On March 4, zkSwap Finance (ZF) has been listed on HotsCoin. zkSwap Finance, as the top decentralized exchange (DEX) and the first Swap to Earn DeFi platform in the zkSync Era ecosystem, has created a unique incentive model , designed to reward participants and traders who provide liquidity. This report will provide an in-depth introduction to zkSwap Finance’s basic information, token information, token utility, roadmap, and future development prospects. ZF is currently open for trading on HotsCoin.
Basic Information:
zkSwap Finance is a platform built on zkSync Era (the second layer network of Ethereum) and is committed to creating a unique, unique and imaginative DeFi platform. Its unique incentive model is designed to reward liquidity providers and traders, providing users with a brand new experience.
Token information:
Token Name: zkSwap Finance
Token Symbol: ZF
Initial Supply: 375,000,000 (37.5%)
Total Supply: 1,000,000,000
Token Type: Utilities, Governance
Token Network: zkSync Era
Token Utility:
Staking rewards: Users can earn more $ZF (5% of the total supply) by staking and enjoy the convenience of no staking fees, automatic compounding, and no lock-in. Additionally, 1% of the canceled staking fee will be distributed to other stakers still in the staking pool to encourage platform loyalty.
BOOST incentives: ZF holders who pledge will receive BOOST, further increasing the attractiveness of staking.
Special benefits: Stakeholders can participate in special events, such as the syrup pool recently offered to celebrate the successful formation of the DAO.
Buyback Program: Pledgers will benefit from 75% of platform profits while participating in the buyback program.
Governance Voting: Staking ZF holders are eligible to participate in governance voting, including snapshot voting.
Special event rights: During special events, stakers will enjoy higher privileges, including NFT, OAT, POAP, gifts, etc.
route map:
Phase 1: Development and Testing
During the first phase, the zkSwap Finance team focused on creating and testing the Swap2Earn protocol. This includes the formulation of basic smart contracts, the construction of user interfaces, and comprehensive security measures to detect and correct potential vulnerabilities.
Phase 2: Online
After the development and testing phase, zkSwap Finance deployed the Swap2Earn protocol to zkSync Era to achieve official launch.
Stage 3: Evolution -> Revolution
At this stage, zkSwap will continue to strengthen its platform and continuously launch new features to adapt to market needs.
Phase 4: Multi-chain expansion
In the multi-chain expansion phase, zkSwap Finance aims to become a strong DeFi competitor by expanding its platform on multiple blockchains.
in conclusion:
With its unique incentive model and innovation on zkSync Era, zkSwap Finance has demonstrated great potential to become a leader in the DeFi field. As the platform continues to evolve and expand, investors and users can expect more innovation and opportunities to emerge. However, as an investor, before participating, it is recommended to carefully understand the risks and potential rewards of the platform, and to maintain attention to industry and regulatory developments.
No comments yet