Name of Project: ZKSwap
ZKSwap is a brand-new Swap protocol based on zkRollup technology. Through zkRollup technology, all tokens on Ethereum Layer-1 can be transferred to Layer2, and the consistent state of Layer1 and Layer2 is guaranteed based on continuously generated zero-knowledge proofs. This solution allows all exchanges to happen on Layer 2, achieving real-time swap with zero gas fees, unlimited scalability, removing the constraint from the Ethereum’s TPS, and block confirmation time. The user no longer has to wait for the block confirmation time for each transaction. ZKSwap enables a DEX to provide the smooth user experience of a centralized exchange (CEX) while allowing the users to have full custody over their funds. ZKS is the token issued by ZKSwap project, with a max supply of 1 billion, 60% of the total supply would be used as incentives for users and rewards for early participates.
Total supply: 1,000,000,000 ZKS
Circulating Supply: 206,440,000 ZKS
Official website: https://zks.org/en
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