Crypto NEWS and more

card__image
Kimmo

MetaMask, Linea, Brevis Launch ZK Proof-Based Rewards Program

MetaMask, Linea, and Brevis have introduced a groundbreaking zero-knowledge (ZK) proof-based rewards program specifically designed for MetaMask Card users. This innovative initiative offers passive returns to users, starting with a fixed annual percentage rate (APR) of 2.4% on Aave's USDC lending and borrowing services through Linea. The program operates entirely on-chain via Incentra, ensuring that all rewards are transparent, verifiable, and require no additional actions from users. This seamless integration of ZK proofs and on-chain mechanisms represents a significant advancement in the decentralized finance (DeFi) space, as it allows users to effortlessly participate in earning rewards while maintaining the security and privacy of their transactions. By leveraging ZK proofs, the rewards program ensures that users can earn passive income without compromising their financial privacy. This approach aligns with the principles of DeFi, which emphasize transparency, security, and user control over their assets. The collaboration between MetaMask, Linea, Brevis, and Incentra showcases the potential for cross-platform partnerships in the DeFi ecosystem. By combining their expertise and resources, these entities aim to create a more efficient, secure, and user-friendly rewards program that benefits the wider DeFi community. As the program expands, it is expected to attract more users and further cement the role of ZK proofs in the future of DeFi. The success of this initiative could pave the way for similar programs that leverage ZK proofs to enhance user experience and drive adoption of decentralized financial services.