Integrating Aleph Zero with Earn Network: Enhancing DeFi and NFT Staking
The integration of Aleph Zero with the Earn Network marks a substantial enhancement of our platform’s capabilities, introducing advanced token and NFT staking opportunities for a highly dynamic community.
Introduction
We are excited to announce a major development at Earn Network: the integration of Aleph Zero as a base layer. By leveraging Aleph Zero’s unique blockchain features alongside our platform’s capabilities, we believe this implementation will significantly enhance both ecosystems. Our primary focus is on empowering creators with effective development tools, providing a wide array of benefits for the community, particularly in terms of yielding opportunities while supporting their favorite projects.
About Aleph Zero
Aleph Zero is a fast and scalable blockchain ecosystem boasting a WASM L1, an EVM L2, subsecond transactions, scalability, and broad liquidity. The chain will be further bolstered by its zkOS privacy-enhancing layer and zkToolkit, which makes it simple for developers to onboard these features to whatever app they are building. The network is designed to cater to a broad range of use cases including DePin, RWA, DeFi, Gaming, and decentralized identity systems. Broadly speaking, Aleph Zero is an ideal pick for building both private and public Web3 applications.
Earn Network as part of Aleph Zero EFP
Earn Network has been selected for the Aleph Zero Ecosystem Funding Program, a dedicated initiative to promote the adoption of the Aleph Zero blockchain. We are confident that our implementation efforts will fully justify the trust placed in us, and that our products will significantly contribute to the growth of various projects, the community, and the network as a whole. We believe in the power of mutual growth, which we aim to achieve by transforming integrated features into tangible values, alongside all future collaborative ventures.
Integration details of Aleph Zero within Earn Network
Platform and Smart Contract Adaptation
Earn Network’s integration of Aleph Zero WASM layer 1 introduces this blockchain as the first non-EVM base layer on the platform, enhancing our multi-chain ecosystem. Users and creators have a wide array of wallets through which they can connect and sign transactions directly on the Aleph Zero blockchain, including but not limited to: Aleph Zero Signer, SubWallet, NovaWallet and Polkadot.js. Moreover, the Aleph Zero wallets can be linked with the EVM wallets under one profile on Earn Network, making cross-chain investments truly convenient to track.
Expanded Staking Features
The integration significantly extends Earn Network staking features, opening them to the vibrant community of Aleph Zero. Our smart contracts were rewritten to provide robust compatibility, ensuring that all of the platform’s DeFi and NFT staking features are fully operational on the Aleph Zero blockchain. The most significant processes for projects include the ability to set up staking pools and customize rewards in just a few clicks, allowing for diverse and adaptive implementations. In addition, Aleph Zero’s integration supports multiple reward opportunities within a single asset staking pool, broadening the potential returns for users.
Cross-chain capabilities
With Aleph Zero now part of our platform, users can benefit from increased cross-chain compatibility. Rewards native to the Aleph Zero ecosystem can be integrated into EVM staking pools on our platform and vice versa. This functionality not only improves the regular user experience but also opens up a greater range of collaborative opportunities between projects, increasing the overall appeal and effectiveness of staking solutions.
Benefits of Integration
- For Projects on Aleph Zero:
- Provides projects with customizable staking mechanisms that are secure and scalable.
- Offers access to Earn Network’s established user base, increasing exposure and user engagement.
- Facilitates innovative multi-rewards staking options and financial models not previously available on Aleph Zero.
- For the Aleph Zero Ecosystem:
- Attracts a broader range of developers and projects to Aleph Zero, increasing its adoption and visibility.
- Enhances the blockchain’s utility by incorporating easy-to-use implementations for DeFi and NFTs on Aleph Zero.
- The thorough integration of the blockchain mechanisms will also streamline the development of future Earn Network products on it, such as Prediction Markets, where Aleph Zero’s privacy technology can be fully leveraged.
- For the Earn Network:
- Expands technological capabilities and integrates one of the most promising industry blockchains.
- Diversifies staking options, attracting new projects and users interested in next generation blockchain solutions.
- Strengthens the market position of the Earn Network as a leading and constantly evolving DeFi and NFT platform.
- For Platform Users:
- Access to new and innovative staking pools with potentially higher returns.
- Security and privacy of transactions thanks to Aleph Zero’s advanced protocols.
Summary
Get ready to experience enhanced security, scalability, and transaction speed firsthand through upcoming Aleph Zero’s implementations on our platform, and see how this powerful addition can elevate your investment strategies on the Earn Network.
