ZKSwap Description
ZKSwap Layer 2, which is a fast network, allows transactions to be completed without the need for gas fees. This greatly reduces the user usage cost. The theoretical TPS is 10,000+, which allows for real-time exchange without the need to wait. Smooth trading is possible on the platform. Transactions are not subject to authorization and users have full ownership of their assets. This protects account security and privacy. Users can add any token to create trading pairs with a set fee. We will also support 0 gas fees airdrops and provide seamless trading with an instant payment feature. The TPS can be increased multiple orders of magnitude based on ZK-Rollups. Users enjoy a seamless transaction experience. However, users can also control their assets and keep them safe. ZKSwap will deploy smart contracts on Ethereum to store tokens and verify Layer 2 status updates.
ZKSwap Alternatives
MoonSwap
AMM DEX running on Ethereum L2 supported by Conflux Network. Conflux contract pays for the service. It is always free. The average confirmation time for the chain is around 20s. Conflux Network and Cross-Chain Asset Protocol shuttleFlow support the chain. AMM is a significant innovation in the crypto space. It has revolutionized the way people trade cryptocurrencies. Hayden Adams created Uniswap using his incredible creativity. Liquidity pools allow users to switch between tokens in a completely decentralized and non-custodial manner. Liquidity providers make passive income from transaction fees proportionately to their share of the pool." SushiSwap has made improvements to Uniswap. At the same time, SushiSwap’s user base growth is impressive from scratch. MoonSwap added Layer 2 to AMM so that Ethereum assets holders can enjoy the "high-speed, zero GAS fee" experience and also achieve higher asset utilization.
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ShapeShift
Looking for the best crypto trading rates? FOX can help. FOX Tokens can be used to eliminate spread and commissions from the ShapeShift Platform's trade rates. You will have access to top-tier liquidity and thousands of trading pairs. Register today to receive 10 FOX Tokens for free. ShapeShift is a pioneer in crypto industry and has been around since 2014. We have remained true to one principle: giving our users full control over their digital assets. ShapeShift is a crypto exchange that holds your funds. Your private keys to control your crypto assets are yours alone. This is self-sovereign financing. You can send, receive, trade, hold and return - all securely and easily. You can count on us to provide efficient and accurate assistance 24 hours a day. We are your partner in your journey to the financial frontier.
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Acala
Acala is an Ethereum-compatible smart contract platform that allows you to scale your DApp to Polkadot. Acala is Polkadot's decentralized finance network. It is a layer-1 smartcontract platform that is scalable, Ethereum compatible, and optimized to DeFi with built in liquidity and ready-made applications. Acala allows developers to access the best of Ethereum with the full power of substrate. It offers trustless exchange, decentralized stabilitycoin (aUSD), liquid stake (LDOT), EVM+ and DOT Liquid Staking. Access DOT-based assets, derivatives, Polkadot native decentralized stablecoin, Polkadot ecosystem assets, and cross-chain assets. Acala's blockchain is tailored for DeFi and can be upgraded without the need to fork to incorporate new features requested by developers. On-chain "keepers" automate protocol execution to better manage risk and improve user experience. They also charge transaction fees with almost any token.
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PulseX
PulseX allows you to exchange tokens ("PRC20s") for one another on PulseChain. You could, for example, swap PulseChain’s native token PLS with PulseX’s token PLSX. It works in the same way as Uniswap on Ethereum. Bridges allow people to trade currencies from other chains on PulseX. As a reward, PulseX liquidity providers receive fees every time someone swaps between coins on PulseX. To earn fees and liquidity, users can use their free ERC20s to pair them with their free PRC20s. This will also increase the value of the PRC20s they received for free. To further encourage liquidity providers, PulseX will offer another token to help them incentivize their success beyond the current fees. They will be able to deposit LP tokens into a yield farm if they become liquidity providers. This token, which is not yet known, is emitted with decreasing inflation over the course of time. The DAO determines which trading pairs will receive this incentive, and at what rates.
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Integrations
Company Details
Company:
ZKS
Year Founded:
2020
Website:
zks.org/en
Media
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Product Details
Platforms
SaaS
iPhone
iPad
Android
Type of Training
Documentation
Customer Support
Online
ZKSwap Features and Options
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