zkLINK is postponing its vesting release, potentially learning from Eigenlayer's past mistake.
zkLink has delayed its token vesting schedule, with over 40% of ZKL tokens entering the market in six months, in preparation for upcoming product launches.
zkLink has approved 16 projects in Phase 1 of its Ecosystem Developer Grants program and announced Phase 2. The $20 million program aims to boost its aggregated DeFi ecosystem.
zkLink's ZKL Token debuted on major exchanges like Bybit and OKX Ventures, but faced a rapid price decline.
zkLink launches zkEVM Rollup technology and lists on Bybit.
zkLink's native token, ZKL, plunged 45% shortly after listing on several centralized exchanges like Bybit, Hashkey, BitGet, KuCoin, and Gate.io. The selling pressure is attributed to community reward beneficiaries cashing out.
zkLink, an L3 zkEVM network, has initiated a self-reporting model for airdrop participants, incentivizing honest reporting among users.
ZkLink proposes a layer 3 solution, MergeToken, to unify Ethereum's fragmented liquidity across stablecoins. However, its reliance on multi-signature wallets raises security concerns due to their attractiveness to thieves.
Investments in Web3 startups top $1 billion in July, featuring companies like Pichi Finance, Sybill, Hyperbolic, Raad Labs, and zkLink.
