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Polyhedra Network Kicks Off Staking after Resolving ZK Trademark Issue
Polyhedra Network, a decentralized finance (DeFi) protocol leveraging zero-knowledge proofs for enhanced scalability and security, has officially launched its staking services following the resolution of a contentious trademark dispute over the term “ZK”.
This new development marks a significant milestone for the network and its community, offering users the opportunity to earn passive income from their token holdings.
Details of the Staking Service
With the launch of staking services, Polyhedra users can now lock up their ZKJ tokens (formerly known as ZK tokens) to support the network’s operation, such as validating transactions and securing the blockchain. In return, stakers will receive rewards in the form of additional tokens.
During the staking event, users will be rewarded with various cryptocurrencies, including ETHFI, ID, and CYBER. The platform has allocated up to $1.13 millio
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