zkSync Era’s mainnet launch promises a future explosion in the race to build an ecosystem among L2s. Today we will learn about the leading AMM project on zkSync Era, eZKalibaur. So what is eZKalibaur? Let’s find out through the article below.
To better understand what eZKalibaur is, people can refer to some of the projects below to get an overview of eZKalibaur:
- zkSync – Leading the Trend of zk-EVM and zk-Rollup
- Retroactive Hunting Tactics zkSync & Starknet
What is eZKalibaur?
Overview of eZKalibaur
eZKalibaur is the first community-driven and ecosystem-focused decentralized exchange built on zkSync Era. Thanks to the unique and revolutionary features of zkSync Era, the project team believes that it will soon surpass other L2s in the future.
With the mission of becoming a super functional and highly efficient DEX on the zkSync ecosystem and inheriting features such as: Hyperscability, Security, Game-changing UX. eZKalibaur AMM is designed to be simple, effective, fast, cheap and safe. Own a 2-token model following the success of Arbitrum’s GMX ($SWORD, $xSWORD).
The products that eZKalibaur has are:
- Swap.
- Farming.
- Launchpad.
The eZKalibaur difference
- eZKalibaur pays liquidity providers 0.25% trading fees whenever swapped on eZKalibaur.
- The project uses 1% of fundraising fees from launchpads to buy back $SWORD to help create token deflation.
- There are 2 ways to participate in purchasing project tokens early: Fairlaunch and Whitelist.
Components that make up eZKalibaur
- Liquidity providers: Liquidity providers for projects listed on the platform.
- Stakers: People who bet SWORD in exchange for xSWORD, the longer they bet, the higher the reward they receive.
- Trader: Swap traders and join the yeild farm to increase profits.
Mechanism of action
- Step 1: Swap any tokens allowed to circulate in the platform to SWORD
- Step 2: Use tokens to participate in activities: launchpad, farming, staking.
- Step 3: After staking, users will need to wait 90 days to receive the full 1:1 reward.
Development roadmap
Updating…
Core Team
Updating…
Investor
The project successfully raised capital in private and public sale rounds in early June 2023.
Tokenomics
Overview information about SWORD token
- Token Name: eZKalibaur.
- Ticker: $SWORD.
- Blockchain: zkSync Era.
- Token Standard: ERC-20.
- Contract: 0x240f765af2273b0cab6caff2880d6d8f8b285fa4.
- Token Type: Utility.
- Total Supply: 10,000,000 SWORD.
- Circulating Supply: Updating…
Token Allocations
- Liquidity mining: 42%
- Public sale: 20%
- Protocol owned liquidity: 10%
- Reserves: 10%
Token Release
Updating…
Token Usecase
SWORD tokens are used to participate in platform activities such as:
- Yeild farming
- Launchpad
- Staking
Exchanges
Updating…
Project information channel
- Website: https://dapp.ezkalibur.com/xsword
- Twitter: https://twitter.com/zkaliburDEX
- Telegram:
Summary
Although it has just been launched, the trust that the market places on has been shown in the TVL volume and the amount of capital raised which is quite impressive even though the market is still in gloomy days. At eZKalibaur, there are all the elements for a new generation DEX. Will the project be received as expected?