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Home All Events - Ape O'Clock zkSwap Liquidity Launch

Date

May 07 2023
Expired!

TimeUTC

5:00 pm

Your Time

  • Timezone: America/New_York
  • Date: May 07 2023
  • Time: 1:00 pm

Status

Active

zkSwap Liquidity Launch

Token launch for a concentrated liquidity DEX (Uniswap v3 fork) on zkSync Era.

DETAILS
  • Launch Details
    • Token will be listed on Izumi
    • Token pair: ZKSP/WETH
    • Listing price: 1 ETH = 0.0000229 ETH (~$0.044)
    • Presale price: 1 ETH = 0.0000229 ETH (~$0.044)
      • 103.72 ETH raised in presale on zkSwap (450 ETH hard cap)
      • Vesting: 100% at launch
    • Initial diluted market cap: $2,640,00
    • Initial liquidity: unknown
    • Taxes: 0%
  • Mechanics & Features
    • zkSwap utilizes concentrated liquidity and active liquidity management system, similar to Uniswap v3
    • Liquidity providers have flexibility over the price range at which their liquidity is utilized
    • Each liquidity position is represented as an NFT
    • $ZKSP is the reward and governance token
    • More $ZKSP token utilities planned; e.g. reduced trading fees or you have to hold a certain number of tokens in order to be able to provide liquidity to a certain liquidity pool
  • Tokenomics
    • Token symbol: ZKSP
    • Total supply: 60,000,000
      • 32.75% — Presale (100% TGE)
      • 7.25% — Private sale (100% TGE)
      • 10% — Initial liquidity
      • 9% — Team (4 years linear vesting)
      • 10% — Development fund (50% TGE, then 6 months linear vesting)
      • 5% — Marketing + advisory (50% TGE, then 6 months linear vesting)
      • 20% — Liquidity incentives (5% TGE, then 12 months linear vesting)
      • 6% — Ecosystem rewards (50% TGE, then 12 months linear vesting)
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