According to ZKSwap’s economic white paper, that 2.5% of the total ZKS tokens (25 million ZKS), will be distributed as Proof-of-Staking mining rewards for the first year.
Therefore, we will launch a new round of Proof-of-Staking mining event on February 25, 2021 at 18:00pm Beijing Time. Offering four staking periods of 30,60,180 and 360 days, corresponding to 1x, 2x, 4x and 8x reward factor. A total of 15.24 million ZKS will be distributed as rewards, currently worth about $100 million.
The reward pool for each staking period is as follows:
It is worth mentioning that participating in the 360-day period of PoS mining will not only get you up to 8x mining rewards, but you will also get ZKSwap voting rights and governance token gZKS (Govern ZKS) to participate in the governance of the ZKSwap platform, for more information please visit: zks.org
ZKSwap is an AMM modeled layer2 dex based on Practical ZK-Rollups — the ZKSpeed protocol.
And You can find us here🥰:
ZKSwap Official Website: https://zks.org/en
ZKSwap APP: https://zkswap.app
ZKSwap Twitter: https://twitter.com/ZKSwapOfficial
ZKSwap Official Telegram group: https://t.me/zkswapofficial
ZKSwap Discord: https://discord.gg/ZRxS8fYTDv
ZKSwap Medium: https://zkswapofficial.medium.com/
ZKSwap Github page: https://github.com/l2labs