- zkLink Nova’s pioneering approach to incentivizing user adoption through its “Aggregation Parade” rewards program.
- By leveraging the zkSync ZK Stack and zkLink Nexus technologies, zkLink Nova introduces a novel rewards system that encompasses bridging, staking, and an NFT referral program.
First-ever Aggregated Layer 3 zkEVM rollup network in the industry, zkLink Nova is starting the first season of its rewards program called “Aggregation Parade,” which is built on zkSync’s ZK Stack & zkLink Nexus.
The campaign’s goal is to persuade users to switch to the Layer 3 Nova mainnet by providing unmatched chances for reward-bearing for a variety of cryptocurrency tokens, including ETH, L2 Natives, Stables, LSTs, and LRTs. The promotion is set to expire on April 14, 2024, although users will have a month to take advantage of these deals as it started on March 14, 2024.
The unique Nova Lynks NFT collection, made especially to commemorate the release of zkLink’s Layer 3, Nova, is on display during the Aggregation Parade. These special NFTs are essential to the campaign because they give NFT holders a piece of the 10,000,000 $ZKL token prize pool. It is one of the most ambitious rewards efforts in the bitcoin space because it also claims to provide seven more opportunities to win rewards.
Users that take part in the campaign throughout its first season will receive Nova Points as rewards, which they may subsequently exchange for ZKL tokens and zkLink items.
One can obtain Nova Points using three distinct methods;
Bridging: To take part in the campaign, users must bridge through the canonical bridge. A 10x bonus increase on the token value will be immediately applied to deposits made into the Nova network.
Staking: A variety of token classes, such as native L2 tokens, stablecoins, and derivatives like liquid staked tokens (LST) and liquid restaking tokens (LRT), will allow users to earn staked rewards.
NFT Referral Program: Users can upgrade their Nova Soulbound Token into a Nova Lynk by exchanging their three referrals for a tradeable NFT. Only owners of Nova Lynks will be eligible to receive a portion of the $10,000,000 $ZKL prize fund. Additionally, throughout the Aggregation Parade, referrers will receive an extra 10% of the total Nova points that their referrals earn.
Withdrawals on the canonical bridge are momentarily prohibited for the first 30 days of the Nova Campaign. Through zkLink’s Nova third-party bridge partners, users who would like to withdraw their money can do so.
For the first seven days, there will be a minimum participation requirement of 0.1 ETH (or equivalent). After the seventh day of the campaign, the minimum will be changed to 0.25 ETH (or equivalent).
Visit the official Aggregation Parade website for more details about the event, including a complete list of partners.
Concerning zkLink Nova
The ground-breaking Aggregated Layer 3 Rollup (zkEVM) network zkLink Nova offers Ethereum and its Layer 2 Rollups previously unheard-of levels of liquidity and asset aggregation. It is constructed with ZK Stack and zkLink Nexus and uses ZK Proofs to improve security and scalability.
Using an open platform, developers may easily implement Solidity smart contracts and instantly access integrated networks such as Arbitrum and zkSync. By offering a single ecosystem to users and DApps, Nova streamlines DeFi and fosters a smooth blockchain experience.
Notable funders of zkLink include Huobi Ventures, Coinbase Ventures, Solana Ventures, SIG DTI, Efficient Frontier, and others.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
