TiTi Protocol Has Announceed It Will Launch zkSync Era Mainnet on June 28th

[PRESS RELEASE – Please Read Disclaimer]

The decentralized stablecoin TiTi Protocol announced that it will officially launch the zkSync Era mainnet on June 28 and open the Massive Rewards Contest. A total of 2.8 million TiTi tokens will be provided as rewards in this event. TiUSD is a stablecoin issued by TiTi Protocol, and $TiTi is the governance token of the protocol. Previously, TiTi Protocol has been launched on the Ethereum mainnet and successfully completed the IDO and the first round of airdrops.

What is TiTi Protocol?

TiTi Protocol is a fully collateralized, multi-asset reserve, prevent a bank run, use-to-earn decentralized stablecoin. With its new paradigm, TiTi Protocol becomes the first stablecoin that adopts “Use-to-Earn” and prevents bank runs inherently. Through the design of Use-to-Earn, TiUSD becomes the first interest-earning stablecoin.

Previously, TiTi Protocol announced that it had completed a financing of $3.5 million led by The Spartan Group, with participation from SevenX Ventures, Incuba Alpha, DeFi Alliance, Agnostic Fund, Fourth Revolution Capital (4RCapital), Solidity Venture, and other institutions, as well as other individual investors including 0xb1 (Fold Finance), Tascha and Nipun (Alpha Venture DAO), and Michael (Fantom).

TiTi Protocol has completed a 3-round smart contract audit by Slowmist, Hacken, and Peckshield.

Massive Rewards Contest is divided into two parts:

TiTi zkSync Era Community Carnival

Time: June 28-July 26

Reward: 200,000 $TiTi

Platform: Galxe

Rules: Complete the TiTi Protocol Galxe task to share 200,000 $TiTi rewards

Zero Risk MMF Farming

TiTi Protocol will allocate a total of 2,800,000 TiTi tokens from the community incentives as rewards for Epoch 1 of the zkSync Era Mainnet launch and ETH mainnet Epoch 2. Users can yield farms with Zero Risk by depositing USDC in MMF and other more mining strategies to earn TiTi tokens rewards. Remember, MMF is free of limit, you can withdraw any time you like and claim rewards.

• Time: June 16-July 26
• Reward: 2.6 million $TiTi

In addition, TiTi Protocol officially stated that if TiTi Protocol receives the official zkSync airdrop in the future, it will be distributed to users who have interacted with the TiTi Protocol zkSync mainnet.

About TiTi Protocol

TiTi Protocol is a decentralized, 100% collateral-backed, crypto-native stablecoin, aiming to provide diversified and decentralized financial services based on the crypto-native stablecoin system and autonomous monetary policy.