6th SPACE Buyback & Burn Completed on zkSyncEra and Evmos
6th SPACE Buyback & Burn Completed on zkSyncEra and Evmos
The 6th SPACE Buyback & Burn has been completed on zkSyncEra and Evmos. A total of 106909 SPACE was bought back and burned, with 50% burned and 50% allocated as bonuses. The bonuses will be distributed to NFT holders and locked in the DAO. The bonus for Planet NFT holders will be distributed later. SpaceFi 2.0 will introduce more sustainable and improved tokenomics. In the previous buyback, NFT holders received a bonus of 43790.95 xSPACE. Planet NFT holders have accumulated 446556.1 xSPACE in dividends and will receive additional benefits in SpaceFi 2.0. The Max Supply of $SPACE has been updated to 50M, with 2.1M burned and 6.18M circulating. SpaceFi 2.0 will bring key improvements to DEX, Farm, NFT, Launchpad, and tokenomics. 300k users have been reached on zkSync, and more details about the improvements will be released soon. Stakers of SPACE-ETH liquidity will soon be able to farm $ZF on zkSwap_finance.
The 6th SPACE Buyback & Burn is finished on #zkSyncEra ! Total Buyback: 106909 SPACE 🔥Burn (50%): 53454.5 SPACE 🎁Bonus (50%): 53454.5 xSPACE To NFT Holders: 37418.15 To DAO Locked: 16036.35 The bonus to Planet NFT will be distributed later. A more sustainable and improved
Spacers, the Max Supply on coingecko.com/en/coins/space… has been updated to 50M✨ 🔥Burned: 2.1M 💧Circulating: 6.18M 🔮There'll be some key improvements in the 2.0 tokenomics, including more benefits to Planet NFT, xSPACE & bLP, more robust burning mechanism, governance and
With zk Stack, step to the new stage of @zksync ecosystem. SpaceFi 2.0 will be one weapon for it. #zkSync #Layer2 #SCROLL
ZK Stack is a modular framework of ZK-powered components that grants you full autonomy to tailor your blockchain to your unique use-case—ranging from the choice of data availability mode to using your own token to decentralize the sequencer. Learn more: zkstack.io
Soon you'll be able to stake SPACE-ETH liquidity to farm🧑🌾 $ZF on @zkSwap_finance 🤝 #zkSync #Scroll #Layer2
📚 When you go shopping, you often want to see more goods to choose from! The same goes for an exchange. 🔥 That's why, after MAV and CAKE, MUTE & SPACE tokens will be listed. ☕ 14:00 UTC tomorrow, new farming pools MUTE/ETH & SPACE/ETH will be live. 🌼 Have a nice Sunday!
The NFT bonus 43790.95 xSPACE from 5th buyback has been distributed! Planet NFT holders have accumulated 446,556.1 xSPACE in dividends, besides staking and trading revenue. In the upcoming SpaceFi 2.0, the improved tokenomics will give Planet NFTs more benefits, including boost
SpaceFi Announces Real World Assets Integration on zkSync
SpaceFi is expanding its DeFi ecosystem by introducing Real World Assets (RWA) on zkSync Era. This strategic move marks a significant development in the Layer 2 scaling solution's capabilities. - Integration enables traditional asset tokenization - Builds on SpaceFi's existing DEX and NFT infrastructure - Implementation scheduled for early 2025 The RWA integration aims to bridge traditional finance with DeFi, potentially increasing liquidity and accessibility in the zkSync ecosystem. *Note: Further details about specific assets and launch parameters will be announced closer to release.*
zkSync Launches First Governance Proposal
zkSync, a leading Layer 2 scaling solution, has introduced its first governance proposal, marking a significant milestone for ZK Chains' users. This development follows the recent publication of zkSync Association's Governance Procedures, which outline the process for submitting and voting on proposals within the zkSync ecosystem. Key points: - First zkSync governance proposal launched - Builds on recently published Governance Procedures - Users can delegate $ZK tokens to SyncSwap for free This initiative represents an important step towards decentralized decision-making in the zkSync community. Users are encouraged to participate in the governance process to shape the future of the platform. For more details, visit the zkSync forum.
Cryptic ZK Announcement Sparks Speculation
A cryptic announcement related to ZK (likely referring to zero-knowledge technology) was made on July 10, 2024. This follows two previous related announcements earlier in the year, on February 22 and February 1, both of which were equally vague. The lack of details has led to increased speculation within the cryptocurrency community about potential developments in zero-knowledge technology or related projects. As no further information was provided, the exact nature and implications of these announcements remain unclear.
ZK Trading Goes Live on SpaceFi
SpaceFi, a decentralized finance (DeFi) hub on the zkSync Era network, has announced the launch of ZK trading. Users can now add the ZK-ETH trading pair on the platform. Additionally, SpaceFi will soon introduce a double-rewards pool, allowing users to earn both ZK and xSTAR tokens as rewards.
SpaceFi Migration to zkSync 2.0
SpaceFi, a decentralized finance hub on zkSync, has announced the migration from version 1.0 to 2.0 on the zkSync network. The new version will introduce several enhancements, including more incentives and campaigns, the addition of the $STAR token for gas payments, dual mining rewards, and Spacebase incentives. The migration will also bring improvements such as boosted farming, an updated Paymaster section, a new STAR/Planet NFT, and an enhanced user interface. While rewards and incentives will gradually transition to SpaceFi 2.0, the team has advised users to stay tuned for further details on the upcoming incentive activities.