Ethereum Based Layer2 AMM DEX ZKSwap Mainnet Deployment Completed, Will Officially Launch at 20:00 on Feb 14th(GMT+8)

ZKBase
ZKBase
Published in
3 min readFeb 13, 2021

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ZKSwap, ZK-Rollups based layer-2 DEX with the AMM model has completed its mainnet deployment, with all the indicators and test cases showing everything goes smoothly. ZKSwap will be officially launched at 20:00 on 14th Feb (GMT+8).

After ZKSwap mainnet is launched, it will support mainstream ERC20 tokens through Layer-2 wallet, and its users may enjoy 0 gas fee and real-time swap. It will also support free and real-time transfer for USDT/USDC and all the other stable currencies on the Layer-2 network. Worth mentioning is that Layer-2 wallet will share the same Ethereum address as Layer-1 wallet, which means users can easily transfer their assets without any troubles. Compared with the gas fee of tens of dollars on the Ethereum main network, the Layer-2 wallet provided by ZKSwap can achieve 0 gas fees and real-time transactions. All the transactions will be put on-chain, and the absolute security of users’ assets is guaranteed through the verification of zero-knowledge proof technology.

When the ZKSwap mainnet is launched, it will also support 30 tokens to be traded on Layer-2, including ZKS, ETH, USDC, WBTC, HBTC, SUSHI, UNI, 1INCH, LON, WQTUM, AAVE, LRC, ALPHA, DODO, CREAM, YFI, GT, MX, SNX, RUNE, MKR, LINK, BNB, HT, OKB, REN, YFII, BADGER, DAI and USDT. Besides, many liquidity mining programs will be alive after the mainnet launch.

ZKSwap has undergone 15 months of hard research and development, 5 times of testnet incentive programs as well as the Layer 2 shutdown campaign (ZKSwap can ensure the safety of users’ assets even the whole system is shut down), and it is finally about to be released! Before the release, it has also undergone security audits by 3 world-renowned auditing teams, including the zero-knowledge proof audit team ABDK, the smart contract and zero-knowledge proof test case audit team CertiK, and the smart contract and circuit test audit team Slowmist. All problems reported by the audit teams mentioned above have been fixed.

The ZKSwap team has developed a very efficient large-scale zero-knowledge proof system. The scale of the zero-knowledge proof server used exceeds 5 million U.S. dollars. At present, the system can process 5 million Layer-2 transactions per day. The gas cost of each Layer-2 transaction is only 2% of the Ethereum main network gas cost, and all transactions are confirmed in real-time, with no transaction capacity limit.

With the launch of the ZKSwap, we believe that the blockchain industry will also usher in a new stage of development, that is, the rise of the Layer-2 blockchain network and the era of large-scale blockchain applications. With the help of the Layer-2 network, we can realize the unlimited scalability of blockchain performance, and lay a solid foundation for the large-scale application of blockchain.

🙅‍️🚨🚨🚨Scam Alert! 🚨🚨🚨

As we approach launching on the Ethereum mainnet, please beware of scammers! Always verify the legitimacy of information related to ZKSwap on our official website https://zks.org/en and social media channels listed there.

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

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ZKBase
ZKBase

ZKBase (https://zks.org) is an all-in-one layer2 platform, featuring ZKSwap-DEX, ZKSea-NFT, ZKSquare-payment and ZNS-DID.