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SINGAPORE, June 23, 2021 /PRNewswire/ — ZKSwap, a decentralized exchange based on the ZK-rollups layer-two scaling solution, is unveiling the 2.0 version testnet at 3:00 UTC on June 23rd, 2021, which highlights the Unlimited Token Listing feature. ZKSwap charges no fees for token listing. To list a new token, however, users need to pay some Gas fee to Ethereum Ropsten miners to create an ERC-20 standard token before adding it to ZKSwap.
In the 2.0 version, ZKSwap also aims to solve problems like slow withdrawals from L2 to L1, poor scalability, etc. by changing the token management strategy and optimizing the circuit as well as the withdrawal procedure.
The V2 mainnet will go live once the testnet runs steadily. There has been tremendous project development since the debut of ZKSwap V1 mainnet on February 14, 2021. During the past 5 months, the mainnet was updated six times to improve product performance and user experience. Below are what ZKSwap has achieved so far:
As of now, ZKSwap has accumulated over 80,000 Layer2 accounts with over 1 million transactions and $10 billion worth of USDT in trading volume. The platform peaked TVL at $2 billion, taking approximately 80% of the DEX market share, citing data from L2 beat.
In celebration of the V2 Testnet Launch, ZKSwap invites all community members to join our user experience programs as follows:
Try out ZKSwap V2 testnet between 23rd June — 6th July
Campaign I: Try V2 Testnet and Get Rewarded
Period: June 23, 2021 — July 6, 2021 (UTC)
Rewards:
How to participate:
Campaign II: Try Unlimited Token Listing and Get Rewarded
Period: June 23, 2021 — July 6, 2021 (UTC)
Rewards:
How to participate:
Important:
ZKSwap is a layer2 dex based on the ZK-Rollup technology and using the AMM model. For more information, please check:
ZKSwap Official Website: https://zks.org/en
ZKSwap APP: https://zkswap.app
ZKSwap Forum: https://forum.zks.org
ZKSwap Twitter: https://twitter.com/ZKSwapOfficial
ZKSwap Official Telegram group: https://t.me/zkswapofficial
ZKSwap Discord: https://discord.gg/NfZBKNJuAX
ZKSwap Medium: https://zkswapofficial.medium.com
ZKSwap Github page: https://github.com/l2labs
ZKSwap Reddit: https://www.reddit.com/r/ZKSwap_Official
SOURCE ZKSwap
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