According to the official announcement from OKX, it has been revealed that OKX Jumpstart will launch ZK (Polyhedra Network). Users can stake BTC and ETH to obtain ZK tokens starting from 14:00 on March 15 (UTC+8). The total amount of mineable tokens in both the BTC staking pool and ETH staking pool is 3 million each. Each individual can stake a maximum of 0.3 BTC and 3.5 ETH. The event will end on March 19 at 14:00, and the distribution of the new tokens will be completed by 16:00 on the same day. The token trading opening time will be announced separately.
It is reported that Polyhedra Network is a startup company that provides Web3 infrastructure supported by zero-knowledge (ZK) proofs. In April of last year, it completed a Pre-A round financing of $15 million led by Polychain Capital. In January of this year, it received investment from OKX Ventures. The total supply of ZK tokens is 1,000,000,000, with the specific allocation as follows: 10% for core contributors, 15% for foundation reserves, 15% for community, airdrop, and marketing, 28% for investors, and 32% for ecosystem and network incentives.
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