ZeroSwap has always been a “Customer Centric” company striving to deliver the best products & services and an “integrated, seamless user experience”. We started with ZeeDo — a simple, fair and easy platform for multi-chain DEX token offering. It was well-received by both corporates wanting to conduct IDO and participants wanting to participate. Sooner we realized that there was an immediate need for something more that can complement our vision of “integrated, seamless user experience”, and thus came product portfolios like ETH-BSC bi-directional Bridge and Staking provision to earn rewards while participating in IDO at ZeeDo. The acquisition of Defi Wizard was another milestone aimed at primarily serving the post-IDO needs of corporates, empowering them to offer their services better.
Our unending quest to provide an “integrated, seamless user experience”, the ZeroSwap DEX — a multi-chain exchange was the next logical step. DEX launch aimed to simplify the user experience by saving on gas cost, providing the best rates for trading, and accessing multi-chain networks under one roof. The Testnet launch was a huge success and witnessed 100K+ transactions.
However, in light of current market conditions, after careful consideration and keeping the best interests of our users at the forefront, we have decided to postpone the release of the Mainnet of DEX till further notice.
What Next?
We will
- Use this time to re-assess the market conditions carefully and come up with a final launch date soon.
- Keep on integrating the continuous community feedback.
- Give regular community updates on the progress.
- As an immediate course correction will be holding an AMA where we will try to cover as many questions as possible. The details regarding the AMA will be out soon.
Closing Thoughts
First thing first, there is absolutely no reason to panic. The decision to postpone the Mainnet launch is just a preventive measure in the context of current ongoing market conditions to safeguard the interest of users.
ZeroSwap is a very vibrant and agile firm in terms of its operational model, which allows us to deliver our deliverables in a very timely manner. Our roadmap vs deliverables is firm validation of this fact. However, sometimes it’s imperative to face inevitable setbacks, but in a bigger context, these should not matter. However, it’s our responsibility to take due care of the importance of such incidents and put in the best efforts to minimize such incidents.
We sincerely believe that the ZeroSwap community will respect this decision and also co-operate in this regard.
As always, we would like to thank our community for their unwavering support sincerely and know that we will unveil more details at the right opportunity.
Thank you,
ZeroSwap Team
About ZeroSwap and ZeeDO:
ZeroSwap is a multi-chain compatible decentralized exchange aggregator focused on making zero-fee transactions possible. We aim to make on-chain trading simple and easy by providing Ethereum, Binance Smart Chain, Polygon and DEXes access under one roof. One of the core utilities of ZEE is to reduce friction in fundraising using digital assets. To solve that, we have built a Dex Offering Platform Called — ZeeDO.
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