zkSync

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, 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.

zkSync, an Ethereum zkRollup Layer 2 solution, has announced a range of new developer tools and services in collaboration with Alchemy. These include Supernode RPC, Token API, Webhooks, Transfers API, NFT API, Alchemy Signer, Dashboard, Sandbox, reporting, alerts, debugging tools, 24/7 support, and a Sepolia faucet (coming soon). The announcement aims to accelerate the mass adoption of crypto for personal sovereignty.

Enterprises seeking to adopt blockchain technology require the cryptographic security guarantees offered by ZK rollups. These institutions can now deploy on zkSync, an Ethereum zkRollup Layer 2, with the assistance of Fireblocks, a secure digital asset transfer platform.

zkSync, an Ethereum zkRollup Layer 2 solution, has seen notable developments in the decentralized finance (DeFi), non-fungible tokens (NFTs), and infrastructure sectors this week. The project aims to accelerate the mass adoption of cryptocurrencies for personal sovereignty. However, the provided information is for informational purposes only and does not constitute a recommendation, endorsement, sponsorship, or partnership. Users are advised to conduct their own research and exercise caution.

Sophon, a project built using the ZK Stack, is set to launch a general-purpose entertainment chain on zkSync, a Layer 2 scaling solution for Ethereum. The chain will focus on undisclosed areas related to entertainment. While details are scarce, the team expresses excitement about the upcoming launch, which aims to accelerate the mass adoption of crypto for personal sovereignty.

Earlier this month, the zkSync community, which is an Ethereum zkRollup Layer 2 project aimed at accelerating the mass adoption of crypto for personal sovereignty, held an in-person meetup to learn about how zkSync scales Ethereum. The community is now considering potential locations for their next meetup.

Nodle Network, a decentralized physical infrastructure network, is deploying its dePIN solution on zkSync, an Ethereum zkRollup Layer 2 platform. The dePIN technology powers applications like ClickYourTruth, which authenticates media content. Nodle and Click are creating a network for digital trust on zkSync, leveraging zero-knowledge proofs. zkSync aims to accelerate the mass adoption of cryptocurrencies for personal sovereignty.

A new wallet called Clave has been introduced specifically for the zkSync ecosystem. It utilizes zkSync's native account abstraction for a simplified user experience. The wallet allows direct access to various decentralized applications (dApps) on zkSync Era, including swapping on SyncSwap, Koi Finance, and Mav Protocol, lending on ZeroLendXYZ, bridging with LayerSwap, and gas-free transactions through Zyfi. Additionally, Clave will cover the gas fees for users.

Circle, the issuer of the USDC stablecoin, is launching native USDC on the zkSync Ethereum layer 2 scaling solution. The native USDC will be fully backed by Circle, regulated, and redeemable 1:1 for US dollars. It will replace the existing bridged USDC (to be renamed USDC.e) over time through swaps on decentralized exchanges. Circle has provided official contract addresses for the native USDC and USDC.e tokens on zkSync Era and Sepolia testnets. Developers can integrate native USDC into their dapps following the migration guide.