Polyhedra Network is dedicated to establishing a trusted foundation for the intelligent future. By harnessing the power of zero-knowledge proofs (ZKPs) and cutting-edge blockchain technology, the project develops scalable, secure, and verifiable systems. These systems are designed to enable seamless interactions across diverse decentralized ecosystems.
The mission is rooted in the conviction that trust and scalability are fundamental to driving innovation. Through technologies such as zkBridge and a suite of interoperability protocols, developers are empowered to break through traditional computational limitations. This facilitates the creation of robust applications built for long-term efficiency and sustainable growth.
Core Technology and the ZKJ Token
A pivotal achievement of Polyhedra Network is zkBridge. This is a trustless interoperability protocol that enables secure and efficient communication between different blockchains without needing third-party intermediaries. It has evolved into a general zero-knowledge interoperability protocol, broadening its use cases to include the seamless transfer of real-world assets (RWAs) across networks. zkBridge has already processed tens of millions of cross-chain transactions and generated over 40 million ZK proofs, underscoring its proven reliability and massive scalability.
The native token, ZKJ, is central to securing and decentralizing this ecosystem. It serves multiple critical functions, including covering EXPchain gas fees, facilitating staking, and enabling community governance. This ensures that every developer and user can actively participate in building the infrastructure for a future where artificial intelligence operates within a trusted, decentralized framework.
As the network continues to pioneer modular interoperability and advanced zero-knowledge proof services, it is constructing the secure infrastructure required to advance both AI and decentralized systems into a new generation of intelligence.
Primary Use Cases for the ZKJ Token
ZKJ is the native utility and governance token of Polyhedra Network. It provides holders with various rights and utilities within the ecosystem.
EXPchain Gas Fees
Developers and applications can use $ZKJ to pay for gas fees, ensuring seamless operations for dApps and AI systems built on the EXPchain.
Zero-Knowledge Proof Service Fees
Developers can utilize $ZKJ to pay for the network’s zero-knowledge proof generation services, which are essential for verifying computations without revealing underlying data.
zkBridge Transaction Fees
Protocols and end-users can pay for cross-chain transaction fees on zkBridge using $ZKJ. This is particularly relevant for LayerZero developers and omni-chain applications (OApps) that leverage the zkBridge Oracle and Decentralized Verification Network (DVN).
Staking and Network Participation
Users can stake their $ZKJ tokens to participate in critical network activities. This includes roles in network governance and transaction verification, for which participants receive network and ecosystem incentives. For example, zero-knowledge provers can stake tokens to join the proof-generation network and earn rewards for their contributions.
Enhancing Economic Security
The $ZKJ token will be integrated with EigenLayer restaking to provide robust crypto-economic security. A dual staking mechanism will be employed specifically to secure the trust-minimized bridge connecting Ethereum to Bitcoin.
Community Governance
Holders of the $ZKJ token have the right to vote on key governance proposals. This includes decisions related to the network's infrastructure and the direction of its broader ecosystem, giving the community a direct voice in its future.
Token Distribution and Release Schedule
Basic Token Information
- Ticker Symbol: ZKJ
- Launch Chains: Ethereum (as an ERC-20 token) and BNB Chain (as a BEP-20 token)
- Maximum Total Supply: 1,000,000,000 ZKJ
- Initial Circulating Supply: 91,000,000 ZKJ (9.1% of the total maximum supply)
Allocation and Vesting Details
The distribution of $ZKJ tokens will occur over a six-year period according to the following schedule:
| Category | Total Allocation | Cliff Period | Vesting Schedule |
|---|---|---|---|
| Community, Airdrop, & Activities | 15% | No cliff | Linear unlock over 36 months |
| Ecosystem & Network Incentives | 32% | No cliff | Linear unlock over 36 months |
| Foundation Reserves | 15% | No cliff | Linear unlock over 36 months |
| Token Purchasers (Pre-TGE) | 2% | 1-month cliff | Linear unlock over 24 months |
| Token Purchasers (Private Sale) | 26% | 24-month cliff | Linear unlock over 24 months |
| Core Contributors | 10% | 24-month cliff | Linear unlock over 48 months |
This structured release schedule is designed to ensure long-term alignment with the project's goals and stability for the ecosystem. To understand how such tokenomics influence project growth and user incentives, you can explore more strategies for evaluating blockchain ecosystems.
Frequently Asked Questions
What is the main purpose of the ZKJ token?
The ZKJ token is a multi-utility asset central to the Polyhedra Network. Its primary purposes include paying for network fees (gas, bridge, and proof services), securing the network through staking and a dual mechanism with EigenLayer, and enabling holders to participate in community governance votes.
How can I acquire ZKJ tokens?
Tokens may be acquired through participating in ecosystem incentives, community airdrops, or via supported cryptocurrency exchanges after the token generation event (TGE). Always ensure you are using reputable platforms for any token acquisition.
What is zkBridge and why is it important?
zkBridge is a trustless interoperability protocol that allows different blockchains to communicate and transfer assets and data securely without relying on a central authority. Its importance lies in enabling true cross-chain functionality, which is vital for the growth of a connected and versatile Web3 ecosystem.
What does the token release schedule mean for investors?
The vesting schedule means that tokens allocated to private investors and core contributors are locked for a period of time before being gradually released. This mechanism helps prevent immediate market flooding from large sell-offs, promoting price stability and demonstrating long-term commitment from the project's backers.
Can I stake my ZKJ tokens? What are the benefits?
Yes, users can stake ZKJ tokens to participate in network operations like verification and governance. The benefits typically include earning rewards in the form of additional tokens, thus contributing to network security while generating a potential return on your holdings.
How does ZKJ contribute to crypto-economic security?
ZKJ is used in a dual staking model alongside EigenLayer. This means that stakers help secure the network, particularly critical infrastructure like the Ethereum-to-Bitcoin bridge, by having their staked assets economically at risk, ensuring they act honestly.