Your guide to ZKSwap’s ongoing mining campaigns. Don’t miss out! 26th May
Today’s ZKSwap status: As of 18:00 GMT on May 26th, 2021
- TVL $224 million
- Liquidity $113 million
- Transaction 6067 (24 hrs transactions)
Lots of things are happening in the crypto space, and so on ZKSwap! Besides the 0-gas fee, safe and smooth experience for everyday use, there are various campaigns you can participate in to get rewards. Here’s a quick go-through.
1.Proof-of-Liquidity mining
We have announced the new round of PoL and PoT on the 24th of May, the mining activities will last for 14 days until 18:00 (GMT+8) on June 7th with a total reward of over 1.45 million ZKS.
The address needs to be manually activated to join each mining, after activating, users can add liquidity to the Layer 2 liquidity pool and obtain LP Token. By holding LP Token in Layer 2, you are participating in the PoL.ZKSwap will take a snapshot of the fund pool of Layer 2 at a random time daily, and calculate the rewards.
More details of the 5th PoL.
2. Proof-of-TransFee mining
You will be rewarded daily by trading the below pairs: ZKS/ETH, ZKS/USDT, ETH/WBTC, WBTC/USDT, ETH/USDT, WBTC/BBTC, BUSD/USDT, WQTUM/ZKS, OKB/ZKS, GT /ZKS, UNI/ZKS, SUSHI/ZKS, AAVE/ZKS, SHIB/ZKS, AKITA/ZKS.
More detailsof the 5th PoT.
3.Proof-of-Staking mining
Stake your ZKS and be rewarded! There are different time periods of staking for you to choose from, simply go to our PoS page and click the one you want to join. Note that by participating in 360days PoS, you will also get gZKS which is our governance token. With gZKS, you will be able to propose and vote, greatly involved in the community and future of ZKSwap.
4.Proof-of-Gas mining
PoG is a long-term activity, you can participate by depositing ETH. The official will withdraw ETH from the fund pool participating in PoG mining according to the gas cost consumed by ZKSwap, consume the user’s ETH according to the proportion of the user’s ETH in the fund pool, and generate the ZKS reward pool of the day according to the official ETH value*125%. The reward will then be distributed to users in proportion.
5.ZKS Single Token Mining and Saving’s campaign
You will be able to participate in single token mining by holding ZKS in Layer2 wallet and these staked ZKS will be counted into the Savings’ Campaign at the same time.
Reminder: Among the mining activities, PoL/PoT/ZKS single token and saving’s campaign are on Layer2 while PoS/PoG are on Layer1.
How to start mining? Check our step-by-step tutorial!
You can also follow our official social media channels and forum for more updates!
ZKSwap is a layer2 dex based on the ZK-Rollup technology and using the AMM model. And You can find us here🥰:
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
