The decentralised exchange ZKSwap launched liquidity mining [Proof of Liquidity Mining, PoL] for trading pairs and tokens on 10 April. The total reward pool will be 6 million ZKS. This is reported in the ZKSwap blog.
Users will receive tokens for adding liquidity:
- for trading pairs WBTC/ETH, BBTC/WBTC and BBTC/ETH;
- for tokens WBTC, BBTC and ETH.
To participate in PoL, connect a MetaMask wallet at zks.app. Add liquidity for pairs on the page Farm pool, for tokens on the page Single token mining.
The exchange issues ZKS after adding liquidity to trading pairs or tokens. The amount of the rewards depends on the share of funds deposited.
ZKSwap will distribute the tokens over three weeks:
- From 10 to 17 April: trading pairs — 600,000 ZKS each, tokens — 200,000 ZKS;
- From 17 to 24 April: trading pairs — 500,000 ZKS, tokens — 166,000 ZKS;
- From 24 April to 1 May: trading pairs — 400,000 ZKS, tokens — 133,000 ZKS.
ZKSwap — a protocol and decentralised crypto exchange based on ZK-Rollup technology. ZKSwap users can trade Ethereum (ETH) and ERC-20 tokens, and also receive rewards in ZKS tokens. On 13 April the volume of assets locked in ZKSwap exceeded $1.4 billion.
As reported this week by ForkLog, card about ZKSwap. In it we discussed ZK-Rollups, community mining and the ZKS tokens.