PRESS RELEASE. ZKSwap developed by L2Lab is the first tier2 dex based on ZK-Rollups technology and uses the AMM model. The team has recently closed a $ 1.7 million Angel Round led by Bixin, followed by Longling Capital, SNZ Holding, FBG Capital, Jubi, and Consensus Lab.
After launching on the Ethereum Ropsten test network on November 16th, 2020, many members of the community have participated in the test and helped ZKSwap improve the product. To give back to the community, ZKSwap launched several testnet incentive programs for the users starting from November 27th, 2020, Beijing time.
Details of the incentive program campaign were published on the official website of zks.org. ZKSwap will give away 1 million ZKS for those users who are helping to test the tier2 transaction this time around. There will be no public fundraising for ZKSwap and the community incentive program is a rare opportunity to receive a ZKSwap ZKS governance ticket.
The ZKSwap
ZKSwap is the first tier2 dex based on ZKRollup using the AMM model. Users can now deposit and withdraw between ZKSwap’s tier 1 and tier2 wallet, exchange tickets, transfer tickets, and add / remove liquidity on ZKSwap with real-time transactions and zero gas fees. ZKSwap is led by Alex Lee and a lean technology team with rich experience in knowledgeless R&D.
This is a press release. Readers should do their own due diligence before taking any action related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use or reliance on any content, goods or services mentioned in the statement to ‘ press.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, nor a recommendation or endorsement of any products, services or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use or reliance on any content, goods or services mentioned in this article.