Background

ZkSwap Finance

zkSwap Finance is the top DEX and the first Swap to Earn DeFi AMM on zkSync Era ecosystem, pioneering a unique incentive model that rewards both liquidity providers and traders.

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zkSwap Finance Weekly Development Update

Thu 28th Mar 2024
zkSwap Finance, a leading decentralized exchange and the first Swap to Earn DeFi AMM on the zkSync Era ecosystem, has announced several notable achievements this week. Key developments include the introduction of multi-token support for the Paymaster feature, improvements to the website's menu, the launch of zkLens, the separation of the zkHeatmap/zkLens and zkAggregator token lists for enhanced user experience, the addition of a search feature to zkLens, the listing of new tokens on zkSync for zkAggregator, zkHeatmap, and zkLens, the successful deployment of the website, the completion of audits for Stableswap, and the successful launch of the $LONG token.
Community article

zkSwap Finance Adds New Tokens to zkAggregator

Thu 28th Mar 2024
zkSwap Finance, a leading decentralized exchange and the first Swap to Earn DeFi AMM on the zkSync Era ecosystem, has announced the addition of several new tokens to its zkAggregator platform. The tokens added include Dudiez ($Dudiez), Hyco ($Hyco), AutoAirAi ($AAI), Worldcoin ($WLD), and Solana ($SOL). zkSwap Finance is known for its unique incentive model that rewards both liquidity providers and traders.
Community article

Presale Update: $LONG Token Offering

Mon 25th Mar 2024
The presale for the $LONG token, associated with the zkSwap Finance decentralized exchange, is nearing its end. With over $145,000 raised so far, all proceeds will be used to provide liquidity for the token. The presale is scheduled to conclude at 13:00 UTC on March 22nd, leaving a short window for interested parties to participate by sending Ethereum to the provided address.

zkSwap Finance Teases New Product Launch with Guessing Game

Thu 21st Mar 2024
zkSwap Finance, a leading decentralized exchange (DEX) on the zkSync Era ecosystem, has announced a guessing game to promote the launch of a new supplementary product. The game offers a prize of 999 ZF tokens (worth approximately $45 each) to the first person who correctly guesses the name of the upcoming product. Hints have been provided, indicating that the name refers to another supplementary offering. The guessing period will end around the evening of the following day (Singapore time), or when the first correct answer is received. No one has guessed the name correctly as of the latest update.
Community article

zkSwap Finance Expands Token Support for Seamless Transactions

Mon 18th Mar 2024
zkSwap Finance, a leading decentralized exchange (DEX) and the first Swap to Earn DeFi AMM on the zkSync Era ecosystem, has announced support for a range of tokens to facilitate seamless transactions. Users can now manage their swap gas fees using tokens such as ZF, USDT, USDC, WBTC, CAKE, MAV, and HOLD. This move aims to enhance the user experience and provide greater flexibility in managing transactions on the platform.
Community article

zkSwap Finance Community Votes Against Implementing Uniswap V3 Pools

Mon 18th Mar 2024
The zkSwap Finance community recently voted on a proposal to implement Uniswap V3 pools. The proposal was rejected, with 75.24% voting against, 20.03% voting in favor, and 4.72% abstaining. While Uniswap V3 offers capital efficiency and advanced features, the community prioritized simplicity and balance for its primarily retail user base. Uniswap V2 remains more suitable for now due to its widespread adoption, ease of management, and lower impermanent loss for retail liquidity providers. However, the possibility of adding V3 pools in the future is not ruled out.
Community article

zkSwap Finance Adds New Meme Tokens to zkAggregator

Mon 4th Mar 2024
zkSwap Finance, a leading decentralized exchange (DEX) and the first Swap to Earn DeFi automated market maker (AMM) on the zkSync Era ecosystem, has announced the addition of two new meme tokens to its zkAggregator platform. The tokens, $ZWIF and $LMAO, are cat-themed meme tokens launched on the zkSync network. Users can now trade these tokens through zkSwap Finance's zkAggregator, which promises a smooth and unmatched user experience.
Community article

zkSwap Finance Launches on zkSync Era Ecosystem

Mon 18th Mar 2024
zkSwap Finance, a decentralized exchange (DEX) and the first Swap to Earn DeFi automated market maker (AMM) on the zkSync Era ecosystem, has launched. It introduces a unique incentive model that rewards both liquidity providers and traders. The platform aims to become the top DEX on the zkSync Era ecosystem.
Community article

zkSwap Finance Adjusts Swap2Earn Reward Calculation

Thu 14th Mar 2024
zkSwap Finance, a leading decentralized exchange and the first Swap to Earn DeFi AMM on the zkSync Era ecosystem, has announced an adjustment to the formula used for calculating Swap2Earn rewards. Effective from the next reward cycle, the factor in the Boost calculation will be reduced from 400 to 300. The new formula will be: Your Boost = 1 + 300 * (Your staked ZF in DAO Pool) / (Total ZF Supply). This change aims to balance the decentralization of rewards and benefit holders of the yZF token.
Community article

zkSwap Finance Partners with Getblock.io

Mon 18th Mar 2024
zkSwap Finance, a leading decentralized exchange and the first Swap to Earn DeFi AMM on the zkSync Era ecosystem, has announced a partnership with Getblock.io, a prominent blockchain node provider. Getblock.io offers services for over 50 blockchains, including an implemented API token system with enhanced security, privacy, and a fast web3 experience. The partnership aims to further strengthen the zkSync Era ecosystem and provide users with a seamless and secure trading experience.
Community article
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