zkSwap Update Report — June 7th

zkSwap ∎
3 min readJun 5, 2023

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The first Concentrated Liquidity DEX on ZkSync is about to launch on mainnet

At zkSwap, we are committed to revolutionizing the world of blockchain and cryptocurrency by bringing decentralization and accessibility to everyone. With the emergence of layer-2 solutions, decentralized apps are becoming more user-friendly and affordable. We are proud to be built on the most promising layer-2 network, ZkSync, which offers lower fees and faster transactions while maintaining the highest level of security. Over the past month, we have achieved significant milestones and made exciting progress as we prepare for our launch on the ZkSync Era Mainnet. Here’s a summary of what we have accomplished:

New Landing Page

We have redesigned the website’s landing page! We’ve given it a fresh look to make it even more engaging for you. What’s more, we’ve also added a special section where you can explore our valued partners and get insights into our protocol stats. We’re thrilled to bring you these enhancements and hope you enjoy the improved browsing experience. We are looking forward to hearing your feedback, so feel free to reach out to our friendly support team on Discord or through official channels if you have any suggestions or encounter any issues.

Team Expansion

To ensure the best possible experience for our users, we have expanded our team with world-class professionals. We have welcomed a new business development manager, who will help us forge strategic partnerships and explore new opportunities. Additionally, a veteran blockchain and smart contract developer has joined our team, bringing invaluable expertise to further enhance our platform. We have also hired two talented part-time front-end graphic designers to create an appealing and intuitive interface for our users.

Emphasizing Transparency and Accountability

Transparency is crucial in the crypto world, which is why we have embraced openness and made our code open-source. Furthermore, to provide an additional layer of trust, our code is being audited by SolidProof, a renowned auditing firm. We are proud to have undergone a thorough audit, ensuring the security and reliability of our platform.

Growing with Strategic Partnerships

Collaboration is key to our success, and we have been actively seeking partnerships with leading organizations in the crypto space. In the past month, we have forged valuable alliances with Izumi Finance, Zkns Domain, ZkDx, Sender Wallet, ZkBoost, Spores, and ZkSyncStarter. These partnerships enable us to leverage the expertise and resources of our collaborators, enhancing our platform’s capabilities and expanding our reach. We are excited to announce even more partnerships with top crypto platforms and startups in the coming weeks, as we continue to build a robust ecosystem for our users.

Token Listing and Liquidity Pools

Our native token, ZKSP, has gained significant traction since our Token Generation Event (TGE). We are delighted to partner with Izumi Finance, where ZKSP is listed on their platform, providing easy access to our token for users. In addition, we have created a liquidity pool for ZKSP tokens, making it convenient for liquidity providers and increasing the overall liquidity of our token. This pool has become the largest on the platform, with a Total Value Locked (TVL) exceeding $100k. The listing of ZKSP on popular cryptocurrency data platforms such as CoinGecko and CoinMarketCap has further increased its visibility in the market.

Looking Ahead

As we approach the launch on ZkSync Era Mainnet, we are more determined than ever to provide a seamless and rewarding experience for our users. We are actively working on optimizing our platform, improving user interfaces, and enhancing the overall functionality of our decentralized exchange. Our team is dedicated to staying at the forefront of innovation, ensuring that zkSwap remains a leader in the world of decentralized finance.

We are excited about the future and the opportunities that lie ahead. By embracing decentralization and making blockchain accessible to everyone, we aim to empower individuals to take control of their finances and participate in the growing crypto ecosystem. Stay tuned for more updates as we continue to build a brighter and more inclusive financial future for all.

Links

Website: https://zkSwap.xyz/

Twitter: https://twitter.com/_zkSwap

Discord: https://discord.gg/zkSwap

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