Redefining staking with ZK technology, doubling trust and returns

About ZEROBASE

The ZEROBASE network generates over 100,000 ZK proofs daily, with an average proof generation time of just 200 milliseconds, making it the largest proof acceleration network globally. It features ZK applications such as zkLogin, zkDarkPool, and zkCEX. The ZEROBASE proof network utilizes TEE technology to encrypt users' circuit inputs, enabling privacy-focused applications, while open TEE miner node staking enhances network stability and revenue.

ZEROBASE extends its impact to traditional sectors by utilizing cryptographic technology to build privacy-centric credit systems and underwriting investigations for low-income individuals in the U.S. and cross-border medical users. ZEROBASE’s mission is to achieve data privacy and address financial trust issues through zero-knowledge proof technology.

ZEROBASE Staking

The ZEROBASE staking mechanism is a carefully designed incentive and constraint system that ensures the security and reliability of prover nodes during ZKP generation. To join the proof network, prover nodes must stake stablecoins. These staked stablecoins are utilized for trading arbitrage through CEFFU, generating additional returns. Optional multi-stablecoin minting is also available to further enhance yields.

Risk Control

ZEROBASE carefully curates quantitative strategies and allocates assets across multiple diverse strategies to mitigate risk. We leverage ZK Interval Proof technology to validate hedge fund investment strategies, ensuring the confidentiality of these strategies while maintaining their verifiability. Fund managers make Pedersen commitments for the weight and risk factors of each investment asset and must define interval constraints for investment weights and portfolio risk limits. Using zero-knowledge interval proofs, fund managers demonstrate compliance with predefined constraints.

ZEROBASE staking contracts are audited by Salus Security and Xuxian Jiang (founder of PeckShield).

Workflow

When users stake funds in the ZEROBASE vault contract, the funds are automatically transferred to a custodial account and allocated across diverse liquidity strategies. By partnering with multiple liquidity funds, we maintain positions to earn funding rate returns from exchanges while capitalizing on additional arbitrage opportunities in the market. Currently, ZEROBASE collaborates with four liquidity funds, employing advanced mechanisms such as quantitative analysis, portfolio balancing, and hedging. Funds are allocated based on performance to maximize network returns and minimize overall strategic risk. Users can also activate the USDe burning mode with a single click, seamlessly converting stablecoins into USDe and staking them to unlock arbitrage opportunities and further boost returns.

ZEROBASE Beta Launch Campaign

ZEROBASE Beta Launch marks the first limited public testing phase of the ZEROBASE platform, showcasing its advanced decentralized zero-knowledge proof network. During this Beta Launch, users can stake stablecoins with an annualized yield of up to 45.5% (based on last year's performance) and earn future-redeemable ZEROBASE tokens. This event not only offers comprehensive annualized reward returns but also features a variety of incentive programs, including ZB credit airdrops and prize pool rewards, attracting early adopters and key players in the crypto space.

APY Incentive Program

APY earnings include: USDT + ZB Point

• USDT:

  • Earnings Source: Daily earnings through ZEROBASE's top CeFi portfolio strategy.

  • Security: Secure integration of CeFi earnings in cooperation with CEFFU (Binance Custody).

  • ZB Point: Corresponds to ZEROBASE governance token airdrops.

TVL Team Competition Event

Wen? Soon. Very. Very. Soon.

Open to everyone. Team leader roles are invite-only.

Referral Rewards: Referrers will earn 10% of the ZB credits generated through staking by their referred participants. This commission applies exclusively to direct referrals.

Team APY Incentive: When the team's total TVL reaches the required tier, all team members will simultaneously enjoy a higher APY tier.

Team Formation

Invitation Code Mechanism:

• ZEROBASE will invite no more than 200 team leaders. Users can choose a corresponding team leader's invitation code to register and join a team.

Hierarchy Structure:

• Members invited by a participant will automatically join the inviter’s team, creating a multi-tiered team structure.

Scoring Rules

Scoring Formula: Scores are calculated based on the total staked USDT amount, redeemed USDT amount, and holding duration:

• Formula: Total Stake Amount × Holding Days / Event Duration (Days)

• Minimum Staking Amount: 10 USDT/USDC

Example Calculation:

• User A stakes 2,000 USDT on Day 5 of the event and stakes another 3,000 USDT on Day 10. The event lasts 14 days.

• Score Calculation: (2000 × 9/14) + (3000 × 4/14) = 2142 points

Reward Distribution

Prize Allocation

Team Leader Rewards: 50% of the total prize pool is allocated to the top 10 team leaders.

Team Member Rewards: 50% of the total prize pool is distributed among the members of the top 10 teams based on their contributions to the team’s total score.

