Starting April 13th, 10:00 am UTC, Layer 2 DEX ZKSwap and NFT Marketplace ZKSea will run a new round of 14-day PoL and PoT mining campaigns. The new mining round will end on April 27th, with a reward pool of over 400K USDT.
1. ERC 20 PoL / PoT Mining
PoL and PoT mining participants can add or trade 5 token pairs, sharing a 14-day total reward of 1,204,000 ZKS (~117,683.53 USDT).
How to PoL
Add liquidity of the 5 eligible token pairs (ZKS/USDT, ZKS/ETH, ETH/USDT, WBTC/USDT, ETH/WBTC) to the L2 liquidity pool and activate your address on the mining page. Participants can obtain LP tokens by adding liquidity to the L2 pool. Then the reward will be distributed according to the proportion of each user’s LP token amount. You can view your reward of the day on the PoL mining page every day at 10:00 am UTC. Unclaimed rewards will accumulate. There is no expiration date on when the reward can be claimed.
How to PoT
For PoT mining, swap five eligible token pairs (ZKS/USDT, ZKS/ETH, ETH/USDT, WBTC/USDT, ETH/WBTC) via the L2 trade–swap page. This process will automatically give participants a credential for winning a daily reward. You can view your reward of the day on the PoT mining page everyday at 10:00 am UTC. Unclaimed rewards will accumulate. There is no expiration date on when the reward can be claimed.
2. NFT POL/POT Mining
NFT enthusiasts can share a total 14-day reward pool of 3M+ ZKS after minting, listing, selling, or buying NFTs on ZKSea.
How to PoL
You can share the daily reward pool after minting and listing an NFT on ZKSea.
Once your NFT is sold out, you can claim an additional bonus equivalent to 120% of the transaction fee in ZKS (sales*2.5%*120%).
The daily reward pool is 20,000 ZKS for primary rewards and a 100,000 ZKS cap for additional bonuses per day. The primary rewards will be determined by the proportion of your daily listed quantities. The additional bonus will be calculated by the ratio of one’s sales to the whole market if the 100,000 cap is exceeded.
The total rewards cap for the NFT POL Mining event is 1.68 million ZKS.
How to PoT
You will be rewarded with 200% of the gas fee paid for purchasing NFTs, i.e., ZKS equivalent to 20 USDT for buying one NFT.
The daily reward pool is 100,000 ZKS. You will share the rewards based on the proportion of your transaction amount to the whole network if reaching the ceiling.
The total rewards cap for the NFT POT Mining event is 1.40 million ZKS.
3. Tips for Playing - $2 Eco Deposit & $1 Offer to Add and Remove Liquidity
Use Eco Deposit to substantially reduce gas fees for L1-to-L2 deposits. We are keenly aware that the high gas fee between Layer1 transfers and Layer2 transfers brings a lot of wear and tear to users. The wear and tear of not having a large enough amount of capital can outweigh the benefits users get from participating in DEX trading and liquidity mining.
To address this sore point, ZKSwap recently launched $2 Eco Deposit and $1 limited-time offer to add or remove liquidity in succession. This means that the wear and tear cost of participating in liquidity mining has been reduced significantly. We will also try to engage more users in L2 by airdropping active addresses.
Please join our community for any questions and participate in the discussion of building a better L2 ecosystem.
The all-new ZKSpace platform consists of three main parts: ZKSwap, the innovative Layer 2 AMM DEX utilizing ZK-Rollups technology, payment service ZKSquare, and an NFT minting center and marketplace called ZKSea. With an all-new-look user interface, NFT support, smoother withdrawal, optimized efficiency, and multi-chain support, ZKSpace aims to implement EVM-compatible ZK-Rollups and bring the community more layer 2-based products in the near future.