zkSwap Finance Ends Swap2Earn Program, Burns Token Emissions
zkSwap Finance Ends Swap2Earn Program, Burns Token Emissions
🔥 The burn begins
zkSwap Finance is discontinuing its Swap2Earn program due to current market conditions.
Key Changes:
- Monthly emissions previously allocated to Swap2Earn and Farm2Earn will now be burned
- Net token emissions for $ZF remain at minimal levels
- This follows a previous emission rate cut that reduced $ZF issuance by 50%
Background: The platform had earlier reallocated 5% of total supply from Swap2Earn to staking rewards, extending the emission timeline from 18 to 36 months.
Due to current market conditions, we're ending the #Swap2Earn program starting this month. To support the long-term value of $ZF, the monthly emissions previously allocated to #Swap2Earn and #Farm2Earn will be burned, keeping net token emissions at super low 🔥
🛡️ 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.