### What is zkSwap Finance?

zkSwap Finance is a decentralized exchange (DEX) and the first Swap-to-Earn DeFi Automated Market Maker (AMM) on the zkSync Era ecosystem. It features a unique incentive model that rewards both liquidity providers and traders. This project aims to provide a scalable, efficient, and user-friendly DeFi platform with lower gas fees and high throughput.

### How does zkSwap Finance work?

zkSwap Finance functions on the Ethereum blockchain using Layer 2 scaling via the zkSync Era, which deploys zkRollup technology. This method processes transactions off-chain and bundles them together, submitting a single zero-knowledge proof to the mainnet, thereby reducing gas fees and enhancing transaction speed. It employs smart contracts to manage transactions, liquidity pools, and the security of its DeFi ecosystem.

### What are the potential use cases for zkSwap Finance?

zkSwap Finance can be utilized in several DeFi contexts, including:
- Serving as a decentralized exchange for secure and cost-efficient token swaps.
- Offering a Swap-to-Earn model that incentivises liquidity provision and trading.
- Enabling efficient stablecoin trading with Curve-style 3Pool Stableswap.
- Facilitating cheap cross-chain transactions via its zkBridge functionality.
- Enhancing DeFi engagement through partnerships, like with Dmail Network for web3 communication integration.

### What is the history of zkSwap Finance?

zkSwap Finance was launched in February 2023, with a team possessing varied backgrounds in blockchain and technology. Its mission includes fostering innovation, sustainability, and transparency in the DeFi space. Significant milestones include its listing date on September 19, 2023, reaching an all-time high of $0.0895 in March 2024, and adding new features in November 2024, such as enhanced trading interfaces and concentrated liquidity pools. The project operates with a circulating supply nearing 1 billion tokens and has continued to innovate by integrating advanced Layer 2 technologies.

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