Thread by @lordd_martinez

I spent 50+ hours studying crypto launchpads

Meet the first community-driven and ecosystem-focused DEX and Launchpad built on zkSync that will help you grow your investments

I learnt what they do differently (90% of other launchpads don’t do this and that’s what they fail):

🧵

At the end of this thread, you’ll have learnt:

⚔️Why 90% of new DEXes crash
⚔️What makes eZKalibur different
⚔️Why eZKalibur
⚔️How does eZKalibur work
⚔️Token use and economy
⚔️Roadmap
⚔️Community and useful links

Let's dive right in.

But first, do you remember this:

That sad feeling, when you invest in a token you had high expectations for and you slowly see its value decreasing after all the hype?

90% of new DEXEs fail because people like me and you can’t trust them—we know and have experienced the risk involved.

They tell you that the token is a competitive one with a high yield with potential. Then they reward you with a few tokens.

But, we all know there’s no real yield without token use and trade. Eventually, people start to sell off, which gradually destroys the token & protocol.

⚔️@zkaliburDEX intends to overcome this problem by introducing a dual-token model based on GMX's successful escrowed model, to secure the protocol's long-term viability while allowing supporters to benefit from genuine yields through protocol fees.

⚔️ How, though?

📌@zkaliburDEX is a custom-built highly efficient and functional DEX launchpad designed to support new protocols on the zkSync ecosystem with the tools necessary for their launch, liquidity creation and growth.

⚔️Goal

The goal of eZKalibur is to build a platform for other protocols by laying the groundwork for them to bootstrap their liquidity on @zksync by offering applicable yields for all liquidity providers in the ecosystem through sustainable emissions techniques & novel tokenomic

⚔️Mission

📌eZKalibur's mission aligns with that of zkSync:

“The mission of zkSync is to accelerate the mass adoption of crypto for personal sovereignty.”

📌eZKalibur is the first and most efficient ecosystem-focused and community-driven DEX and Launchpad built on zkSync

⚔️Why @zksync?

Zksync is 2 layer protocol that scales Ethereum's security and values through zero-knowledge cryptography. It’s like the knight for Defi on Ethereum.

Let’s look at 3 reasons why eZKalibur chose them:

⚔️Hyperscalability

@zksync uses zero-knowledge proof to make DApps more accessible & affordable at any scale. The use of zero-knowledge cryptography enables higher scalability (and lower gas fees), fast finality, and a high-level guarantee that the transaction has not been faked

🛡️Best security

This Ethereum-level security! zkSync’s security model doesn't rely on game theory or fraud proofs but instead is built on cryptographic and mathematical primitives that ensure the security of users, making it impossible to fraud or corrupt transactions.

⚔️Game-changing UX

@zksync provides users with the ability to construct next level experiences that abstract away seed phrases, schedule and automate payments, and pay gas costs in any token - or even pay the gas on a user's behalf.

Just take a look at this beautiful UX!

⚔️Token

eZKalibur’s protocol is powered by 2 tokens:

$SWORD and $xSWORD

Both tokens can be earned as yield rewards on the protocol.

$xSWORD represents a non-transferable escrowed token, corresponding to staked $SWORD.

These tokens play a critical role in creating...

a sustainable tokenomics strategy. And it's working.

It's looking bullish so far!

⚔️Now, let’s get into the core of Ezkalibur. LG!

📌How does eZKalibur provide liquidity?

They provide liquidity through LP farms or yield farming that provides users with the opportunity...

to earn rewards by staking LP tokens in the Yield Farms. The rewards you receive depend on the APR of the Yield Farm you're staking in.

Anyone can deposit tokens to liquidity pools to become a liquidity provider on eZKalibur and start to earn trading fees from the liquidity.

📌Note: Each farm has its own APR, depending on the value of LP tokens, and the price of $SWORD.

⚔️ eZKalibur Auto Market Maker

The AMM is the core of pool models and liquidity pools, instead of using the Oracle price, AMMs determine the prices by the algorithm.

📌This is designed in a simple, efficient, fast, cheap, and secure way to trade one ERC-20 token for another via their automated liquidity pools.

With eZKalibur, users can trade with ease, knowing that they're in control of their assets & that their transactions are protected.

📌Here’s how you can swap your tokens:
Design - @standrewsanim

📌How does @zkaliburDEX ensure there's always liquidity?

This question is one of the biggest reasons why other DEXes fail

But not eZKalibur!

📌Their strategy

Investors are incentivized with a payment of a 0.25%..

trading fee whenever someone swaps their token on eZKalibur. The fee is usually redistributed this way:

📌68% is returned to liquidity pools as a reward for liquidity providers.
📌20% in dividends redistributed to xSWORD holders
📌12% is used to buyback $SWORD

⚔️ROADMAP
The revolution has been kicked off by the wonderful team @zkaliburDEX Kudos!

📌Phase 1: Proof of concept and MVP design.
📌Phase 2 : Product development and mainstream adoption
📌Phase 3 : Expansion

⚔️COMMUNITY

This is one project whose results speak for themselves.

Earlier this month, they were one of the top ten performing launchpads on zkSync🔥

Community is a powerful tool in the highly competitive Defi community and within a short time, EzKalibur has been able to get

Active!
⚔️3k Telegram members
⚔️8.5k Discord members
⚔️8.8k Twitter followers

I’m impressed with this gathering within a short time of arrival–shows the belief people have.

EzKalibur is here to stay! And won't stop till they become the leading launchpad of entire blockchain

With all you've read, don't miss out a single thing.

Follow @zkaliburDEX
#eZKalibur #zkEVM #zkSync

Official links:
Twitter: twitter.com/zkaliburDEX
Discord: discord.com/invite/ypqHnKE…
Dcouments: docs.ezkalibur.com
Telegram: t.me/ezkalibur