ZERO Announces Receipt of Polygon Grant to Boost Liquidity on Polygon zkEVM

ZERO is proud to unveil its acceptance of a Polygon zkEVM Grant! This grant includes groundbreaking incentives distribution, aimed at catalyzing liquidity growth in the Polygon zkEVM ecosystem. The program comprises three distinct tiers, each designed to foster liquidity, attract established protocols, and establish Polygon zkEVM as the premier destination for reputable protocol launches.

Tier 1 — Bluechip Liquidity Incentives

ZERO has received a grant as part of its Polygon zkEVM deployment. This is intended to bootstrap liquidity on Polygon zkEVM, focused on bluechip pools, and kick starting the Polygon zkEVM DeFi ecosystem. Liquidity is one of the most important pillars of building a DeFi ecosystem. With ample liquidity, together we can build a plethora of interoperable protocols which will set the foundation for a future of Polygon zkEVM.

The targeted pools include:

• wMATIC/USDC
• wETH/USDC
• wETH/wMATIC
• CASH/USDC
• wETH/wBTC

These carefully chosen pools have consistently outperformed others by trading volume and are ideally positioned to bolster bluechip and $CASH liquidity on the Polygon zkEVM network.

Tier 2 — Protocols Incentives Match Program

The Protocols IncentivesMatch Program represents a unique, dynamic approach to attracting established protocols to Polygon zkEVM. In collaboration with the ecosystem, ZERO will coordinate with partner protocols, calculate ROI, and allocate monthly budgets for incentives matches. Protocols interested in this initiative must coordinate with ZERO and the Polygon Labs team on an adhoc, month by month basis.

The key features include:

• A thorough vetting process to ensure value addition to Polygon zkEVM and ZERO.
• Active collaboration with the Polygon grant initiative to identify established, value-adding protocols.
• These protocols will be offered incentive matching on ZERO.
• 100% match for $MATIC, $USDC, $ETH and qualifying stablecoin bribes
• Weekly incentives match range of $2,000 to $5,000 per protocol (pending approval)

Notable protocols targeted for incentives include stablecoins, LSTs, lending platforms, perpetual trading platforms, and many others. This tier distinguishes itself by distributing incentives in a way that benefits partner protocols, ZERO, and the Polygon zkEVM network while minimizing risks of adverse behavior by protocols to guarantee liquidity growth and overall zkEVM adoption.

Tier 3 — Launchpad Protocol Incentives

To solidify Polygon zkEVM as the preferred launchpad for new protocols, ZERO introduces the Launchpad Protocol Incentives tier. In this tier:

• A thorough vetting process to ensure value addition to Polygon zkEVM and ZERO will be conducted.
• Active collaboration with the Polygon zkEVM Builder Program to identify potential partners for incentive matches.
• A maximum weekly incentives limit of $500 per protocol.

This tier’s objective is to attract emerging protocols to zkEVM, providing them with a smaller incentive to kickstart their journey. Over time, these protocols can grow and thrive within the Polygon zkEVM ecosystem with some support from ZERO and the Polygon team.

Motivation

This Polygon Ecosystem grant represents a significant step toward Polygon zkEVM’s expansion and diversification. By attracting bluechip liquidity, established protocols, and launchpad projects, this initiative aims to create a robust, vibrant, and inclusive ecosystem on the Polygon zkEVM network.

ZERO stands committed to delivering value to its partners, stakeholders, and the broader blockchain community while working to make Polygon zkEVM the ultimate destination for DeFi innovation and liquidity.

About ZERO

ZERO is a next-generation UniV(3,3) AMM on Polygon zkEVM dedicated to fostering innovation and liquidity growth. Additionally, ZERO collaborates with industry leaders to provide cutting-edge solutions for blockchain and protocol adoption. We are committed to building a secure, transparent, and inclusive ecosystem, with a special emphasis on sustainability, that benefits all stakeholders.

The only way up is to start with ZERO.

Socials

Website: Zkzero.fi

Discord: https://discord.gg/stabllabs

Twitter: https://twitter.com/zero_zkevm

Medium: https://medium.com/@stabl.labs/