 | OpenZK (OZK) |
BingxOpenZK Network is a Layer 2 solution based on Zero-Knowledge Rollup (ZK Rollup) technology, designed to address the scalability, cost, and performance limitations of Ethereum, while maintaining its security guarantees.
Funding Round: $6M
WhitepaperImportant By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.
EthereumWhat is OpenZK
OpenZK Network provides an efficient, secure, and low-cost transaction processing environment, particularly suited for decentralized finance (DeFi), Real World Assets, NFTs, and trading applications.
One of the core innovations of OpenZK Network is its native ETH staking mechanism, which allows users to bridge their ETH to the network while earning the ETH staking and restaking rewards present on Ethereum with no further action, contributing to the stability and security of the Ethereum ecosystem.
OpenZK Network also includes a native stablecoin reward and incentives feature, allowing users access to additional rewards on their stablecoin holdings. The stablecoin related rewards are designed to be simple and user-friendly. Users can bridge certain stablecoins (such as USDT, USDC, DAI, or other supported assets) to the OpenZK Network, these assets will be automatically engaged in L1 non-custodial savings mechanisms (like that of MakerDAO/sky.money), generating a reference token for the position and relevant rewards (ozUSD) without the need for additional steps or complexity for the user.
OpenZK Roadmap
- Implementation of ZK Rollup scalability features
- Launch of the testnet environment for developers
- Launch of developer tools for seamless dApp migration
- Deployment of the mainnet with full cross-chain bridge functionality
- Integration of account abstraction and advanced smart contract capabilities
- Strategic partnerships with other blockchain ecosystems and DeFi projects
- Token staking and reward mechanisms
- Transition to a decentralized governance model, allowing OZK stakers to vote on network upgrades and decisions
- Expansion of cross-chain interoperability
- Further optimization of transaction throughput and network scalability through continued technological upgrades
Token Sale Dates
IEO
Funding Details
Token Price and Payment Options
Project team
Advisors
Social media
Twitter
Telegram
LinkedIn
GitHubMVP
WebsiteIndustries
