Polyhedra Network partners with Renzo to provide $1.8 billion security for Bitcoin interoperability protocol
According to Foresight News, Polyhedra Network announced that it has reached a cooperation with Renzo to provide $1.8 billion in crypto-economic security for its Bitcoin interoperability protocol by integrating the dual pledge mechanism of Renzo’s liquidity re-pledge token LRT and ZK token. , for trust-minimized Bitcoin interoperability.
Polyhedra stated that in the future, pledgers of Polyhedra Network’s native token ZK will receive benefits from cross-chain messages in the Bitcoin ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 1.927 million ENA flowed into a certain exchange's Prime, worth approximately $5.51 million
Data: If ETH breaks through $3,353, the total short liquidation intensity on major CEXs will reach $1.11 billions.
Belarusian President Lukashenko supports cryptocurrency mining, saying it can replace the US dollar