Embrace vXZK: Driving Decentralization and Community Rewards

Mystiko.Network
2 min readJun 29, 2024

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👉Now, click the link https://dao.mystiko.network/wrap to wrap XZK into vXZK.

👍How to Wrap XZK to vXZK: Step-by-step Guide
https://medium.com/@Mystiko.Network/wrap-your-xzk-to-vxz-effortlessly-your-key-to-mystiko-dao-7609ea48990d

Why? Read on to find out.

🔥vXZK Community Vanguard!

We are excited to announce a significant event for the Mystiko community: the total airdrop allocation will represent a significant portion of the total tokens from the Community Incentives vault, reaching as high as 21.5% (20.8% from Community Incentives, 0.7% from Early User Rewards).

To ensure a strong foundation for our decentralized governance model, 2% of this allocation will be converted into vXZK for early participants and contributors to actively participate in community governance voting.

Our Commitment to Decentralization

At Mystiko, we are committed to pioneering a truly decentralized future. By taking this initial step, we aim to guide early decisions to align with the long-term vision and stability of Mystiko. This strategic intervention will help set the stage for a self-sustaining, community-driven ecosystem.

🦺Easy Swap, Consistent Value

👉https://dao.mystiko.network/wrap

You can easily obtain vXZK through a simple 1:1 exchange. The exchange rate between vXZK and XZK will always remain at a 1:1 ratio, with no limitations on the number of tokens you can exchange.

📸Daily Snapshots and Transparency

Once you have vXZK, simply hold them in your on-chain wallet. Every day, a snapshot of wallet balances will be taken at a random time, starting from June 30th, 00:00 UTC+0. Users will be able to check daily snapshots to monitor their holdings.

🏆Leaderboard Rewards and Community Engagement

Please stay tuned on Twitter, where you’ll soon see the Leaderboard and discover opportunities to earn additional rewards.

There will be extra ranking rewards calculated for users on the leaderboard during the period. Your consistent engagement can earn you significant rewards.

🗳Mystiko DAO: Your Vote Matters

Soon, use vXZK to participate in Mystiko DAO community voting. Watch Mystiko’s Twitter for updates! Voting secures your share of the 20.8% airdrop allocation, empowering a decentralized ecosystem.

🎁Claim Your Airdrop

On July 18th, use our airdrop checker to claim rewards by connecting your wallet address. Shape Mystiko’s future with decentralized governance and community empowerment!

Learn more about Mystiko.Network and follow us:

Website| Twitter| Discord | Medium | Whitepaper| Docs

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Mystiko.Network

Mystiko is the base layer of Web3. Mystiko operates as a universal ZK SDK, enhancing the scalability, interoperability, and confidentiality of blockchains.