A New Cycle SwapBoard Has Begun
A New Cycle SwapBoard Has Begun
🔥 New Cycle, New Rewards
zkSwap Finance, the leading decentralized exchange (DEX) and the first Swap to Earn DeFi automated market maker (AMM) on the zkSync Era ecosystem, has announced the start of a new cycle for its SwapBoard incentive program. The previous cycle saw a total of 339 million zkPoints accumulated, with the champion being the address 0xC4...17FA, earning 11 million zkPoints. Rewards for the previous cycle will be available for claiming at 12:00 UTC and will be accumulated in the #swap2earn rewards pool if left unclaimed. zkSwap Finance pioneered a unique incentive model that rewards both liquidity providers and traders.
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NFT Holders Face Liquidity Crisis: Forced Sales to Bots
NFT holders are experiencing a persistent liquidity problem that forces difficult choices. Even when an NFT holds theoretical value (like 1 ETH), converting it to cash remains challenging. **The core issues:** - No immediate buyers available when cash is needed - Forced sales at discounted prices to automated bots - Snipers taking advantage of desperate sellers This liquidity trap has become a daily reality for NFT holders, highlighting a fundamental weakness in the current NFT market structure. The inability to quickly convert digital assets to cash without significant losses continues to plague the space.
🛡️ zkSwap Finance Launches MEV-Protected Swaps
**zkSwap Finance** has launched **MEV-protected swaps** to eliminate front-running and sandwich attacks. **Key Features:** - Protection against MEV (Maximum Extractable Value) attacks - No more front-running or sandwiched transactions - Powered by **Monad Atlas** framework **Technical Partnership:** - Built in collaboration with **@0xFastLane** - Utilizes robust Monad Atlas infrastructure - Provides technical backing for enhanced security **Recent Developments:** - Thousands of new Monad tokens now tradable - Listed on DexScreener for better visibility - Continues expansion on Monad ecosystem This launch addresses a major pain point for DeFi traders who previously faced MEV exploitation during swaps.
zkSwap Finance Adds $BONSAI Token to Its Suite of Tools
zkSwap Finance has integrated $BONSAI, a cross-chain social token, into its ecosystem. This addition includes: - Availability on the Dex Aggregator - Inclusion in Bubbles and Heatmap features - Integration with Lens and Portfolio tracking $BONSAI, created by @bonsaitoken404, aims to empower creators across multiple platforms: - Lens Protocol - zkSync - Base Users can now trade $BONSAI on zkSwap Finance's aggregator: https://zkswap.finance/aggregator This integration follows a similar recent addition of $APPA token from Dappad, expanding zkSwap's offerings in the DeFi space.
OCTOFEST Giveaway Winners Announced
The OCTOFEST Giveaway has concluded, and winners have been announced. Ten lucky participants have been selected: - @VladKondor - @NikTarantino - @nalunirudarim - @Jimypamungkas - @Karuna8080 - @kacangsusu77 - @AnnaScolt - @ialexarafat333 - @Orckjr - @AlexBidonov Winners can verify their status at the provided Simpliers link. The organizers express gratitude to all participants and confirm that rewards will be distributed soon. Stay tuned for further updates on the reward distribution process.
ZyFi Token Launch Registration Begins
The token launch registration for a prominent project in the ZKsync ecosystem has commenced. Eligibility criteria include: - Holding 10k $yZF and 10m $Long tokens (snapshot from July 3rd) - Swapping >$10k on ZKsync PancakeSwap between July 26, 2023, and June 22, 2023 Interested participants can check their eligibility and join the token launch sale at zyfi.org/sales. This launch represents a significant milestone for the ZKsync ecosystem, offering early supporters a chance to participate in the project's growth.