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Electron Labs is an Ethereum-based universal ZK-proof aggregation Layer that aims to unite proofs from different protocols and across different proving schemes. The $ELEC token drives the network’s economic model, enabling pay-per-use ZK proof aggregation and staking for operators to earn rewards based on their participation.
On May 7th, the project announced the successful raising of $1M in its Seed Round with over 10 investors participating.
6-month cliff and then linearly vested over 2 years post-cliff