ZKSwap Completed the First Batch of ZKS Burning

ZKBase
ZKBase
Published in
1 min readMay 1, 2021

ZKSwap has completed the first ZKS burning as of April 30th, 2021, UTC. A total of 397,152.0431 ZKS were burnt this time.

According to the ZKSwap economic whitepaper, ZKSwap charges 0.3% of all Layer2 Swap transactions as the transaction fee, of which 0.05% will be used as the Protocol fee to regularly obtain ZKS, and the ZKS obtained will be directly destroyed. Going forward, ZKSwap will carry out ZKS burning at the end of each month and issue corresponding announcements.

Users can check this batch of burning at ZKSwap.info: https://zkswap.info/zh/transaction/0x097d1bc91571a43939bb63cfef808c1c2c4e3f5a12c0e02587e893ec1b5bbe42

ZKSwap is a layer2 dex based on the ZK-Rollup technology and using the AMM model. ZKSwap also provides layer2 infrastructure for dAPPs; check our Wiki and APIs for details. We also have a mobile wallet available for early testing.

And You can find us here🥰:

ZKSwap Official Website: https://zks.org/en

ZKSwap Web APP: https://zkswap.app

ZKSwap Mobile APP: https://zks.org/en/download

ZKSwap Twitter: https://twitter.com/ZKSwapOfficial

ZKSwap Official Telegram group: https://t.me/zkswapofficial

ZKSwap Discord: https://discord.gg/NfZBKNJuAX

ZKSwap Medium: https://zkswapofficial.medium.com/

ZKSwap Github page: https://github.com/l2labs

ZKSwap Reddit: https://www.reddit.com/r/ZKSwap_Official

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ZKBase
ZKBase

ZKBase (https://zks.org) is an all-in-one layer2 platform, featuring ZKSwap-DEX, ZKSea-NFT, ZKSquare-payment and ZNS-DID.