ZKSwap Boosts Liquidity with ZKFair Support and $2M in Initial Trades

8 months ago

PRESS RELEASE. ZKSwap, the decentralized speech operating wrong the ZKBase ecosystem, is pleased to denote its endorsement of the community-driven Layer2 network, ZKFair. Additionally, the level has initiated the proviso of archetypal liquidity connected the ZKFair network. The recently introduced trading pairs connected ZKFair see ZKB/USDT, ZKB/ETH, and ZKB/WBTC, collectively accounting for an approximate full liquidity of $2 million.

Established connected February 14, 2021, ZKSwap has undergone progressive iterations with the instauration of V1, V2, and V3. As the pioneering Layer2 decentralized speech utilizing zero-knowledge proofs, ZKSwap has committed astir $30 cardinal towards Layer2 web verification fees connected the Ethereum network. At its zenith, the Total Value Locked (TVL) connected the ZKSwap web surpassed $2 billion.

Presently, ZKSwap extends enactment to 3 Layer2 networks: zkSync Era, ZKFair, and ZKSpace. Notably, ZKSpace is slated for an imminent upgrade to the zkSync Era version. Furthermore, ZKSwap is gearing up to broaden its ecosystem by incorporating enactment for the Bitcoin web and introducing a BRC20 Swap merchandise successful the adjacent future.

ZKBase Team

[email protected]

https://twitter.com/ZKSpaceOfficial/status/1740678651903971508

 

 

 


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