ZKSwap Live on Ethereum, Layer2 Assets Exceeding $40 Million, and Liquidity over $27 Million 1 Hour after Launch

ZKBase
ZKBase
Published in
2 min readFeb 14, 2021

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ZKSwap was officially launched on the Ethereum mainnet on February 14th, 8:00 pm GMT+8 time. Within an hour after the launch, the layer2 assets on ZKSwap have exceeded 40 million US dollars, with total liquidity of over 27 million U.S. dollars!

We will soon enable the community mining events, including Proof-of-Gas, Proof-of-Staking, Proof-of-Liquidity-Mining, Proof-of-TransFee, and L2 asset migration with total rewards of 5 million ZKS. The webpage interface for those community mining events and respective tutorials will be available soon on the ZKSwap official website https://zks.org/en. And rewards for testnet incentive programs will be distributed soon. Please stay tuned.

The ZKSwap mainnet system can process about 5 million transactions per day, more than 5 times that of the entire Ethereum network and the transaction cost is only 2% of the Ethereum mainnet ERC 20 transfer. With the ZK-Rollups technology, ZKSwap ensures the same security as the underpinning Ethereum network while achieving a substantial improvement in the trustless TPS.

ZKSwap welcomes all DeFi projects to build on its infrastructure framework, the ZKSpeed Protocol, and be free from the constraints of Ethereum's transaction capacity and expensive gas fees.

ZKSwap is an AMM modeled layer2 dex based on Practical ZK-Rollups — the ZKSpeed Protocol.

And You can find us here🥰:

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

ZKSwap APP: https://zkswap.app

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

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

ZKSwap Discord: https://discord.gg/ZRxS8fYTDv

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

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

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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.