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Polyhedra

Basic Information

InformationDetails
Project NamePolyhedra Network
Project Websitehttps://polyhedra.network
Project DescriptionPolyhedra Network is building a Web3 infrastructure focusing on interoperability, scalability, and privacy using advanced zero-knowledge proof (ZKP) technology. Their flagship invention, zkBridge, transforms blockchain interoperability by enabling secure, fast, and trustless cross-chain transactions.
Project Ticker$ZKJ

Airdrop Details

InformationDetails
Airdrop Typeretroactive,testnet
Total Airdrop Amount1 million $ZKJ tokens
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotNot Known
Claiming StartedMarch 19,2024
Claiming EndsNot Known

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

To qualify for the Polyhedra Network airdrop, users can participate in the following activities:

  • Minting and Bridging NFTs: Users can create NFTs on supported blockchains and transfer them using zkBridge. This process involves setting up the Binance Web3 Wallet, creating an NFT on a chosen network, and using zkBridge to transfer the NFT to another supported network. citeturn0search1

  • Bridging Tokens: Users can transfer tokens such as BNB, USDT, or ETH between supported blockchains using zkBridge. This involves connecting the Binance Web3 Wallet to zkBridge, selecting the source and destination networks, specifying the amount to transfer, and confirming the transaction. citeturn0search1

Engaging in these activities across various network combinations may increase the chances of receiving a larger airdrop allocation. citeturn0search1

Additional Information

The $ZKJ token serves multiple purposes within the Polyhedra Network ecosystem, including:

  • Zero-Knowledge Proof Service Fees: Developers and applications can use $ZKJ to pay for Polyhedra’s ZK proof services.

  • zkBridge Transaction Fees: Protocols and users can utilize $ZKJ to cover fees for cross-chain transactions facilitated by zkBridge.

  • Staking: Users can stake $ZKJ tokens to participate in network governance, transaction verification, and receive ecosystem incentives. For example, ZK provers can stake $ZKJ to contribute to the zero-knowledge proof network and earn rewards.

  • Economic Security: The $ZKJ token, alongside EigenLayer restaking, provides crypto-economic security, particularly in securing the trust-minimized bridge from Ethereum to Bitcoin.

  • Governance: $ZKJ token holders have the ability to vote on infrastructure and ecosystem decisions within the Polyhedra Network.

The token distribution is planned over a six-year timeline, with specific allocation details outlined in the official tokenomics blog post. 

Note: Specific dates for the airdrop timeline, as well as detailed distribution amounts per user, were not available in the provided sources. Participants are encouraged to engage with the Polyhedra Network’s platforms and monitor official announcements for updates.

This post is licensed under CC BY 4.0 by the author.