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Venus Protocol's ZKsync Lending Markets Attract $14M+

Thu 19th Sep 2024
Venus Protocol's lending markets on ZKsync have accumulated over $14 million in deposits, sparking interest in the crypto community. To shed light on this development: - A discussion is scheduled for September 25th at 15:00 UTC - Participants include: - ZKsync Foundation Director, @Be1garat - Head of Venus Labs, @bradherenow This follows the recent launch of Venus Protocol's money market on ZKsync Era, offering: - Borrowing and lending options for WETH, WBTC, stablecoins, and more - Access via https://app.venus.io/#/?chainId=324 Stay tuned for insights into what's driving depositor enthusiasm for this new lending platform on ZKsync.

ZKsync Releases Prover API for Decentralization

Thu 19th Sep 2024
ZKsync has released a Prover API as part of their five-step plan to decentralize the Eras prover network. This API allows third parties to: - Generate proofs - Verify correctness against L1-submitted proofs Provers are crucial for ZK rollups, handling: - Transaction bundling - Proof generation - Transaction execution validation The permissionless Prover API aims to enhance censorship resistance by decentralizing these critical operations. ZKsync invites teams to: - Test the API - Benchmark performance - Integrate it into their systems For more details, check the blog post on ZKsync's Mirror page.

Aave Protocol Goes Live on Era

Thu 26th Sep 2024
The Aave protocol has officially launched on Era, ZkSync's first ZK chain. This deployment marks a significant milestone for decentralized finance (DeFi) on Era. Key points: - Aave v3 is now available on Era - Common token pairs are supported - Accessible via https://app.aave.com/?marketName=proto_zksync_v3 For more insights on Aave's integration with Era, interested parties can listen to a recorded Twitter Spaces featuring @gluk64 and @StaniKulechov: https://x.com/i/spaces/1BdGYEmnaWgGX This launch is expected to enhance DeFi utility and composability on Era, potentially opening doors for new institutional use cases.

Cronos zkEVM Joins Elastic Chain, Enhancing Interoperability

Thu 11th Jul 2024
Cronos zkEVM, a growing ecosystem for decentralized applications, builders, and users, has joined the Elastic Chain. This integration allows the Cronos community, known as #crofam, to interact with high-quality applications built on other ZK Chains. The move promises a seamless user experience that feels like operating on a single chain, despite crossing multiple networks. This development builds on Cronos' previous efforts to gain secure, fast, and cost-effective access to the Ethereum ecosystem through the implementation of ZK Stack technology.

ZKsync Governance System and Community Contribution

Mon 10th Jun 2024
ZKsync, an Ethereum zkRollup Layer 2 protocol, has published a blog post detailing its governance system and inviting community members to contribute to the protocol's evolution. The post provides information on how individuals can participate in the decision-making process and help shape the future development of ZKsync.

Ethereum zkRollup Layer 2 Mainnet Deployment

Mon 10th Jun 2024
The Ethereum zkRollup Layer 2 project, aimed at accelerating the mass adoption of crypto for personal sovereignty, has successfully completed the mainnet deployment of version 24.

Update on v24

Mon 10th Jun 2024
The developers of Community, an Ethereum zkRollup Layer 2 project aimed at accelerating the mass adoption of crypto for personal sovereignty, have announced that this is the last message regarding the v24 update.

zkSync Era Prover Network Invites Hardware Teams

Mon 10th Jun 2024
zkSync, an Ethereum zkRollup Layer 2 project, has invited hardware teams to join their Era prover network. This move aims to enhance the censorship resistance of this critical zero-knowledge rollup operation, which is crucial for accelerating the mass adoption of cryptocurrencies and promoting personal sovereignty.

Liquid Restaking Tokens (LRTs) Launched on zkSync

Mon 27th May 2024
Liquid restaking tokens (LRTs) have been introduced on zkSync, an Ethereum Layer 2 rollup platform. Users can now stake their Ethereum (ETH) holdings and earn Proof-of-Stake (PoS) yield, 1.5x Kelp Miles rewards, Eigenlayer points, and upcoming AVS Operator yield. Additionally, stakers will receive boosted liquidity provider rewards on SyncSwap and Koi Finance decentralized exchanges. The restaking process can be initiated natively through the KelpDAO application.

Chronicle Labs Launches Verifiable Oracle Network on zkSync

Thu 2nd May 2024
Chronicle Labs, a verifiable Oracle network, is launching on zkSync, an Ethereum zkRollup Layer 2 scaling solution. With over $10 billion in assets secured for protocols like MakerDAO, Chronicle offers decentralized, cost-efficient, and resilient Oracles for builders and users on zkSync. This development aims to provide trustworthy and verifiable data sources for applications built on the zkSync platform.
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