Introduce

Introduction

The ZEROBASE network generates over 100,000 ZK proofs daily, with an average proof generation time of just 200 milliseconds, making it the largest proof acceleration network globally. It features ZK applications such as zkLogin, zkDarkPool, and zkCEX. The ZEROBASE proof network utilizes TEE technology to encrypt users’ circuit inputs, enabling privacy-focused applications, while open TEE miner node staking enhances network stability and revenue.

ZEROBASE also extends its impact to traditional sectors by employing cryptographic technology to create privacy credit scoring and underwriting investigations for low-income individuals in the U.S. and cross-border medical users. It’s ZEROBASE’s mission to achieve data privacy and address financial trust issues through zero-knowledge proof technology.

The ZEROBASE staking mechanism is an incentive and constraint system designed to ensure the security and reliability of prover nodes during ZKP generation. Prover nodes must stake stablecoins to join the proof network. These staked stablecoins are used for trading arbitrage via CEFFU, generating additional returns. Optional multi-stablecoin minting is also offered to further enhance yields.

Risk Control

ZEROBASE carefully curates quantitative strategies and allocates your assets across multiple diverse strategies to mitigate risk. We also leverage ZK Interval Proof technology to validate hedge fund investment strategies, ensuring the confidentiality of these strategies while providing their verifiability. Fund managers make Pedersen commitments for the weight and risk factors of each investment asset. They must define interval constraints for investment weights and portfolio risk limits. Using zero-knowledge interval proofs, fund managers demonstrate to ZEROBASE that the committed weights and risk levels comply with the predefined constraints. [Github]

ZEROBASE Staking utilizes zero-knowledge proofs to evaluate the risk neutrality of arbitrage strategies. When strategies are risk-neutral, the progress bar appears blue; if risk neutrality is breached, it turns red. Proofs are generated by the ZEROBASE Prover Network and verified through zkVerify and Nebra

Workflow

When users stake funds into the ZEROBASE vault contract, the funds are automatically transferred to a custodial account and allocated across various liquidity strategies. By collaborating with multiple liquidity funds, we maintain positions to earn funding rate returns from exchanges while simultaneously seizing other arbitrage opportunities in the market. Currently, ZEROBASE partners with four liquidity funds, leveraging progressive mechanisms such as quantitative analysis, portfolio balancing, and hedging. Funds are dynamically allocated based on performance to enhance network returns and reduce overall strategy risk. Users can also activate the USDe burning mode with a single click, converting stablecoins into USDe and staking them for arbitrage opportunities to boost returns.

How to check ZK risk neutral proof ?

On the Staking product page, observe the proof progress bar, which will display the results of the last 30 verification. When the verification result is risk neutral, the proof bar will be blue, and when it is non risk neutral, it will be red.

Further Examination

Open the ZEROBASE certification browser and click on the ZEROBASE Stake related proof.

Check the verification results, if the Result is ✔ ，this indicates that the verification is successful and the risk neutrality of the funding strategy is established.