TiTi Protocol Launches zkSync Era Mainnet: 2.8M Rewards Await!

22. Juni 2023 Aus Von admin

TiTi Protocol Launching zkSync Era Mainnet

• TiTi Protocol has announced the launch of its zkSync Era mainnet on June 28th.
• In celebration, a Massive Rewards Contest will be held with 2.8 million TiTi tokens being offered as rewards.
• The protocol’s stablecoin, TiUSD, is fully collateralized and has adopted „Use-to-Earn“ to prevent bank runs.

Financing Round

To fund the project, a $3.5 million financing round was completed led by The Spartan Group and included participation from SevenX Ventures, Incuba Alpha, DeFi Alliance, Agnostic Fund, Fourth Revolution Capital (4RCapital), Solidity Venture and other individual investors including 0xb1 (Fold Finance), Tascha and Nipun (Alpha Venture DAO), and Michael (Fantom).

Smart Contract Audits

The TiTi Protocol also underwent various smart contract audits done by Slowmist, Hacken, and Peckshield throughout 3 rounds.

What is TiTi Protocol?

TiTi Protocol is a decentralized stablecoin that utilizes multi-asset reserves to prevent bank runs while allowing users to earn an interest on their funds through its “Use-to-Earn” paradigm.

Rewards Contest

A total of 2.8 million TiTi tokens will be provided as rewards in this event for the launch of the zkSync Era mainnet on June 28th.