Thread by @the4thnaijakage

🚨🚨
After 8,000 years of searching, web3 chads have discovered @zkaliburDEX, the legendary DEX believed to hold ultimate power🔥
Whoever wields its $SWORD becomes near invincible. However, those who see it and fade it, will be corrupted and destroyed by an all-consuming FOMO.☠️

Sounds like Cap 🧢?
Might just be🤷‍♀️

But you’d hate yourself if you missed out ❌

Shall we🧵?

You may not have heard of @zkaliburDEX yet but By now I’m sure you know about or at least have heard of @zksync because everyone in the space can’t seem to shut up about it.🎤
But what exactly is it and what’s with all the hype? 🤔

⏺️WHAT IS ZKSYNC?
Zksync is a Layer 2 scaling solution for Ethereum that uses zero-knowledge (ZK) proofs to ensure fast and secure transactions. With Zksync, users can conduct transactions quickly and efficiently, without having to worry about high gas fees or network congestion.

The major pros of this ecosystem are its
⏩ High Scalability
🔐 Security

⏩HIGH SCALABILITY
zksync uses a zk rollup scaling solution that utilizes the validity proof of a transaction using a simple mathematical process and not necessarily the entirety of the transaction data⚙️
The result? Faster Transactions with Lower Gas Fees✅

🔐SECURITY
the zksync ecosystem also inherits Ethereum-level security. It broadcasts its cryptographic proofs along with the information required to authenticate and reconstruct all transactions on Ethereum (L1)🔐

This means you can prove transactions with the info provided✅

@zkaliburDEX has seen these potentials👀 much before anyone else and by aims to increase the benefits for both developers and investors by the literal loads of utility its launchpad and DEX has to offer.👑

In this thread, I’ll go over:
📊Overview
💱DEX
🚀Launchpad
📌Staking
🔍Tokenomics
💵Yield farming
🔻Deflationary Mechanisms
⚖️Sustainable Emissions
💰Dividends
🚗Roadmap
🔗How to bridge
ℹ️Token launch info
🧑‍💻Website
🫱🏻‍🫲🏿Partnerships
📲Socials

📊OVERVIEW
Zkalibur is the first ecosystem-focused and community-driven DEX built on zkSync. Its mission is to accelerate the mass adoption of crypto for personal sovereignty.

They aim to become the main native #zkSync
DEX & Launchpad by providing the ecosystem with real value.

💱DEX
A major goal of @zkaliburDEX is to become the leading DEX on Zksync👑.
Its easy-to-use interface allows it to achieve just that. With its dashboard, users can:

- Manage their xSWORD position📊
- Stake xSWORD to earn Dividends📌
- Redeem SWORD by vesting xSWORD✅

🚀LAUNCHPAD
@zkaliburDEX is not just aiming to become the leading DEX on zkSync, it wants also to become one of the leader launchpads of the entire chain, launching the most promising protocols and helping them in growing and becoming the leading protocols of this blockchain.👑

📌STAKING
Minimum duration - 15 days (50% SWORD as output - ratio 0.5:1)📝
Maximum duration - 3 months (100% SWORD as output - ratio 1:1)📝

This will help to contain any short term selling pressure as most emissions will require a vesting period to become liquid✅

🔍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.💵

Name: SWORD
Ticker: $SWORD
Chain: zkSync
Max supply: 10.000.000 SWORD (theoretical)

💵YIELD FARMING
Anyone can deposit tokens to liquidity pools to become a liquidity provider on eZKalibur and start to earn trading fees from the liquidity.✅
Each farm has its own APR, depending on the value of LP tokens, and price of $SWORD.🔥

🔻DEFLATIONARY MECHANISMS
This occurs in two forms:
1️⃣Buy back and burn- A share (12%) of the Protocol Earnings will be used to buy back and burn $SWORD, also 1% Raised Funds from each Launchpad launch will be used to buy back and burn.🔥

2️⃣ xSWORD redeems- When a user decided to redeem $SWORD by staking $xSWORD, there is a redeem ratio based on the staking period.
If a user decides to stake his $xSWORD for less than 90 days, he will receive a lower rate than 1:1.
All excess sword would be automatically burned.🔥

⚖️SUSTAINABLE EMISSIONS
@zkaliburDEX aims to achieve this by implementing a dual-token model, which comes from GMX’s successful escrowed-model, aimed at ensuring the long-term success of the protocol while allowing supporters to benefit from real yields through protocol fees.✅

💰DIVIDEND
20% of total protocol earnings will be allocated for dividends to those who allocate $xSWORD in the dividend feature.
The distribution of accrued dividend tokens will take place over the course of the determined epoch (1 week). You don’t need to wait till the weekend👍

🚗ROADMAP
The project will be structured according to its roadmap here👇

🔗HOW TO BRIDGE TO ZKSYNC
Here are the steps to bridge so you can position yourself for launch🚀
👇

ℹ️TOKEN LAUNCH INFO
At the moment, a definite launch date is not announced but is expected to be in April✅
👇

🧑‍💻WEBSITE
The website and DEX frontend have been completed 🎉
Have a look👇

ezkalibur.com

🫱🏻‍🫲🏿PARTNERSHIPS
The team has made partnerships with the following on twitter🐦
@zksync_insider_
@zkSync_Space
@ChadCaff (ambassador)

📲SOCIALS
Discord-discord.gg/ezkalibur
Docs- docs.ezkalibur.com
Telegram- t.me/ezkalibur
Twitter- twitter.com/zkaliburDEX
Crew3- zealy.io/c/ezkalibur/qu… (there’s an ongoing Zealy quest you can join✅)

If you found this informative, I’d need some engagement on it so it reaches others
A retweet, follow and like would be phenomenal 🫶

#zkEVM #eZKalibur
@Bellickkruz @Smilessmileyy Please put me through on how to write better threads so I can win contests too🙇🏻🙇🏻