Welcome to Cronos Chain zkEVM: A Friendly Guide for New Users
Discover the key steps and opportunities awaiting you on Cronos zkEVM, from bridging to DeFi, tools, and meme projects.
Are you ready to explore the Cronos Chain zkEVM ecosystem? Whether you're a seasoned crypto enthusiast or a beginner eager to dive in, this guide will help you get started smoothly. From bridging your assets to discovering decentralized exchanges (DEXs), lending platforms, and staying on top of the latest updates, we’ve got you covered.
Table of Content
1. Bridging Your Assets to Cronos zkEVM
2. Trade on DEXs and Maximize Your Yields
3. Aggregating the Best Prices with WolfSwap
4. DeFi Opportunities – Lending, Staking, and Perpetuals
5. Essential Tools for Day-to-Day Use
6. Have Fun with Memes
7. Stay Informed
1. Bridging Your Assets to Cronos zkEVM
Before you can interact with all the DeFi magic on Cronos zkEVM, you'll need to bridge your assets. Here’s how you can do that:
Native Bridge by Cronos zkEVM: The easiest and most secure way to bring assets like $ETH and $CRO to Cronos zkEVM. This official bridge provides a streamlined experience for users migrating from Ethereum or other chains, with an ongoing Race To Bridge $ETH initiative with a $100,000 prize pool.
RhinoFi: This popular cross-chain bridge offers a hassle-free way to bring assets into the Cronos zkEVM ecosystem, enabling efficient swaps across multiple chains.
Upcoming Integration with DeBridge: Soon, you’ll also be able to use DeBridge to move your assets onto Cronos zkEVM, offering even more flexibility and security.
No matter which bridge you choose, you'll be ready to dive into the many possibilities on Cronos zkEVM!
2. Trade on DEXs and Maximize Your Yields
Once your assets are on Cronos zkEVM, it’s time to explore the decentralized exchanges (DEXs) for trading and farming opportunities:
Ebisus Bay [$FRTN]: Known for its NFT marketplace and expansion into DeFi, Ebisus Bay lets you stake LP tokens and engage in yield farming. It’s the perfect platform for NFT lovers who want to combine art with DeFi strategies.
H2 Finance [$H2]: This innovative DEX offers robust farming opportunities with pools for vETH, vUSD, and zkCRO . With a user-friendly interface and plenty of liquidity, H2 Finance is a great starting point for earning rewards on your assets.
By providing liquidity and participating in farming, you can maximize your earnings while supporting the ecosystem.
3. Aggregating the Best Prices with WolfSwap
Looking for the best prices on your trades? WolfSwap is the go-to DEX aggregator on Cronos zkEVM. It aggregates prices across multiple exchanges, helping you find the most profitable trading opportunities. Plus, it supports meme tokens and has a vibrant community, so there’s always something fun happening on the platform.
4. DeFi Opportunities – Lending, Staking, and Perpetuals
Cronos zkEVM offers a wide variety of decentralized finance (DeFi) opportunities beyond simple trading. Whether you want to lend, stake, or trade perpetuals, here’s where to look:
Amply Finance: The first money market on Cronos zkEVM. Amply Finance allows users to lend and borrow assets, providing a seamless experience for maximizing liquidity and earning interest on your holdings.
Fulcrom Finance: This platform specializes in decentralized perpetual trading. If you're interested in leveraged trading, Fulcrom offers markets with advanced features.
PUUSH.FUN: For fans of meme coins, PUUSH is the marketplace to buy and trade tokens that are freshly launched. Whether you’re looking for the next big meme coin or just want to experiment with a small trade, PUUSH has you covered.
These platforms give you the freedom to earn, trade, and experiment with a variety of DeFi strategies.
5. Essential Tools for Day-to-Day Use
Managing your assets and keeping track of your investments on Cronos zkEVM is easy with the right tools. Here are some must-haves:
DeFiLlama: Track total value locked (TVL), find the best farming opportunities, and monitor performance across the ecosystem.
GeckoTerminal: For real-time price charts, liquidity pool analysis, and trade volumes, GeckoTerminal is your go-to resource.
DeBank: Manage your portfolio, view your DeFi assets, and monitor your on-chain activities with this comprehensive tool for decentralized finance.
6. Have Fun with Memes
The Cronos ecosystem isn’t just about finance—it’s also about having fun! Some meme projects are worth checking out:
Fortune Favours the Brave [$FFTB]: Dive into this community and discover their unique approach to bringing the fun side of DeFi to Cronos zkEVM. As would Matt Damon say: FFTB!
Mistery on CRO [$MERY]: If you love solving mysteries, this project mixes NFTs, memes, and community engagement, making it one of the most entertaining experiences on Cronos zkEVM.
These projects add a fun, creative layer to the blockchain, perfect for those who enjoy the lighter side of crypto.
7. Stay Informed
To stay updated on all things Cronos zkEVM, Build On Cronos is your trusted news source. With a comprehensive directory of Cronos zkEVM projects, you can learn everything about projects in one place. Our new News Center provides in-depth articles, daily updates, and a weekly newsletter (#CROWeek) covering the ecosystem’s latest developments. You can interact with the news by liking, commenting, and sharing, making it easier than ever to stay informed.
As you explore the Cronos zkEVM ecosystem, we’ll be here to keep you updated on the latest news, projects, and developments.
Conclusion
Cronos zkEVM opens a world of possibilities, from DeFi innovations to meme-driven fun, all while providing a secure and scalable environment for new and experienced users alike. By bridging your assets, engaging with top-tier DEXs, taking advantage of lending and staking opportunities, and using essential DeFi tools, you’ll be fully equipped to make the most of the ecosystem. And with Build On Cronos keeping you up to date with the latest news, you'll always be one step ahead in the #CROfam journey. Dive in, explore, and see how you can make your mark on Cronos zkEVM!