Unlocking Rewards with Cross Power (CP) on zkCrossDEX
As we gear up for the launch of the Partisia zkCrossDEX on 1st May, we’re excited to Introduce Cross Power (CP) on the zkCross Network — a novel reward mechanism that directly benefits you, the user. zkCrossDEX, a cross-chain decentralised exchange launching first on Partisia, has crafted CP to acknowledge and incentivise the community’s active participation. CP is more than a token; it’s a reflection of the value we place on each transaction and interaction within our ecosystem.
What is Cross Power (CP)?
Cross Power (CP) is a unique, non-tradable rewards token within the zkCross Network. Implemented as a robust incentive mechanism, CP is set to revolutionise the way rewards are distributed on our platforms, starting with the Partisia zkCrossDEX.
The Genesis of CP
With the $CROSS token’s launch on the horizon, CP steps in as a precursor to reward early adopters and frequent users of our ecosystem. It’s our way of saying ‘thank you’ to the community that believes in and supports our vision of a seamless and interconnected Web3 landscape.
How Do You Earn CP?
Every transaction on Partisia zkCrossDEX accrues a nominal platform fee of 0.5%. Unlike traditional fee structures, this fee doesn’t just go to the platform. They return to you in the form of CP, where each CP equals $1 in value.
For instance, if you’ve paid fees totalling $90 across your transactions, you’ll be credited with 90 CP on your zkCrossDEX dashboard — transparent, straightforward, and rewarding.
CP’s Role Before the CROSS Token Launch
CP will be a representation of the value users accumulate within our ecosystem. It’s important to note that CP will be transparent and fully deployed on the blockchain, keeping a record of all CP earned against transaction fees.
Visualising CP on zkCrossDEX
You’ll find CP seamlessly integrated into the Partisia zkCrossDEX UI. Your dashboard will dynamically reflect the total CP earned, ensuring you’re always up-to-date with the rewards you’ve accrued through your trading activities.
Claiming and Converting CP to CROSS Tokens
As we gear up for the launch of the CROSS token, the CP Claim mechanism will be activated. Post-launch, you will be able to claim CROSS tokens at the launch price equivalent to your CP balance. These CROSS Tokens will unlock over a four-week period, with daily unlock, providing you with a steady transition into the new token ecosystem. This pivotal feature demonstrates our commitment to ensuring that our early adopters and active users are recognised for their loyalty and support.
Conclusion
Cross Power (CP) isn’t just a token; it’s a testament to our commitment to user empowerment. As Partisia zkCrossDEX continues to grow and evolve, CP is our assurance that every user’s contribution is valued and rewarded.
We’re on the brink of a DeFi revolution, and with CP, you’re not just a witness; you’re a rewarded participant. So, get ready to trade, earn, and be a part of the zkCrossDEX journey — your gateway to the future of finance.
About zkCross Network
zkCross Network is a decentralised cross-chain interoperability protocol and a DeFi Infrastructure-as-a-Service provider focused on optimising value transfer across Web3 with a single click.
The core of our technology is the zkCross Protocol, a one-click solution that enables seamless liquidity transfers across blockchains, DeFi, DApps and Web3 with a single click. This innovative solution automates complex DeFi interactions like swapping and bridging, making cross-chain transactions straightforward and accessible for all users.
zkCross is the cornerstone of blockchain interoperability. It enables fluid asset transfers and interactions across diverse blockchain networks, ensuring privacy, efficiency, and security.
Website | Twitter | | LinkedIn | Telegram | Discord | Gitbook
