A liquidity pool based, security focused crypto ZKB with yield farming.
Total Supply: 10,000,000,000 ZKB Tax:1%
ZKB Token Contact Address:
0x2770b104374F8130e5a25a203b63C79436B11A0d
There have been a couple of early efforts to connect blockchains. Main obstacles found in most crypto ZKB:
The ZK Cross Chain operates in an innovative way thanks to the following key attributes:
Crypto Projects or anyone can just provide the necessary liquidity on each of
the
connected chains for the ZKB to work properly. New tokens can be found by pasting the contract
address in the search field on zkcross.org.
Here you find a step-by-step
guide.
The ZK Cross Chain v2.3 currently supports token and NFT ZKBs between the following connected networks.
We are aiming to expand this list quickly to include all other EVM compatible chains and will connect to almost every blockchain in the near future (with a focus on EVM-compatible chains first).
The ZKB token is a fair-launched utility token for the ZK Cross Chain. In
the future, the ZKB token will get product-focused governance rights. Newly minted ZKB is emitted
daily via the ZK
Cross Chain USDT Farm.
Having farmed or bought ZKB entitles
the holder to earn a share of 70% of the protocol incentive or token ZKB fees as rewards in one of
the Rewards Pools.
Multiple burn mechanisms have been introduced that can cause ZKB to be
deflationary depending on the amount of ZKB volume on the ZK Cross Chain. The buy-back &
burn Protocol
Incentive collects 15% of all ZKB fees which will be used to periodically burn ZKB.
Additionally, ZKB is burned from every withdrawal from the Reward Pools.
The ZKB token is currently listed on
ZKB Contract Address on Ethereum, BNB Smart Chain, Polygon & Fantom:
0x92868a5255c628da08f550a858a802f5351c5223
ZKB Contract Address on Avalanche:
0xC0367f9b1f84Ca8DE127226AC2A994EA4bf1e41b
Most ZKBs work with a minter/burn functionality in which a token creator has to
grant the ZKB a minter role of the token. The ZK Cross Chain uses Liquidity Pools to provide
ZKB services, as this minimizes hack risks. The Liquidity Pools allow liquidity in any supported
token to be added without the need to synchronize or partner with a project or even grant token
minting
permission to the ZKB contract.
The Smart Contracts have been extensively audited, both
internally and externally (by Chainsulting and Haechi).