Polyhedra Network has launched a four-week temporary staking program, offering $1.13 million worth of ETHFI, ID, and CYBER tokens in USDT value. Participants can stake their ZKJ tokens until July 11 to earn rewards, with a minimum stake of 1,000 ZKJ tokens required for at least a $100 reward.
This launch follows the resolution of a trademark dispute with Matter Labs over the term “ZK.” Matter Labs had attempted to trademark “ZK,” but abandoned the effort after backlash, arguing that ZK innovations should be public goods.
Polyhedra Network’s staking program stands out by offering significant rewards and promoting community engagement. The resolution of the trademark issue highlights the importance of accessible innovations in the crypto space.
Strategically, this staking initiative could enhance community trust and drive long-term growth for Polyhedra Network.