Team Leader Rewards Distribution

• 1st Place: 30%

• 2nd Place: 20%

• 3rd Place: 15%

• 4th–5th Place: 10% each

• 6th–10th Place: 3% each

Team Member Rewards Distribution

Step 1: Allocate the prize pool based on the team's total score share among the top 10 teams. For example:

• Team A total score: 20,000

• Team B total score: 15,000

• Team C total score: 10,000

• Total scores of all teams: 100,000

• Team A reward: 5000 × (20000 / 100000) = 1000 USDT

Step 2: Allocate rewards within the team based on each member's contribution to the team's total score. For example:

• A member of Team A has a score of 4,000, while the total score of Team A is 20,000.

• Member reward: 1000 × (4000 / 20000) = 200 USDT

Core Product Competitiveness Analysis of ZEROBASE Staking

ZEROBASE's Core Competitiveness

Through innovative financial strategies and cutting-edge technology, ZEROBASE has built a multi-dimensional competitive staking platform that provides users with comprehensive solutions in terms of returns, risk control, asset transparency, and flexibility. Below are the core competitive advantages of ZEROBASE:

Hybrid Revenue Model with High Returns

• Diverse Revenue Streams: Combines quantitative arbitrage and proof revenue to provide users with an annualized return rate of approximately 45.5%.

• USDe Model: Allows users to convert stablecoins into USDe to participate in arbitrage strategies, further enhancing yields.

• Leverage and Amplified Returns: Supports leveraging in derivatives markets to magnify gains and drive greater market demand.

Robust Risk Control and Price Stability

• Zero-Knowledge Interval Proof (ZK Interval Proof): Verifies hedge fund investment strategies, ensuring compliance while protecting the confidentiality of strategies.

• Structured Products and Multi-Leg Strategies:

  • Utilizes complex derivative operations to amplify price signals and mitigate ZB Token’s downside risk.

  • Dynamic hedging mechanisms effectively manage market volatility and maintain price stability.

• Asset Backing and Stablecoin Pegging:

  • Treasury-backed stablecoins pegged to BTC or other major assets provide foundational value for ZB Tokens.

  • Users can burn ZB Tokens to withdraw equivalent BTC or stablecoins, enhancing trust in assets.

Dynamic Fund Allocation and Optimization

• Dynamic Fund Allocation: Collaborates with four major liquidity funds, using quantitative analysis and portfolio performance to dynamically allocate funds, optimizing returns and minimizing risks.

• Market Flexibility: Employs real-time fund adjustment mechanisms to amplify gains during bull markets and protect assets with hedging strategies during bear markets.

ZK Technology for Internal Transparency and Trust in Exchanges

• Internal Verification and Compliance:

  • Utilizes Zero-Knowledge Proof technology to verify the authenticity of internal operations within exchanges, ensuring transparency and compliance of funds to prevent misuse.

  • Users can verify the accuracy and compliance of internal transactions, avoiding "black-box" operations and safeguarding their assets.

• Solving Black-Box Issues: Addresses the lack of transparency in internal exchange operations, ensuring user funds are not arbitrarily altered or misused.

• No Dependency on On-Chain Public Operations: Unlike on-chain operations, internal exchange activities are not publicly visible. However, ZKP technology enables users to verify these operations without exposing specific transaction details.

Flexibility Across Market Cycles

• Enhanced Returns in Bull Markets: Leverages call options and margin trading to generate higher returns for users during market uptrends.

• Value Protection in Bear Markets:

  • Develops index products that bind multiple tokens with ZB Token, using weighted indices to hedge against price volatility.

  • Pegs ZB Token to stablecoins, ensuring asset stability during market downturns.

Differentiated Advantages Compared to Other Platforms

• Yield and Strategy Flexibility:

  • Offers a hybrid revenue model and multi-leg strategies, achieving annualized returns significantly higher than Solv Protocol (fixed bond returns) or traditional staking products (averaging below 10%).

  • Strong market adaptability in both bull and bear markets.

• Transparency and Trust Mechanism:

  • Utilizes Zero-Knowledge Proof technology for fully transparent operations, allowing users to verify fund flows and compliance.

  • Provides superior trustworthiness compared to traditional treasuries and off-chain strategies.

• Dynamic Allocation and Optimization:

  • Enhances capital efficiency through quantitative analysis and dynamic allocation mechanisms, presenting a clear advantage over static strategy staking products.

Get exclusive early access to our staking platform. Participate in our invite-only testing, join team competitions, and claim your early-bird rewards. Don't miss out—secure your spot now!

About ZEROBASE

ZEROBASE is the most competitive ZK prover network across speed, cost, and security, and the only one that protects your privacy.

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