zkLink Sets Public Debut Date for $ZKL Token

zkLink, a pioneer in the zero-knowledge blockchain sector, has unveiled the release date for its latest token, $ZKL. After a successful Community Token Sale on Coinlist, $ZKL will be accessible to users from Thursday, January 25, 2024, at 18:00 UTC.

Token Release:

$ZKL becomes available post Coinlist sale on January 25, 2024.

Utility and Governance:

$ZKL serves as zkLink protocol's utility and governance token.

Mission Milestone:

Aims to resolve liquidity fragmentation issues in Layer 2 (L2) ecosystem.

Developer Access:

Enables developers to access zkLink rollup infrastructure effortlessly.

DAO Governance:

Empowers users to govern the protocol through zkLink DAO.

Computational Resources:

$ZKL facilitates payment for ZK proof computational resources.

Vince Yang's Insight:

“We look forward to presenting the community with an asset that allows them to help shape the zero-knowledge rollup ecosystem’s direction in 2024,” said Vince Yang, Co-founder of zkLink.

Token Details:

• Type: Non-inflationary ERC20 token on Ethereum Mainnet.
• Supply: Capped at 1 billion.
• Use Cases: Default payment token for ZK proof generation services; provides DAO voting rights via veZKL staking.

Integration and Accessibility:

• Unified Interface: $ZKL joins native tokens and multi-chain assets across connected L1s and L2s.
• Trading Platform: Users can trade FTs and NFTs on a unified user interface.

Upcoming Developments:

• Technical Roadmap: zkLink shares plans for 2024, encouraging community involvement in building smoother, lower-cost DeFi experiences.
• Whitepaper: Detailed insights on multi-chain ZK-Rollup infrastructure presented as a solution to unify fragmented liquidity across ecosystems.

About zkLink:

zkLink pioneers zero-knowledge blockchain infrastructure for high-performance ZK applications. Nexus, its flagship Layer-3 blockchain solution, aims to bridge gaps among different zk-Rollup Layer-2 ecosystems, reducing liquidity fragmentation while ensuring security and scalability through zk-Proofs.

Backed by Notable Supporters:

Coinbase Ventures, Ascensive Assets, SIG DTI, BigBrain Holdings, Efficient Frontier, and others support zkLink in its mission.

About zkLink Nexus:

zkLink Nexus, a Layer 3 solution, addresses fragmented liquidity concerns for native crypto assets from zkRollups in the Ethereum Layer-2 ecosystem. Developers deploying projects on Layer 2s can now enjoy unified liquidity, eliminating concerns about chain-specific deployments, security risks, and high transfer costs between ecosystems.