DAFI Protocol Parnered With ZKSwap To Reinvent The Staking Rewards Model
DAFI Protocol announces a partnership with ZKSwap.
DAFI Protocol is delighted to welcome ZKSwap to its vibrant ecosystem. By integrating smart synthetic dTokens, the token swap protocol would have the opportunity to expand the utility of its network by rewarding long-term users through a demand pegged model.
ZKSwap will explore the integration of DAFI’s synthetics into its ecosystem enabling the creation of dZKS for its ecosystem. These synthetic smart tokens will help incentivize users better due to the limited supply of synthetics in the ecosystem suppressing the effects of supply shocks.
The scope of the partnership also expands to exposing DAFI’s users to ZKSwap’s Layer2 DEX platform. Users will seamlessly swap their tokens without any gas fees at an ultra-speed with increased privacy.
About DAFI Protocol
DAFI reinvents how every decentralized network is rewarded. By creating synthetics pegged to different decentralized networks, every blockchain and cryptocurrency can create a dToken flavor to reward their early users while still enhancing scarcity when demand is low.
DAFI can reward a network even when demand declines by issuing synthetics that will reward user’s later — instead of earlier. This approach will change the foundation of all staking, liquidity, and even social reward systems for the entire decentralized world.
About ZKSwap
ZKSwap is a ZK-Rollup-based layer2 DEX employing the AMM model. ZKSwap transfers ETH and ERC20 tokens from the Ethereum network to layer2, using ZK-Rollup to maintain the consistency between the two layers. It is also instrumental in resolving Ethereum network issues such as network congestion, high transaction costs, low TPS and high latency.
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