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Home » OKX Introduces Innovative Jumpstart:ZK (Polyhedra Network), Excludes OKB as Collateral
Investment Finance

OKX Introduces Innovative Jumpstart:ZK (Polyhedra Network), Excludes OKB as Collateral

Mar. 12, 2024No Comments2 Mins Read
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OKX Introduces Innovative Jumpstart:ZK (Polyhedra Network), Excludes OKB as Collateral
OKX Introduces Innovative Jumpstart:ZK (Polyhedra Network), Excludes OKB as Collateral
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Recently, the OKX platform’s cryptocurrency, OKB, has surged, with a 35% increase on the 30th of the month. Some speculate that OKX may include OKB in its new coin issuance platform, Jumpstart. On March 12th, OKX launched a new file called Jumpstart: ZK (Polyhedra Network). However, the results were not as expected, and BTC and ETH are still used as collateral targets. In addition, after Jumpstart faced regulatory concerns in South Korea, it has been prohibited from participating in the Korean market.

OKX’s new file, Jumpstart: ZK (Polyhedra Network), will be available from 4 PM on March 15th (Taiwan time) to 4 PM on March 19th. The BTC/ETH collateral pool allows for a maximum of 0.3 BTC/3.5 ETH, and there will be 3,000,000 ZK available for each.

ZK (Polyhedra Network) aims to enhance computational capabilities and integrate with the blockchain ecosystem, covering both Web2 and Web3. It will utilize zkBridge as a platform for developing, testing, and perfecting its proof system. The development of a universal ZK interoperability protocol will expand zkBridge to achieve greater interoperability for Web2 and Web3 applications, as well as integrate real-world assets into Web3.

For further reading, please refer to the related articles on zkSync’s technological innovations and why it has the potential to impact the existing Rollups ecosystem. Additionally, you can explore the reasons behind the large-scale airdrop of Starknet and why it is happening now.

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