ZKSwap’s V2 mainnet will be launched tomorrow

Decentralized cryptocurrency exchange ZKSwap Announce The upcoming V2 mainnet will be launched on the first layer of the Ethereum mainnet on July 28. It is planned to launch the second layer on Binance Smart Chain, Huobi Eco Chain and OKEx Chain at some time thereafter.

This update will introduce various new features for third-party projects that wish to list their tokens for trading, such as allowing unlimited token lists and matching. The update also reduces the cross-layer withdrawal time from 40 minutes to 20 minutes, and allows users to use an expanded list of tokens to pay for withdrawals, such as Ether, Tether and the platform’s own ERC20 token ZKS.

Once deployed on all planned networks, the team stated that ZKSwap v2 will be ready for mass adoption, ensuring that listed projects can transfer liquidity across blockchains as they see fit. As for scalability, transactions occur on layer 2 to minimize waiting time and fees. Therefore, the project indicates that users will enjoy fuel-free transactions within a predetermined limit every day.This The exchange is also intentional Hold an event at the start to ensure the hassle-free migration of liquidity providers.

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After its launch in February 2020, ZKSwap locked more than $1.7 billion in just six months. Its users are rewarded in the platform’s ZKS token, which currently plays a role in network governance. ZKSwap also utilizes various consensus methods, such as Proof of Stake (PoS), Proof of Transfer (PoT), and Proof of ZK (PoZK).

In recent days, decentralized and other exchanges have continued their efforts to regulate.Binance CEO Changpeng Zhao recently announced that he plans to Withdraw from decentralization Try to achieve regulation in the most stringent countries.At the same time, encryption companies are Exit China Due to the recent crackdown, around.