On September 24, BlockBeats announced that Bitcoin’s second-layer Zulu Network will officially launch its staking program on September 26.
Staking Details:
Users will have the opportunity to stake various assets, including BTC, BNB, and ETH, in exchange for Zulu Staking Points (ZSP). This initiative aims to enhance user engagement and incentivize participation in the network.
Previous Funding Round:
Zulu Network previously secured $3 million in a pre-seed funding round on April 5, backed by notable investors such as Cryptogram Venture (CGV), D11 Labs, Web3.com Ventures, Satoshi Labs, and Splinter Node Capital.
This new staking program is expected to further strengthen Zulu Network’s position within the crypto ecosystem, attracting more users and capitalizing on the growing interest in staking mechanisms.
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