Aggregation Parade — We Do It The MEGA Way

zk.Link
zkLinkBlog
Published in
7 min readMar 8, 2024

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Get ready for the zkLink Nova launch extravaganza! We’ve just unleashed zkLink Nova, Ethereum’s groundbreaking Layer 3 zkEVM Rollup Network. Our game-changing innovation not only conquers Ethereum’s liquidity fragmentation but is also a gift to developers of a turbocharged Layer 3 network for unleashing their EVM-compatible DApps with seamless access to native assets across Ethereum Layer 2 Rollups.

But hey, we’re not stopping there! Brace yourselves for the first season of a spectacular Yield Campaign, a celebration inspired by the roaring Great Gatsby era! But what’s a celebration parade without friends? Introducing our specially-made-for-the-parade NFT collection, the “Nova Lynks’ ‘ who’s here to get everyone ready for the big parade.

Together with our ecosystem partners, Arbitrum, zkSync, Manta, Mantle & Linea, we’re rolling out thrilling yield-bearing opportunities for the crypto’s biggest yield campaign yet.

Users will be able to receive not one, not two, not three, but SEVEN different chances for gaining Yield!

It’s not just a regular party; it’s an Aggregation Parade for the community.

Start Date: March 14th, 2024 (10:00 AM, UTC)

How It Works

  • Deposits assets such as ETH, mEth & pufETH into zkLink Nova (see the full list of supported tokens list below).
  • Receive rewards in the form of Nova Points (NP) and an SBT.
  • Invite friends to evolve your SBT into a tradeable NFT.
  • The more friends that you invite, the more your NP rewards.
  • The more friends stake, the more your NP rewards.
  • Complete additional tasks to earn even MORE NP rewards.
  • Rank high in the bonus task leaderboard to earn, you guessed it, EVEN MORE NP REWARDS!
  • Sit Back & enjoy those boosters on your NP.
  • All NP will be eligible for conversion into $ZKL at the end of the season.

Nova Points (NP) are the designated metric for our leaderboard system used to recognize and reward individuals with $ZKL according to our allocation scheme (Details to be revealed soon) who participate early in the zkLink Nova ecosystem.

Phase 1 Campaign Mechanics & Rules

There are three aspects to the Aggregation Parade yield campaign; Bridging, Staking & NFT referral program. Users will need to participate in all three to maximize the yield-bearing opportunities. During Phase 1 of the Nova Campaign, withdrawals are temporarily restricted for a Maximum of 30 days

Bridging

To earn Nova Points, users must deposit a minimum amount of ETH through the campaign page (https://app.zklink.io) or the official canonical bridge (https://portal.zklink.io/bridge/). The minimum amount will be adjusted after seven days when the campaign starts. It is important to note that if you DO NOT satisfy the minimal entry amount, you will not be able to participate in the campaign.

Minimum Entry

  1. First 7 days 0.1 ETH (Or Equivalent)
  2. After Day 7th 0.25 ETH (Or Equivalent)

DEPOSIT BOOST BONUS: Users who bridge into the Nova network will receive 10x Nova points for every deposit/bridging action that occurs.

  • ​​Deposit Value Adjusted = Token multiplier* Asset Value
  • Nova Points = 10* Deposit Value Adjusted

Nova Lynks NFT Referral Program

When you bridge into Nova, you get to mint ONE of the FOUR Nova SBTs.

For every three friends you invite, you will be able to obtain a trademark NFT.

These trademarks are special, and collecting four unique trademarks lets you upgrade your SBT into a special Nova Lynks NFT. Holding on to these upgraded Nova Lynks NFTs allows you to split the pool of 10,000,000 $ZKL tokens.

Referral Rewards

By inviting friends, you can earn 10% of the Nova points they earn throughout the duration of the Aggregation Parade. For instance, if you refer to 10 users, and collectively they earn 100 Nova points, you will also earn 10 points.

