Polyhedra Network partners with Renzo to provide $1.8 billion in crypto-economic security for its Bitcoin interoperability protocol
Polyhedra Network announced a partnership with Renzo to provide $1.8 billion in cryptographic economic security for its Bitcoin interoperability protocol by integrating Renzo's liquidity re-pledge token (LRT) and ZK token's dual pledge mechanism. This will achieve trust-minimized Bitcoin interoperability. In the future, ZK token (Polyhedra Network's native token) pledgers will receive profits from cross-chain messages in the Bitcoin ecosystem.
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