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Polyhedra Network partners with Renzo to provide $1.8 billion security for Bitcoin interoperability protocol

Polyhedra Network partners with Renzo to provide $1.8 billion security for Bitcoin interoperability protocol

2024/03/27 13:46

According to Foresight News, Polyhedra Network announced that it has reached a cooperation with Renzo to provide $1.8 billion in crypto-economic security for its Bitcoin interoperability protocol by integrating the dual pledge mechanism of Renzo’s liquidity re-pledge token LRT and ZK token. , for trust-minimized Bitcoin interoperability.

Polyhedra stated that in the future, pledgers of Polyhedra Network’s native token ZK will receive benefits from cross-chain messages in the Bitcoin ecosystem.

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