SofaSwap Sealed A Partnership With ZKSwap
Decentralized coin-margined futures trading protocol, SofaSwap announced strategic partnership with ZKSwap a token Swap protocol based on Automated Market Maker (AMM). The two parties will jointly explore solutions in the DeFi sector and Layer 2 technology to promote the innovation and development of DEX projects.
SofaSwap aims to solve the rigid demand for hedging and increase the value of low-liquidity token held by users when the bear market comes while ZKSwap is a new-gen decentralized swap instrument on Layer 2, along with SofaSwap, a decentralized coin-margined futures trading protocol.
ZKSwap carries out the exchange logic of traditional decentralized exchanges on Layer-2 through ZK-Rollups technology, so that all exchanges are completed on Layer-2, reducing the user’s transaction costs while ensuring the overall transaction experience. ZKSwap transactions on Layer-2 require zero Gas Fee, which greatly reduces transaction cost for users.
ABOUT ZKSwap
ZKSwap is a token Swap protocol based on Automated Market Maker (AMM). Through ZK-Rollup technology, the full set of Uniswap functions are realized in Layer-2, while providing unlimited scalability and privacy.
ABOUT SofaSwap
SofaSwap is a decentralized coin-margined futures trading protocol that consists of three roles: the positive Trader (high income with high risk ), the passive market Maker (medium income with medium risk) and the Farmer (low income with 0 risk), who stakes tokens to provide liquidity.
