Over 25K ZKS Tokens Burnt in January

Hi, swappers!

We’ve just completed the tenth token burn scheme on February 2, 2022, with a total of 25,777 ZKS burnt in the last month.

According to the ZKSwap economic whitepaper, 0.3% of all Layer2 swap transactions are charged as the transaction fee, of which 0.05% will be used as the protocol fee to regularly obtain ZKS, and the ZKS obtained will be directly destroyed. Going forward, we will carry out ZKS burning on a monthly basis and make corresponding announcements.

Click here to check out burning details.

About ZKSpace
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, unlimited token listing, 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.

Stay Tuned