zkSWAP
  • Overview
    • Introduction
    • Protocol Overview
    • Terms & Disclaimer
    • Audit
  • Testnet Guide
    • Introduction
    • Testnet: Get Started
      • Setting up wallets
      • Current limitations
    • zkSwap Testnet Campaign
    • Acquire Testnet Ethereum
  • Tokenomics
    • Tokenomics
    • zkSWAP Dao
  • ZKSWAP Academy
    • About
  • Concentrated Liquidity
    • Weakness of V2 DEXs: Low Liquidity utilization rate
    • Solution by V3 DEXs: Concentrated Liquidity
    • Concentrated Liquidity FAQ
  • GUIDE
    • SWAP
    • Add Liquidity
    • Customizable Pool
    • FAQ
    • Contracts
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  • Participants
  • Traders
  • Liquidity Providers
  1. Overview

Protocol Overview

Meet zkSwap, the protocol inspired by Kyber Swap's concentrated liquidity and swap algorithm

Participants

Traders

  • Traders swap tokens using the liquidity pool provided by zkSwap’s liquidity providers (LPs.)

  • For token swaps, a swap trading fee(may vary depending on token pairs) is levied. The fee is distributed to LPs and the stakers who have voted.

Liquidity Providers

  • LPs deposit token pairs in liquidity pools and receive a part of the swap fee paid by traders as interest.

  • LPs may expect higher interest if they choose to provide liquidity in a concentrated price range by providing concentrated liquidity.

  • When adding liquidity to whitelisted pools, LPs may receive additional token rewards. (More info soon)

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Last updated 1 year ago