72 Hours left until the 40 Million ZKS Airdrop, the liquidity on Uniswap is temporarily removed.

ZKBase
2 min readFeb 5, 2021

ZKS will complete 4 snapshots for airdrop in the next 72 hours, before the first snapshot, the ZKS/USDT liquidity pool on Uniswap will be temporarily removed and will be re-added in 48 hours after the airdrop complete.

After this airdrop, the circulation of ZKS will be increased from 40 million to 80 million. In order to avoid drastic changes in prices, when Uniswap liquidity is added again, If the token price is higher than 50% of the price when the liquidity is removed, then the liquidity will be added according to the market price; if the token price is lower than 50% of the price when the liquidity is removed, then the liquidity will be added with a price of 50% of the price when removed.

The ZKSwap team hopes that other community members who provide liquidity on Uniswap can also temporarily remove liquidity and add liquidity again after the airdrop ends.

After airdrop is completed,the ZKSwap mainnet will be ready to go live and a series of liquidity mining and transaction mining will be launched.

ZKSwap is a layer2 dex based on ZK-Rollups technology and using the AMM model.

You can find us here🥰:

ZKSwap Official Website: https://zks.org/en

ZKSwap APP: https://zkswap.app

ZKSwap Twitter: https://twitter.com/ZKSwapOfficial

ZKSwap Official Telegram group: https://t.me/zkswapofficial

ZKSwap Medium Publication: https://medium.com/zkswap

ZKSwap Discord: https://discord.gg/ZRxS8fYTDv

ZKSwap Github page: https://github.com/l2labs

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ZKBase

ZKBase (https://zks.org) is an all-in-one layer2 platform, featuring ZKSwap-DEX, ZKSea-NFT, ZKSquare-payment and ZNS-DID.