$ZKJ is set to launch a new staking campaign, following the success of its previous round which saw a remarkable 144% APR in the first week.
This initiative allows ZK provers to stake their $ZKJ tokens to participate in the zero-knowledge proof network, earning rewards for the proofs they provide. This staking mechanism underscores the importance of governance tokens within the @PolyhedraZK ecosystem.
With the $ZKJ (formerly known as $ZK) staking program ending today, iCrypto.ai has observed significant deposits of $ZKJ back onto centralized exchanges (CEX), particularly OKX. Participants in the staking program over the past month will be rewarded with $ETHFI, $CYBER, and $ID tokens.
$ZKJ Price Action To Monitor
In the last month, $ZKJ has increased by 8%, showing resilience against the broader decline in $BTC. The token continues to trend upwards, forming a triangle pattern with strong support at $1.2. This positive movement highlights $ZKJ’s potential as a robust investment within the zero-knowledge proof space.
As $ZKJ prepares for its new staking campaign, the token’s performance and staking rewards offer promising opportunities for investors and participants in the @PolyhedraZK ecosystem.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.