ZKSwap To Launch Their Third Phrase Liquidity Mining Campaign with Million ZKS Rewards and Add ZKS to Single Token Mining

Published on: 25.04.2021

ZKSwap has achieved $1.8 billion TVL since launching thanks to continuous support from the community. The ZKSwap team has decided to start the third round of PoL and PoT campaigns to give back million ZKS rewards to our users for their long-term support.

To improve the ZKSwap users’ experience and to incentivize ZKS holders, this campaign will distribute higher mining rewards to trading pairs with high demand. The campaign has also introduced ZKS single token mining in addition to the ZKS savings campaign to empower ZKS and enhance ZKS usage scenarios. Users can participate in ZKS single token mining by holding ZKS in their l2 wallets(and at the same time participating in the savings campaign).

The joint ZKS and XDEX campaign is drawing to a close, with millions of dollars in joint rewards distributed and millions of dollars participated in liquidity mining. The XDEX team is offering an additional 100,000 XDEX airdrops to loyal XDEX/ZKS LP providers. The reward will be distributed to XDEX/ZKS LP providers’ Layer2 wallets according to their percentage of the pool in a random snapshot near 10:00 GMT on 25 April. A new round of joint mining campaign will be launched on 26 April at 11:00 GMT. The joint campaign will last 14 days and will end at 11:00 GMT on May 10th, 2021.

Proof of Liquidity (PoL)

1.405 Million ZKS in Reward

Campaign time: 11:00 GMT April 26, 2021 to 11:00GMT May 10th

Campaign details:

ZKSwap will take a snapshot of the Layer2 pool at a random time between 11:00 GMT of the ongoing campaign date to 11:00 GMT of the following day, and will calculate the number of ZKS rewards each LP Token is eligible with based on the total number of LP Tokens in Layer2 at the time of the snapshot.
The amount of the daily reward will be announced at 11:00GMT each day and can be confirmed manually by the user without any processing fee.
Simply adding liquidity to the Layer2 pool to obtain LP Token, and holding LP Token in Layer2 is eligible to participate in PoL activities.
Take part in single token mining by simply transferring assets to Layer2, no staking is required;

Note: Reward distribution may be delayed due to network congestion

Proof of Transaction (PoT)

100,000–150,000 ZKS in Reward

Campaign time: 11:00 GMT April 26, 2021 to 11:00GMT May 10th,2021

Campaign details: There are 14 mining pairs, namely ZKS/ETH, ZKS/USDT, ETH/WBTC, WBTC/USDT, ETH/USDT, WBTC/BBTC, BUSD/USDT, WQTUM/ZKS, OKB/ZKS, GT/ZKS, XDEX/ZKS, UNI/ZKS, SUSHI/ZKS, and AAVE/ZKS, and users can earn daily rewards by trading in the corresponding pairs.