zkCRO, Cronos zkEVM's token, earns revenue from transaction fees via CRO staking. Its value adjusts based on staking rewards and slashing events.
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zkCRO is the revenue token for Cronos zkEVM, backed by CRO staking. It generates income from transaction fees on the Cronos PoS chain. The exchange rate between zkCRO and CRO fluctuates based on staking rewards; it increases with accumulated rewards and may decrease if CRO staking faces penalties. Users acquire zkCRO on Cronos zkEVM by depositing Ethereum CRO via the Cronos zkEVM Bridge. This CRO is staked, and equivalent zkCRO is issued to the user's Cronos zkEVM wallet.
As of now, zkCRO is trading at 0.106538 USD, with a 24-hour trading volume of approximately 0 USD. The ZKCRO to USD price is updated in real time. Over the past 24 hours, zkCRO has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 0 USD. Currently, there are 176 934 599 ZKCRO in circulation out of a maximum supply of 176 934 599 ZKCRO.
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