ZKSwap Reveals 28311 Burnt ZKS Token in July

ZKBase
ZKBase
Published in
1 min readAug 6, 2021

Hey Swappers,

Thank you for your continuous support and trust in ZKS. In this monthly token report, the

ZKSwap team has integrated a monthly ZKS-related content for your review.

In July 2021, ZKS burnt 28,311.445036 ZKS. As of July 30th, 2021, ZKS has completed four phases of token burn. As of today, ZKS combined has burnt over 770,000 ZKS.

As agreed in the ZKSwap Economic White Paper, the ZKSwap charges 0.3% of Layer2 Swap transactions as transaction fee, of which 0.25% are rewarded to liquidity providers and 0.05% are used as an agreement fee to repurchase ZKS on a regular monthly basis and the resulting ZKS will be burnt directly.

The current ZKS token in circulation is 223,450,000.

ZKSwap is a layer2 dex based on the ZK-Rollup technology and using the AMM model. And You can find us here🥰:

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

ZKSwap APP: https://zkswap.app

ZKSwap Forum:https://forum.zks.org

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.