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)