What is ZigZag (ZZ)?
ZigZag is a decentralized exchange (DEX) formulated on the L2 zkSync alternative.
Unlike numerous other DEXs, ZigZag employs a decentralized buy guide model, alternatively of an AMM model like Uniswap.
What is zkSync?
zkSync is a scaling alternative that employs ZK-Rollup technologies to deliver a lot quicker transactions at decrease fees. zkSync can method off-chain transactions at more than two,000 transactions per 2nd with no compromise on protection and delivers really minimal gasoline charges of just one% of gasoline charges on Ethereum. Protected by the Ethereum blockchain, zkSync will allow for simple cryptocurrency transfers involving Layer one and Layer two at any time.
ZigZag trading guidelines
Step one: Prepare an Ethereum wallet like Metamask, with a selected sum of ETH in the wallet
Step two: Access to: https://wallet.zksync.io/then connect the wallet.
Step three: Choose “Fill“
Step four: Select zkSync.
Step five: Do the following:
- Select the sort of token in the “Select the tokens“
- Enter the token amount in the “Quantity“
- Then choose “Fill”
Step six: Confirm in the Metamask pop-up window to finish the transaction.
Step seven: After transferring the tokens from Ethereum to zkSync, go to https://trade.zigzag.exchange/ and begin trading.
ZigZag items
Decentralized exchange
When employing the ZigZag exchange, end users will practical experience a pleasant interface with fundamental performance comparable to a centralized buy guide exchange, as effectively as cost charts with really economical transaction charges of just .one USD per buy.
Bridge
In addition, zkSync also gives bridge items involving Ethereum, Polygon, zkSync.
Basic details about the ZZ token
- Token identify: Zig Zag
- Ticker: ZZ
- Blockchain: zkSync
- Token regular: ERC-twenty
- To contract: 0xc91a71a1ffa3d8b22ba615ba1b9c01b2bbbf55ad
- Token sort: Government
- Total provide: one hundred,000,000 ZZ
- Circulating provide: six,378,506 ZZ
Token allocation
Token release system
Updating…
What is the ZZ token applied for?
Vote on potential venture governance suggestions.
Payment of transaction charges.
ZZ Token Storage Wallet
You can shop this token on the following wallets: MetaMask, Coin98 Wallet, Trust Wallet.
How to earn and very own ZZ tokens
Buy immediately on the supported exchange.
Where to obtain and promote ZZ tokens?
ZZ is presently trading on 3 unique exchanges with a complete each day trading volume of close to USD 125,000. Exchanges listing this token incorporate: Uniswap, MEXC Global, ZigZag.
Roadmap
3rd quarter 2022
- Boot to zkSync two.
- Start StarkNet
- Mammut StarkNet
1st quarter 2023
- Launch of Margin Trading
summary
Thanks to Zk Rollups technologies, ZigZag has formulated an exchange with less expensive transaction fees, a lot quicker transaction velocity than decentralized exchanges constructed on the Ethereum network.
However, there is presently no direct bridge that will allow to send tokens immediately from main centralized exchanges this kind of as Binance, Huobi to the zkSync network, which brings about some complications for end users when they want to use this exchange.
Through this report, you need to have by some means grasped the fundamental details about the venture to make your investment choices. Coinlive is not accountable for any of your investment choices. I want you good results and earn a good deal from this prospective industry.
