The recent DAO proposal to implement a Lend/Borrow product in zkSwap Finance received 61.04% agreement. While acknowledging the potential, the team emphasizes expertise and security challenges in lending/borrowing. The focus remains on core products like Swap2Earn DEX, with plans to enhance existing features and market presence. Future integration of lending/borrowing product is not ruled out but requires strategic resource management.
馃棾 "Implement a Lend/Borrow product" DAO proposals voted on last week: 61.04% Agree, 38.76% Disagree 0.2% Neutral. Thank you for submitting your proposal regarding the creation of a DeFi protocol for lending and borrowing within the zkSwap Finance ecosystem. 馃殌 At zkSwap
zkSwap Finance Promotes Active Liquidity Migration to Higher Yield Pools

zkSwap Finance is encouraging users to migrate idle liquidity from inactive or pending airdrop pools to their active ZKsync pools offering enhanced yields. Current APR highlights: - ZK-USDC: 180% - ZK-ETH: 150% - ETH-USDC.e: 70% Additional pools on Sonic and Monad platforms also offer competitive rates ranging from 90% to 150%. *Active liquidity deployment could potentially generate better returns than waiting for unconfirmed airdrops.* Learn more and add liquidity at [zkswap.finance/earn](http://zkswap.finance/earn)
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.
ZF and LONG Tokens Receive Verification on zkSync Era

The $ZF and $LONG tokens have received official verification on the zkSync Era network, as indicated by the blue tick symbol. This development marks an important milestone for these tokens on the zkSync Era ecosystem. - $ZF token: https://era.zksync.network/token/0x31C2c031fDc9d33e974f327Ab0d9883Eae06cA4A - $LONG token: https://era.zksync.network/token/0x5165ec33b491d7b67260B3143f96Bb4aC4736398 The verification process was approved by both Etherscan and zkSync, lending credibility to the tokens' official profiles. This step enhances trust and transparency for users interacting with these assets on the zkSync Era platform.