ZKSwap Announces Issuing Community Governance Token gZKS
ZKSwap officially announced that it had issued the community governance token gZKS to eligible users on April 29, 2021, GMT+8. A total of 7,345,137 gZKS tokens were issued to 968 eligible addresses.
Users who participate in ZKS Proof-of-Staking mining with a 360-day period will receive gZKS at their L2 addresses. The amount of gZKS will decrease linearly with the actual staking duration to half of the amount of staked ZKS.
About ZKSWAP:
ZKSwap is a Layer-2 decentralized exchange that adopts AMM model and zk-Rollup technology. It’s built on Ethereum, and aims to give traders low latency & no gas fee experiences. ZKS is the utility and governance token that is used in ZKSwap. You can try the application at zks.
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