Many DEXes on #zkSync will RUG. ❌
Why?
They don't care about the users.
And @zkSync__era aims to bring 1 BILLION users to Web3 through easy accessibility & affordability.
Which ecosystem can we TRUST then?
That's where the KNIGHT comes in – @zkaliburDEX ⚔️
A detailed 🧵
⤵️
The Thread Content List:
⚔️ Introduction to @zkaliburDEX
⚔️ Features of eZKalibur
⚔️ Why Built on #zkSync
⚔️ Their Mission
⚔️ Ambassador Program
⚔️ Protocol Core Functionalities
⚔️ Launchpad
⚔️ Partnership
⚔️ Tokenomics
⚔️ Roadmap
⚔️ Official Links
Ready to rock?
Let's roll🚀
⚔️ Introduction to @zkaliburDEX
eZKalibur is the first ecosystem-focused and community-driven DEX built on @zkSync__era
They have built a highly efficient & customizable protocol.
eZKalibur allow its users to leverage their infrastructure for sustainable & adaptable liquidity.
⚔️ Features of @zkaliburDEX
Here are @zkaliburDEX's main features that'll sustain her:
🔑 Community-driven
🔑 Has a seamless & user-friendly UI/UX experience for traders & platform users
🔑 Viable partnerships with top projects
Now to the advantages of being on #zkSync ⤵️
⚔️ Why Built On @zksync
zkSync Era is the layer 2 protocol that scales #ETH security and values through zero-knowledge cryptography.
With its revolutionary features, ezKalibur will quickly overtake the other L2s in the coming months.
Now to 3 reasons they chose ZkSync...⤵️
🛡️ Hyperscalability
zkSync Era aims to accelerate the widespread adoption of blockchain tech by making DApps more accessible and affordable at any scale.
It depends on Zero Knowledge.
More?
🛡️ Security
As zkSync Era is already a protocol build on #ETH, it therefore inherits Ethereum-level security.
Its security model doesn't rely on game theory or fraud proofs.
Instead, zkSync is built on cryptographic & mathematical primitives.
How about this?
🛡️ Game Changing UX
zkSync Era supports native account abstraction.
This empowers developers to create a UX that’ll bring the 1st Billion users to Web3.
And upgrade users from externally owned accounts (EOAs) to smart contract accounts (CAs).
$SWORD users ⤵️
(CC: @QueenNahzy)
⚔️ How To Bridge To zkSync
With the availability of several security bridges, bridging to zkSync is stress-free.
The bridges connect zk-rollups to other Ethereum Virtual Machine (EVM) compatible chains.
And this brings to the significance of eZKalibur in the #DeFi world: 🔻
⚔️ Their Mission
@zkaliburDEX mission aligns with the mission of @zksync, which is to accelerate the mass adoption of crypto for personal sovereignty.
We’re delighted to announce our new partnership with @zkaliburDEX.
⚔️ Ambassador Program
eZKalibur recently announced some brave and valid Crypto Influencers to represent the Kingdom and help the ecosystem grow in its own way.
Wanna learn more? Go here:
docs.ezkalibur.com/introduction/o…
Wanna join the program?
Here you go🔻
docs.google.com/forms/d/e/1FAI…
⚔️ Protocol Core Functionalities
@zkaliburDEX AMM is designed in an efficient, fast, cheap, and secure way to trade one ERC-20 token for another via our liquidity pools.
When you're in control of your assets, you trade with ease.
Here are 3 Key Contributors: ⤵️
🛡️ Yield Farming
This gives you the chance to earn rewards by staking liquidity provider (LP) tokens in the Yield Farms.
However, your rewards depend on the APR of the Yield Farm you're staking in.
And yeah, anyone can provide liquidity to the pool.
Then there is the...
🛡️ Dividend
Dividends account for 20% of total protocol earnings.
They will be distributed to users which allocate xSWORD in the dividend feature.
The distribution is based on a weekly epoch logic.
Every week, a fixed part of the accumulated tokens will be distributed.
🛡️ Payouts
The distribution of those tokens is equally spread over the duration of the epoch.
They are allocated on a second-basis to every user with a xSWORD allocation on this Dividends plugin, proportionally to their share of the total allocation.
Another feature is:
⚔️ Launchpad
@zkaliburDEX doesn’t only want to be the leading DEX on @zksync.
Likewise, they aim to become the most valuable launchpad of the entire chain, launching the most promising protocols and helping them to grow into the foremost protocols of ZkSync.
And also...
New projects will be launched on their Launchpad soon.
And the liquidity will be automatically added on their DEX.
This builds an ecosystem in which projects will be able to be born, launch and grow, everything managed in a truly-decentralized way.
Can you guess what?
⚔️ Partnership
@Zksminer has announced their partnership with @zkaliburDEX and many more.
Check this tweet for more info:
⚔️ Tokenomics
$SWORD is eZKalibur's native token.
Together with $xSWORD, it can be earned as yield rewards on the various yield farms available on the protocol.
Take note, $xSWORD represents a non-transferable escrowed token.
Which leads to...
🛡️ $xSWORD
This token corresponds to staked $SWORD.
It is possible to redeem SWORD by staking xSWORD up to a 1:1 ratio anyway.
xSWORD is substantial in creating a sustainable tokenomics strategy.
Here are the full details of their token:
🛡️ Token Metrics Name: SWORD
🛡️ Ticker: $SWORD
🛡️ Chain: zkSync
🛡️ Max supply: 10.000.000 SWORD
Launch details will be released soon.
Here's their guide to overtaking other L2s ⤵️
⚔️ Roadmap
🛡️ Phase 1: Proof of concept and MVP design
🛡️ Phase 2: Product development and mainstream adoption
🛡️ Phase 3: Expansion
⚔️ Official Links
For future reference purpose, do your own research through these links:
Website: ezkalibur.com
Discord: discord.gg/ezkalibur
Twitter: @zkaliburDEX
Telegram: t.me/ezkalibur
Useful Tags: #zkSync #zkEVM #eZKalibur $SWORD
Before you go…
If you found value in this thread,
Like
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Retweet for more profitable insights on leading #DeFi projects.
Ohhh...
And then, lest I forget...
Here's a step-by-step guide on how you can swap using @zkaliburDEX ⤵️
Tagging DeFi chads to check out this amazing #zkSync ecosystem 🔻
🛡️ @VanessaDefi
🛡️ @CryptoDefiLord
🛡️ @_BillionAireSon
🛡️ @PrinceIsraelsw1
🛡️ @Ebubechi_GMI
🛡️ @wittyprince_
🛡️ @FavouredFaith6
🛡️ @_Savvy_Victor
🛡️ @sopurusilver
🛡️ @Crypto_Hashira1
🛡️ @defiprincess_
🛡️ @0x_eni
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