zkSwap Finance, the first Swap2Earn platform on zkSync Era, has unveiled four new features designed to enhance its user experience and reward system.
Singapore, Nov. 18, 2024 — This two-year-old project, focused on community engagement, has introduced a series of improvements to its “thoughtful and sustainable economic model.”
These enhancements include a frontend engine upgrade for improved speed and usability, a crucial step towards future multichain scalability.
zkSwap Finance also launched a Curve-style 3Pool Stableswap for more efficient stablecoin trading on its integrated decentralized exchange (DEX).
The new Concentrated Liquidity pools (Uniswap v3 style) enhance the platform’s efficiency and seamlessly integrate into the zkSwap Finance AMM, offering various fee tiers and benefits.
A new Universal Smart Router connects all protocols, unifying v2, v3, and Stableswap pools for a faster, more efficient DEX experience.
zkSwap Finance’s core offering rewards users with platform tokens for trading on its native DEX within the zkSync Era. This incentivizes user engagement and provides rewards based on activity levels.
Another key offering allows liquidity providers to earn $ZK and $ZF tokens through fixed $ZK rewards, $ZF farming incentives, and a share of trading fees, with monthly $ZK airdrops.
zkSwap Finance is the first platform in the zkSync Era ecosystem allowing users to earn platform tokens through asset swaps. Beyond Swap2Earn and DuoEarn, the platform offers zkSwap AMM DEX, Aggregator, Bridge, Heatmap, Lens, Bubbles, Paymaster, zkFlow, Longxfun, History, Portfolio, and Revoke.
About zkSwap Finance
Launched in February 2023, zkSwap Finance aims to build “a unique and sustainable product that stands the test of time.” The team comprises blockchain specialists, technologists, entrepreneurs, and engineers.
Three co-founders have completed KYC procedures with CertiK, a leading security ranking platform, which also awarded zkSwap Finance a Silver Badge. This reflects the project’s commitment to transparency, as stated by CEO Ryan Yang:
“Transparency is paramount in fostering a robust community, and we’re committed to fostering an open and honest environment where everyone feels informed and appreciated.”
Yang further explained the project’s mission and values:
“At zkSwap Finance, our mission revolves around innovation, sustainability, and transparency. We’re dedicated to fostering an inclusive environment where everyone’s contributions are respected and valued. Continuous improvement is at the core of our ethos. We actively listen to and absorb feedback from our users, backers, and team members to enhance our product continually. Our focus lies in three key areas: innovating our protocol services, ensuring sustainability in our economic model, and maintaining transparency in our reward and operating policies.”
You can learn more about zkSwap Finance and stay up-to-date with its developments here: | | | | |
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
CONTACT: Christ Lang business (at) zkswap.finance
