ZoomSwap Overview

Published on: 06.10.2021

ZoomSwap is a cross-chain infrastructure project that builds liquidity for layer-one blockchains, AMMs and partnering projects. Launching on IoTeX, there is an exciting opportunity for farmers to earn ZOOM and other project tokens. ZoomSwap benefits from fast and cheap transaction capabilities on IoTeX.

TOKEN INFORMATION

  • Token: ZOOM
  • Max Supply: 87,962,112 $ZOOM
  • 870912 tokens (~1%) are minted for marketing, airdrop purposes
  • All rest tokens (~99%) are mined, controlled by masterchef smart contracts

ZoomSwap Three Main Category

  1. Traders: buy and sell cryptocurrencies (via the “Swap” tab)
  2. Liquidity Providers: deposit assets into smart contracts to earn liquidity mining rewards (via the “Liquidity” tab)
  3. Farmers: constantly enjoy high-reward APY yield farming.

ZoomSwap went live last 30th September 2021, giving users an opportunity to swap tokens and provide liquidity.

ZoomSwap is a cross-chain infrastructure project that establishes liquidity for the first-tier blockchain, AMM, and cooperative projects. ZoomSwap benefits from the fast and cheap transaction capabilities on IoTeX and will be launched on it as the first chain. ZoomSwap will provide farm services for all ecological projects on IoTeX, incentivize users to join the farm and earn ZOOM and other project tokens.

Token swapping on Zoom is very simple. ZoomExchange directly interfaces with the third-party AMM liquidity pool, which means that users directly trade on third-party DEX through ZoomSwap. Each transaction user needs to spend 0.3% as Liquidity Provider Fee. ZoomSwap does not charge any additional fees, and they do not retain any part of the LP reward.

ABOUT ZoomSwap
ZoomSwap is a cross-chain infrastructure project that builds liquidity for layer-one blockchains, AMMs and partnering projects.

RESOURCES
Medium | Website

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