ZKSwap Weekly Dev & Operations Update, April 19–23

ZKBase
3 min readApr 27, 2021

Core and Underlying Code Updates

Development on Smart Contracts

● Development for V2 Alpha version is complete and under testing;

● Gas consumption bug for token withdrawal has been fixed;

Development on Circuit

● Unlimited token listing circuit development is in progress;

Service Layer

● Deployed ZKSwap under OKEx Chain (Test) test environment;

● Content Management System added blog revision function.

Fundamental Product and Development Kit Upgrade

Website App

● Continuing to debug compatibility issues with Trust Wallet, Coinbase Wallet, and MathWallet;

● Completed the development and testing of the third phrase POL campaign;

● In the progress of designing for token listing V2 version;

● The new official website is under development;

iOS App

● Released beta version 0.1.2, and started the second round of small-scale testing;

● Added a new search box on the transaction page to support lowercase searching;

● Added real-time price data;

● Optimized the overall UI, adapted to the page display for different models, and modified text descriptions;

● Download the app here;

Android App

● Released beta version 0.1.2, and started the second round of small-scale testing;

● Download the app here.

Partnership

● ZKSwap announced the partnership with Bytom blockchain to jointly promote cooperation on token liquidity, assets awareness, and the ecosystem. mBTM-related trading pairs are available on ZKSwap, with initial liquidity added;

● Sponsor of ETH global and release Layer-2 related propositions;

● Propose topics as the sponsor of Open Defi Hackathon;

● Continue to get access from top-tier wallets to ZKSwap layer2;

● Reached the cooperation with OKEx to deploy ZKSwap on OKEx Chain;

● ZKSwap data is available on L2beat;

● ZKS is available on Coingecko.

Product Operational Data:

ZKSwap Total Value Locked peaked at $1.8 billion during the campaign and the TVL remained above $1.4 billion; liquidity has remained above $800 million with $1.5bn in total transactions, with hourly volume topping over $7.5m, an all-time high of the month;

Approximately 9k users have accessed zks.app in the last 7 days, with 5.3k new visitors;

ZKSwap ranked #1 L2 project in the L2beat list with over 74% staking share.

April Milestones

Android and IOS App Beta Testing for Public

Goal: ZKSwap will launch a beta testing version and will release iteration every one or two weeks.

Progress: Released beta version 0.1.2, and started the second round of small-scale testing

gZKS governance policy

Goal: Will release gZKS governance policy and governance page in April;

Progress: The governance plan has been confirmed. gZKS will be issued this week and the governance page will be launched with governance rules together.

V2 Unlimited Token Listing

Goal: Complete V2 token listing development and will submit codes to the professional auditing team;

Progress: Smart contracts development has been completed for testing. The circuit is still under development. The functional development of the circuit part is expected to be completed in April for system testing.

NFT Design and Cooperation

Goal: 1 or 2 art institutions will be selected to match the NFT design proposal by the end of April.

Progress: ZKSwap team has initially selected a well-known NFT design company for cooperation, the team is in close communication with the art institution and will refine the cooperation plan. In addition, due to the large volume of 1993 paintings, we will continue to work with new partners for NFT design.

ZKSwap is a layer2 dex based on the ZK-Rollup technology and using the AMM model. And You can find us here🥰:

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

ZKSwap APP: https://zkswap.app

ZKSwap Forum:https://forum.zks.org

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

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

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

ZKSwap Medium: https://zkswapofficial.medium.com

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

ZKSwap Reddit: https://www.reddit.com/r/ZKSwap_Official

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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.