Zenrock is a crypto custody platform dedicated to accelerating the adoption of decentralized finance (DeFi). It aims to solve the single point of failure risk of the existing custody model through a decentralized MPC wallet to improve users' sense of security. The platform plans to provide a safer custody solution for asset holding by designing a hybrid security model combined with the economic security of EigenLayer. In addition, Zenrock is testing a decentralized trading model and plans to launch the mainnet within the year.

Key Points

- The adoption of decentralized finance has been slow due to security concerns.

- Zenrock solves the single point of failure risk of the traditional custody model through a decentralized MPC wallet.

- DeFi hacking remains a major threat to the crypto industry.

- Cross-chain bridging has become an important attack vector for malicious actors.

- Zenrock adopts a hybrid security model combined with Ethereum's EigenLayer security.

- Zenrock plans to launch a trading model for developers, institutions and individual investors.

- The platform is in the testnet stage and is expected to be launched on the mainnet within the year.