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Cryptocurrency News Articles

Zeeve and Ternoa Partner to Launch zkEVM+ L2 Chain, Open $750k Grant Program to Onboard EVM Builders

Jun 17, 2024 at 08:33 pm

Zeeve, the leading Rollups-as-a-Service (RaaS) platform has partnered with Ternoa for the support of their new zkEVM+ L2 chain.

Zeeve and Ternoa Partner to Launch zkEVM+ L2 Chain, Open $750k Grant Program to Onboard EVM Builders

Web3 infrastructure provider Zeeve has announced a partnership with Ternoa to support their new zkEVM+ L2 chain. Developed using the Polygon CDK, the chain aims to enhance security and privacy for builders and users amidst the rapidly scaling Ethereum ecosystem.

Ternoa currently operates a Substrate WASM L1 Mainnet since 2022, along with “The Fortress,” a decentralized TEE coprocessor dedicated to data encryption. Now, with the zkEVM+ L2 CDK Chain, they are launching an EVM equivalent infrastructure to build security and privacy-first web3 use cases within the Ethereum ecosystem. The chain will bring integrity proofs, censorship resistance, and decentralized privacy to builders and users in the Ethereum ecosystem. Built using the CDK tech stack, it integrates state-of-the-art hybrid coprocessor technologies with Avail Data Availability in a best-of-breed architecture co-implemented with Zeeve RaaS.

Through this partnership, Zeeve will provide a full-spectrum ZK L2 rollup solution for Ternoa, enhancing operational efficiency and security. The collaboration will encompass the following aspects:

Dr. Ravi Chamria, Co-Founder and CEO of Zeeve, commented on the partnership, “As an infrastructure partner, Zeeve is committed to equipping Ternoa with a robust suite of tools and integrations for streamlined deployment, effortless management, and frictionless user onboarding for their CDK L2 Chain. We’ll ensure, with efficient management, that the ecosystem also remains compliant and meets the objective of Ternoa as well as the broader goals of Polygon CDK.”

Mickael Canu, Co-Founder and CEO of Ternoa, further added, “This is a new chapter in Ternoa’s journey. We are grateful for the opportunity to collaborate with Zeeve teams on this high-stakes journey. In particular, Zeeve experience interacting with Trusted Execution Environments, and expert teams will help us streamline this critical launch.”

To welcome EVM builders looking to launch apps on a high-security infrastructure, Ternoa is also opening a $500k / 33 million CAPS grant program to onboard new developers and projects during the Testnet phase, and a $250k / 17 million CAPS incentive program with KEEPER DEFI app

As a RaaS, Zeeve enables a seamless transition from concept to live deployment through its intuitive Rollup Launchpad. Its network of over 40 industry partners facilitates rapid integration with decentralized and developer services. Trusted by more than 30,000 users and 40 institutional partners, Zeeve's strong security and support systems make it the preferred choice for global infrastructure.

For further details on Zeeve’s managed Polygon CDK Chains, visit their webpage.

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Other articles published on Jan 21, 2025