zkSwap Mainnet Launch

July 6 update – the team has posted, as recently as today, that the launch is still on for July 7. However, they have not announced a time, so this time remains a placeholder.

July June 29 update – delayed to July 7.

June 13 update – the launch has been postponed due to aggressive legal action by the US in the crypto space; the team plans to implement additional measures to protect the protocol. New launch date is June 28.

A concentrated liquidity DEX (Uniswap v3 fork) on zkSync Era.

The team has not announced a time for this launch, only that it is June 14. This time is a placeholder.

DETAILS

• Mechanics & Features
  • zkSwap utilizes concentrated liquidity and active liquidity management system, similar to Uniswap v3
  • Liquidity providers have flexibility over the price range at which their liquidity is utilized
  • Each liquidity position is represented as an NFT
  • $ZKSP is the reward and governance token
  • More $ZKSP token utilities planned; e.g. reduced trading fees or you have to hold a certain number of tokens in order to be able to provide liquidity to a certain liquidity pool

• Tokenomics
  • Token symbol: ZKSP
  • Total supply: 60,000,000
    • 32.75% — Presale (100% TGE)
    • 7.25% — Private sale (100% TGE)
    • 10% — Initial liquidity
    • 9% — Team (4 years linear vesting)
    • 10% — Development fund (50% TGE, then 6 months linear vesting)
    • 5% — Marketing + advisory (50% TGE, then 6 months linear vesting)
    • 20% — Liquidity incentives (5% TGE, then 12 months linear vesting)
    • 6% — Ecosystem rewards (50% TGE, then 12 months linear vesting)