zkLink, a provider of Zero-knowledge Layer 3 framework, has launched a $ZKL grant project worth 20,000,000 to support developers building on zkLink. This initiative aims to foster creativity and advancement in the zkLink ecosystem by offering financial support to developers working on projects utilizing zkLink's technology.

Grants will be distributed based on the projects' impact, technical feasibility, and alignment with zkLink's goal of advancing privacy and upgradability in blockchain technology.

According to Vince Yang, founder and CEO of zkLink, their main focus is to empower developers to showcase their skills in innovative areas and foster creativity in the zkLink ecosystem.

Developers building on zkLink enjoy various benefits, including pooled liquidity across Ethereum and Layer 2 blockchains without the need to bridge assets between chains. They also benefit from a unified deployment interface and a comprehensive SDK for developing and deploying multi-chain dApps using APIs.

The application process is scheduled to begin on March 11, 2024, and will run until June 11, 2024.

In addition to the grant project, zkLink has announced plans to launch a multi-season community yield program called Aggregation Parade, coinciding with the mainnet release of zkLink Nova. Another 10,000,000 $ZKL tokens have been allocated for participants in its upcoming Nova Lynks NFT collection during the first season of Aggregation Parade on March 13, 2024.

zkLink aims to continue providing Nova Points to its growing user base, which can be exchanged for ZKL tokens. The scheme will involve zkSync, Linea, and other platforms. The Nova mainnet launch is scheduled for March 11, 2024.

zkLink enables developers to build and connect dApps with all Ethereum Layer 2 ecosystems, offering high-level security features and addressing liquidity fragmentation with ZK Proofs. The company's funding comes from investors like Coinbase Ventures, Solana Ventures, and others.

zkLink Nova is an Aggregated Layer 3 Rollup zkEVM network with significant liquidity and asset integration with Ethereum and its Layer 2 Rollups. It was built using ZK Stack and zkLink Nexus and utilizes ZK Proofs to enhance upgradability and security.

Developers have access to an open platform to deploy Solidity smart contracts and seamlessly connect with integrated networks such as Arbitrum and zkSync.

Nova aims to simplify DeFi through a unified ecosystem for users and dApps, facilitating seamless blockchain interaction.