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zkLINK: Aggregation Parade Season II: Join To Split A 30M $ZKL Prize Pool

zkLINK: Aggregation Parade Season II: Join To Split A 30M $ZKL Prize Pool

zkLink Blog2024/07/29 06:57
By:zkLink

Get ready zkLinkers, Aggregation Parade Season II has officially begun — and it includes the best perks of Season I along with exciting new features. During Season I, we surpassed the $1 billion TVL milestone and grew our ecosystem to over 100 partners. Now we’re going to take the zkLink protocol to the next level with Aggregation Parade Season II with a prize pool of 30 million $ZKL, rewarding our users for their contributions to zkLink Nova, and experimenting with the industry’s first aggregated Layer 3.

Read on below to see how you can participate, maximize your returns, and qualify for a share of the 30 million $ZKL prize pool!

Join The Aggregation Parade Season II

To participate in our Aggregation Parade Season II, head over to our campaign portal.

Timeline

Starting May 31st, 2024, the Aggregation Parade Season II will distribute $ZKL rewards by Epochs, each lasting for approximately 6 weeks. There will be at least three Epochs, until all 30 million $ZKL is distributed.

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Reward Details

Aggregation Parade Season II has a combined prize pool of 30 million $ZKL that will be distributed to users over the span of at least Three Epochs, with Nova Points being converted into ZKL and given to participants at the end of each Epoch, based on the user’s respective Nova Points accumulated throughout the Epoch.

The 30 million $ZKL prize pool will be allocated to participants in the following sectors:

  • Holding Assets (Including Token Merge, Roulette, & Referrals)
  • Spot DEXs
  • Perp DEXs
  • Lending
  • GameFi
  • Other Protocols
  • Boost (zkLink Nova Native Ecosystem DApps)

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The size of the prize pool for each sector will depend on the milestone that has been achieved. The higher TVL or volume of a category will result in larger prize pools.

Users can also earn additional NFT rewards by spinning a Roulette wheel and inviting friends to participate in the campaign.

How To Participate In Season II? Details, Rules, & Rewards

Users must deposit a minimum amount of 0.1 ETH or equivalent through the campaign page or the official canonical bridge to participate in the campaign and earn Nova Points. Please note that if users DO NOT satisfy the minimal entry amount, users will not be able to participate in the campaign.

Users who partake in any of the Aggregation Parade Season II tasks will receive Nova Points. Nova Points measure users’ contribution to each sector, and will be used to distribute $ZKL rewards from the prize pool of each sector.

At the end of each Epoch, all Nova Points earned in each sector during the campaign will be converted into $ZKL

1. Deposit & Hold Assets On zkLink Nova

Participants can deposit assets such as ETH, stablecoins, Layer 2 native tokens, LSTs, and LRTs to zkLink Nova’s platform and hold them to earn Nova Points. Participants can deposit up to 40 different token assets to zkLink Nova. The distributed Nova Points and token multipliers for deposited and held assets will be calculated differently depending on the token, balance, value, and asset’s liquidity. Notably, holding Ethereum (ETH) and merged tokens such as USDT, wBTC, USDC, and DAI will earn 5x Nova Points.

Please see the Aggregation Parade Dashboard “Assets” page for the tokens and their respective points earnings — as well as our Nova Points documentation page for additional details regarding specific assets and their Nova Point multipliers.

2. Merge Tokens

Participants can deposit and use our Token Merge function for assets like USDT, wBTC, USDC, and DAI. Merged tokens will provide users with 5x Nova Point boosts.

3. Interact With zkLink Nova Aggregation Parade Participating Ecosystem DApps

Participants can interact with zkLink Nova ecosystem DApps by making transactions, providing liquidity, and staking. This is a newly added feature to the Aggregation Parade that unleashes the zkLink ecosystem, providing users with higher Nova Point rewards as they engage with different DeFi and yield-bearing sectors. In particular, DApps are split into five sectors:

  • Spot DEXs
  • Perp DEXs
  • Lending
  • GameFi
  • Others

Examples of participating protocols include LayerBank, LogX, Aqua, iZUMI, Allspark, Interport, Orbiter Finance, Symbiosis, and Meson Finance. See the image below for additional participating DApps.

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By interacting with these protocols, users have the opportunity to earn extra Nova Points on top of the zkLink Nova platform. Users are encouraged to explore our ecosystem and engage with their favorite applications that yield the highest Nova Point returns.

4. Native Boost: Interact With Native zkLink Nova DApps

Users can interact with native zkLink Nova DApps such as NovaSwap to receive the most Nova Point rewards out of all the categories. This is our newest and most special feature of the Aggregation Parade Season II.

NovaSwap is an innovative multi-chain aggregated asset AMM DEX built on zkLink Nova that offers ultimate security and multi-layer yields. NovaSwap enables users to enjoy fast, low-cost transactions and earn multiple layers of yields, including LSD yield, LRT points, Nova points, trading fees, and $NOVA rewards.

Engaging with native zkLink Nova DApps like NovaSwap (and more to come in the future) will provide users with the highest Nova Point boosters!

To explore NovaSwap >> please go to the NovaSwap homepage and Launch the App

5. Refer Friends

Fifth, just like in Season I of the Aggregation Parade, users who invite friends to participate in Season II will earn Nova Points as a reward. Those who refer new participants will earn 10% of the Nova Points from their direct invitees throughout the campaign’s Epochs. Also, we are removing the Group Booster to give new campaign participants a better advantage!

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6. Roulette

Last but not least, we all love a little game. So we’re excited to introduce another element to our Aggregation Parade called the “Roulette” where every day, users can spin a special roulette to win zkLink Nova Trademark NFTs and Nova Points.

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Nova Lynks NFTs

For Aggregation Parade Season II, Lynks NFT holders will qualify to split 5 million $ZKL

  • 0–3999 Lynk holders during Season I split 5 million $ZKL
  • 4000–9999 Lynk holders during Season II can split 5 million $ZKL

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Want To Learn More?

For more information about additional participation details and specifics, please refer to the Aggregation Parade website About page.

About zkLink Nova

zkLink Nova is the industry’s first aggregated Layer 3 zkEVM Rollup network built on top of Ethereum and Ethereum Layer 2 rollups (L2s). It is an EVM-compatible, open platform that allows for scattered assets across Ethereum Layer 2s to be aggregated for interoperable trade and transactions. It is secured by zero-knowledge proof technology, charges extremely low gas costs, offers fast finality, and inherits its security from Ethereum.

zkLink is funded by notable backers including Coinbase Ventures, Solana Ventures, SIG DTI, Arrington Capital, and others.

For more information, visit: Website | Medium | Twitter | Discord | GitHub

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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