The Cronos zkEVM ecosystem is here, and it’s packed with innovative projects that are set to redefine the DeFi landscape. Dive into the rapidly growing Cronos zkEVM ecosystem with XY Finance and join the Cronos zkEVM Pioneer Program along the way to maximize your Cronos zkEVM points!
What is Cronos zkEVM?
Cronos zkEVM is an Ethereum Layer 2 blockchain scaling solution that leverages ZKsync’s technology — ZK Stack, extending the existing portfolio of dapps on the Cronos ecosystem. It connects to the Ethereum Mainnet via a shared bridge, leveraging Ethereum’s user base and security while incorporating zkSync’s functionalities for secure and efficient cross-chain operations.
Cronos zkEVM is launched through a partnership between Cronos Labs and engineering teams from Matter Labs (the team behind zkSync), Crypto.com, VVS Finance, Fulcrom Finance, and Veno Finance. The launch of Cronos zkEVM aims to support the ecosystem’s growth in 2024. As the market gradually recovers and the Ethereum Layer 2 ecosystem flourishes next year, the team plans to introduce Ethereum-based universal rollups to attract and channel market liquidity into the Cronos ecosystem.
Introducing Top 12 Dapps on Cronos zkEVM
As mainnet is live now, Cronos zkEVM ecosystem is set to grow significantly, attracting a vibrant community of dapps, builders, and users. According to the official Cronos announcement on X, the platform already boasts several launch partners, including pioneering projects in DeFi, GameFi, NFTs, and RWA.
Let’s take a deep look at a few highlights from the Cronos zkEVM ecosystem.
DeFi — VVS Finance
VVS Finance is a decentralized exchange using automated market-making (AMM). Their core product features include Bling Swap, Crystal Farms, Flawless Farms, Gitter Mines, Initial Gem Offering (IGO), Analytics, and VVS Staking Utility
VVS and xVVS tokens are our platform’s native tokens. These tokens serve multiple purposes, including utility, governance, and rewards throughout the VVS platform.
GameFi & NFT Market & DEX — Ebisu’s Bay
Ebisu’s Bay is a dynamic platform that merges NFT and DEX trading with GameFi through Ryoshi Dynasties —- a gamified DAO governance system. On Ebisu’s Bay platform, you can buy, sell, and trade a wide range of Cronos NFTs and cryptocurrencies with ease.
By staking $Fortune tokens for $Mitama, users can participate in governance and provide input, transforming the marketplace into an engaging, story-driven digital collectible space.
GameFi Aggregator DEX — Wolfswap
Wolfswap is an Aggregator DEX that incorporates GameFi aspects to deliver the best experience for the end-user. Compatible with all EVM chains, it offers a range of practical features designed to enhance user engagement.
One key feature is the Aggregator, which identifies the best prices across all DEXs, ensuring optimal trades. Soon, an AI Scanner will be integrated to provide enhanced contract security.
DeFi & SocialFi — Earn Network
Earn Network is a DeFi & SocialFi marketplace where everyone is able to create their own financial (and related) products with ease. Currently, Earn Network provides services such as DeFi Staking, NFT Staking, Native Restaking, Prediction Markets, and Lending. In the future, it will introduce new features such as RWA, Indices, Lending, and Liquid Staking.
What’s more, Earn Network enables ‘no-code’ solutions whereby more people can utilize secure and audited templates to create their own financial products, such as token staking pools, NFT staking pools, prediction markets, indices, and more. It also delivers a set of tools to ensure worldwide compliance and a secure environment for everyone to transact.
Liquid Staking — Veno
Veno is a liquid staking protocol on Cronos and zkSync Era, allowing users to stake CRO, ATOM, TIA, and ETH. In return, users receive auto-compounding, yield-bearing receipt tokens (LCRO, LATOM, LTIA, LETH) designed to maximize composability. Just by owning the liquid tokens, users automatically accrue the staking yield value in their liquid tokens; the liquid tokens can thus be used freely across the DeFi ecosystem on both chains.
Cost savings are achieved by leveraging their own node infrastructure and/or the infrastructure of our partners. Enterprise-grade node set-up and deep expertise in running node infrastructure to ensure reliability. Veno also has an insurance module that will help secure user funds in the unlikely event of a slashing penalty.
NFT Market — Minted
Minted.network is a decentralized NFT platform that aspires to be the digital bazaar of wonders for everyone to discover, trade, and find NFT gems native to Ethereum and Cronos. Aiming to bring more tools for the collection owners to design, curate, and offer utilities to their communities, all without the technical complexities that riddle many aspiring collection owners.
Minted rewards supporters of the platform with its native token, $MTD, for participating in various activities in the ecosystem. Users can also deposit $MTD into vaults to earn additional yield. In the future, $MTD may also be used for governance of the platform.
DeFi — H2 Finance
H2.finance is a native DEX live on the Cronos zkEVM, offering a seamless trading experience for traders and attractive liquidity rewards for liquidity providers.
DeFi — Amply Finance
Amply Finance is the first money market on Cronos zkEVM, providing a decentralized lending platform that offers zkCRO, vETH, vUSD, and wBTC markets for supplying and borrowing.
Bridge — RhinoFi
RhinoFi is a seamless multi-chain DeFi aggregator that provides secure and safe access to top decentralized finance (DeFi) opportunities, all in one place. As a self-custodial platform, it ensures you maintain full control of your funds, using cryptographic signatures for authentication instead of API keys.
Meme Coins Launchpad — Puush.fun
Puush.fun can let users effortlessly create and trade meme coins on the Cronos blockchain. Puush.fun prevents rugs by making sure that all created tokens are safe. Each coin on puush is a fair-launch with no presale and no team allocation.
DEX — Marswap
Marswap is a DEX on Cronos zkEVM, offering a platform to swap tokens and various on-chain toolings.
Data Infra — Covalent
Covalent is a decentralized data infrastructure that allows users to seamlessly access blockchain data that was previously inaccessible. Covalent indexes the entire blockchain history and transforms this data in a standardized and truly interoperable way. Users can leverage a unified API to query almost any data on a given blockchain.
How to Bridge to Cronos zkEVM?
After exploring the key Dapps on Cronos zkEVM, the final step is to transfer your assets to Cronos zkEVM.
XY Finance provides a seamless and efficient method for bridging assets to Cronos zkEVM. Don’t waste your time! You can now bridge tokens to Cronos zkEVM with this simple guide:
- Visit XY Finance Transfer Page & Connect Wallet
- Select Chain & Token: Select your source chain & token as well as your desired token on Cronos zkEVM.
- Approve Transfer: Click “Review Route”, double-check the rate and route, then click “Transfer” and sign the message from your wallet.
- Wait for Transaction: Track the process on XY Finance Explorer or Cronos zkEVM Explorer. Your transaction should be completed within 2 minutes. If it takes longer, open a ticket on XY Finance Discord.
- Transaction Completed: Receive notification on the transaction status.
If your transaction cannot be completed, please open a ticket in the XY Finance Discord. The team will happily help you resolve the issue as soon as possible.
Interact with Dapps on Cronos zkEVM! Unlock Potential Airdrop Rewards
As Cronos zkEVM Pioneer Program is live, you can increase your wallet interactions with dApps in the ecosystem by completing quests and earn extra points along the way!
You think it couldn’t get better? By completing XY Finance tasks, simple bridge at least $10 from any supported chain to Cronos zkEVM, you can join 2 waves of $2,000 zkCRO lottery draw 🔥
Don’t miss this chance to be an early participant in a thriving DeFi landscape—start exploring and earning today!
Unlock New Possibilities with Cronos zkEVM — Get Started Now!
