,
particularly
those
involved
in
testnet
activities
and
early
mainnet
stages. -
Broad
distribution:
Offering
a
diverse
range
of
activities
across
the
Cronos
zkEVM
and
various
dapps
to
ensure
wide
accessibility. -
Transparency:
Listing
eligible
tasks
on
a
dedicated
webpage
to
create
a
level
playing
field
and
foster
trust.
Types
of
Point-Earning
Activities
Participants
can
earn
points
through
three
main
activities:
-
Amplify
the
community’s
reach
on
social
media:
Participating
in
community
and
social
quests. -
Use
the
Cronos
zkEVM
testnet:
Active
participation
in
the
Tethys
Testnet
quests
on
Galxe. -
Use
Cronos
zkEVM
Mainnet
and
dapps:
Interacting
with
dapps
on
the
Cronos
zkEVM
mainnet.
In
the
future,
users
will
be
able
to
claim
their
points
for
extra
yield
in
participating
dapps,
with
rewards
potentially
distributed
in
zkCRO
and
respective
dapp
tokens.
What’s
Next?
The
point-earning
activities
are
not
live
yet,
but
updates
are
expected
soon.
The
next
quest,
called
Cronos
zkEVM
Passage,
is
anticipated
to
launch
shortly,
encouraging
users
to
bridge
their
CRO
on
the
Ethereum
Mainnet
for
greater
rewards.
The
global
crypto
community
will
be
watching
these
developments
closely,
as
Cronos
seeks
to
shape
the
future
of
its
ecosystem
with
active
community
participation.
Image
source:
Shutterstock
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