  • Referral Points = 0.1* sum_all referrals (Nova Points)
  • Referral Number Limit for Early Bird Phase: 10 CAP
  • Referral Number Limit After Early Bird Phase: 30 CAP. For every additional ETH/equivalent to DIRECT referral TVL → Unlock 1 additional invite CAP
  • The top 100 on the Leaderboard will be able to FREE mint a Mystery Box (More details to be revealed later)

Staking

Users will be able to deposit various tokens such as ETH, wBTC, USDC, and other L2, LST, and LRT Tokens. Nova Points of the staked assets are calculated based on the value of the staked amount and boosted according to the 3 factors below;

  1. Token Class Multiplier

2. Group Staking

Unlock group milestones by achieving the following milestones:

3. Bonus Early Bird Multiplier

Users who stake early into the contract will receive an Early Bird Boost.

Point Calculations & Rewards

Nova Points are calculated and distributed once every 8 hours. zkLink will compute participants’ Nova points based on their “Holding Value” adjusted by its token multiplier.

The specific calculations are as follows:

  • Holding Value_Adj. = sum_all tokens in the activity list (Token Multiplier * Asset Value)
  • The Nova Points are equal to the Holding Value_Adj. boosted by Group Booster (see above for details regarding Group Rewards).
  • Nova Points = (1+Group Booster )* Holding Value_Adj.

The leaderboard displaying the points of the users will also be updated once every 8 hours.

*Disclaimer: Aggregation Parade Online Campaign*

By participating in the Aggregation Parade Online Campaign, you agree to the following terms and conditions:

  • Campaign Rules: We reserve the right to modify the campaign rules at any time without prior notice. Participants are responsible for regularly reviewing the rules to stay informed of any changes.
  • Distribution in the Event of Sybil: In the event of suspected Sybil activity, where participants create multiple accounts to manipulate outcomes, we reserve the right to adjust distribution methods and outcomes accordingly. Our decision in such matters is final.
  • Rights Reserved: We hold the final rights to interpret, explain, and enforce the rules and regulations of the campaign. Our decisions regarding any aspect of the campaign, including but not limited to participant eligibility, rule enforcement, and prize distribution, are binding and not subject to dispute.
  • Participant Responsibility: Participants are responsible for familiarizing themselves with the campaign rules and complying with them. Ignorance of the rules will not be accepted as an excuse for non-compliance.
  • Liability: We shall not be held liable for any loss, damage, inconvenience, or other adverse outcomes sustained by participants or third parties arising from participation in the campaign, except in cases of willful misconduct or gross negligence on our part.
  • Consent to Use of Likeness: By participating in the campaign, participants consent to the use of their likeness, including but not limited to twitter handles, NFTs, and other identifying information, for promotional purposes related to the campaign, without any compensation.
  • Indemnification: Participants agree to indemnify and hold harmless the campaign organizers, sponsors, partners, and affiliates from and against any claims, losses, damages, liabilities, costs, and expenses arising out of or relating to their participation in the campaign.

By participating in the Aggregation Parade Online Campaign, you acknowledge that you have read, understood, and agree to abide by these terms and conditions. Failure to comply with these terms may result in disqualification from the campaign and forfeiture of any prizes or benefits.

About zkLink Nova

zkLink Nova is the pioneering Aggregated Layer 3 Rollup zkEVM network that brings unprecedented liquidity and asset aggregation to Ethereum and its Layer 2 Rollups. Built with ZK Stack and zkLink Nexus, it leverages ZK Proofs to enhance scalability and security. Developers enjoy an open platform for deploying Solidity smart contracts and instantly tapping into integrated networks like Arbitrum and zkSync. Nova simplifies DeFi by presenting a unified ecosystem for users and DApps, promoting a seamless blockchain experience.

zkLink is funded by notable backers including Coinbase Ventures, Solana Ventures, SIG DTI, Huobi Ventures, Efficient Frontier, and others.

For more information, visit Website | Twitter | Telegram | Discord

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The First Aggregated Layer 3 Rollup for High Performance ZK Applications