In order to thank the users for their long-term trust and support, the ZKSwap team decided to start the first phase of the savings campaign on March 29, 2021, 18:00 GMT+8. The first phase of the savings campaign will last for 4 weeks. In addition to the basic savings reward, there will also be a bonus reward.
Campaign duration: March 29-April 26, 2021
1. This event is only for ZKS holders;
2. During the event, ZKSwap will take snapshots of users’ assets on Layer2 each day to count the ZKS held by each address;
3. Basic savings reward: ZKSwap will calculate the reward based on the lowest value of all snapshots during the week, and will issue savings rewards on the following Monday, with an annualized APY of 10%;
4. The bonus reward: After 4 weeks of continuous snapshots, the bonus rewards will be calculated based on the lowest value of the account’s holding during the 4 weeks and the bonus reward will be with an annualized APY of 10%. After the completion of the first phase of the savings campaign, the bonus reward will be distributed.
The final interpretation right of this activity belongs to the ZKSwap team. Follow ZKSwap official website zks.org/blog for more exciting activities!
ZKSwap is an AMM modeled layer2 dex based on Practical ZK-Rollups — the ZKSpeed Protocol.
And You can find us here🥰:
ZKSwap Official Website: https://zks.org/en
ZKSwap APP: https://zkswap.app
ZKSwap Twitter: https://twitter.com/ZKSwapOfficial
ZKSwap Official Telegram group: https://t.me/zkswapofficial
ZKSwap Discord: https://discord.gg/ZRxS8fYTDv
ZKSwap Medium: https://zkswapofficial.medium.com/
ZKSwap Github page: https://github.com/l2labs
ZKSwap Reddit: https://www.reddit.com/r/ZKSwap_Official