zkLink Price (ZKL)

What Is zkLink(ZKL)?

zkLink develops zero-knowledge blockchain solutions for the Ethereum ecosystem. It's flagship zero-knowledge Layer-3 aggregator platform, Nexus, is designed to bridge the gap among different zk-Rollup Layer-2 ecosystems to reduce liquidity fragmentation while providing security and scalability via zk-Proofs. It also enhances performance and reduces the cost for trading dApps, while making zero security compromises by inheriting the security characteristics from Ethereum.

zkLink Key Highlights

Liquidity Aggregation. The zkLink rollup network consolidates Stablecoins, ETH, and various multi-chain tokens into a unified token, eliminating discrepancies across chains.
Hyperscaling, Upholding Ethereum-grade Security. zkLink App Rollups can achieve up to 1000+ TPS, and sub 0.001 USD transaction cost while maintaining Ethereum-equivalent security measures. This fuels DeFi growth for traders to new heights!
Multi-Chain, Cross-Rollup Abstraction. zkLink allows users to deploy with the language and tools you are familiar with, with access to numerous L1s and L2s. Trade and manage multi-chain tokens on one user interface, without the need for a cross-chain asset bridge.

zkLink Tokenomics

ZKL, the utility token and governance token of zkLink protocol, is a standard ERC20 token, and its smart contract code is derived from the ERC20 contract provided by .
The total amount of ZKL will be kept at 1 billion and non-inflationary. There will be no individual or entity that can issue new units of ZKL.
ZKL as zkLink block fee
ZKL token is the de facto payment token for the dApps to access the zkLink service and pay for the usage of the network block space.
When the dApp server commits a block to the zkLink contract, it has to pay for the validator service in ZKL:
block_fee = total_block_unit * unit_price
wherein:

• unit_price is equal to the lowest bid among the validators;
• total_block_unit is the sum of units of transactions in one block;
• unit is the computing cost of each operation.

ZKL as governance token

• dApps have to stake ZKL to gain access to manager contract;
• validators have to stake ZKL as a guarantee deposit, and help generate zero-knowledge proofs to receive ZKL as rewards;
• Users of the zkLink Eco dApps will be motivated to purchase and hold ZKL to unlock perks and special user rights such as trading fee discounts;
• ZKL holders can stake ZKL to obtain veZKL to initiate proposals, and vote on the proposals to govern the development of the protocol.

zkLink (ZKL) Community

• Twitter: https://twitter.com/zkLinkorg
• Telegram: https://t.me/zklinkorg