Saddle up let's take a ride to the Kingdom ππΎ
Here's everything you'll learn
π What is #eZKalibur DEX
π Mission
π Why choose #zkSync
π Features of #eZKalibur DEX
π $SWORD Token
π $xSWORD Token
π $SWORD Tokenomics
π Partnerships
π Ambassador program
π Links to Social media and Docs.
Swapping tokens on #eZKalibur DEX is the simplest type of trading.
And ezkalibur AMM is designed to allow for efficient, fast and secure trading of one ERC token for another.
π Liquidity
You can earn rewards by staking (LP) Liquidity provider tokens in the yield farms.
The rewards you receive depends on the APR of the yield farm you're staking in.
π Launchpad
@zkaliburDEX aims to become the leading DEX on #zkSync and the lead launchpad on the entire chain.
#eZKalibur DEX will be launching promising projects and help them grow...
So as an #eZKalibur DEX user you have access to promising projects Launching on #zkSync
Now let's unveil #eZKalibur's secret weapon, the $SWORD...
π $SWORD Token
$SWORD is #eZKalibur's native token and is earned as yield rewards on various yield farms on the protocol.
#eZKalibur also has deflationary mechanism set up to reduce total supply overtime...
Which will increase $SWORD's value
So holding is good idea π‘
π $xSWORD Token
This is the escrow token for #eZKalibur DEX and it's a non transferrable token corresponding to staked $SWORD.
Farming rewards are distributed in $xSWORD/$SWORD in an 80%/20% ratio...
And staking $xSWORD for a minimum of 15 days will allow you to redeem $SWORD.
Note that staking below 90 days will reduce redeem ratio to 0.5:1 (50% $SWORD output) and staking above 90 dayswill bring your redeem ratio to 1:1 (100% $SWORD output)