ZilSwap. Price of cryptocurrency: $ 0.917527

The first DEX built on Zilliqa was launched a year ago. Permissionless trading of ZIL and ZRC-2 assets was allowed on the Zilliqa platform. There are people in this picture $ZWAP is a native governance token that transitions control of the protocol to the community. What is it about $ZWAP? There are people in this picture Stakeholders can take part in decisions governing the protocol, act improvements and drive further development of the platform with the new ZRC-2 governance token. Fueled by $ZWAP, the on-chain voting system will allow for parameters such as protocol fees to be adjusted. There are people in this picture The $ZWAP governance token will follow a program where traders and providers are rewarded with $ZWAP. Distribution of $ZWAP. There are people in this picture The distribution of the $ZWAP token will begin on February 3, 2021. There are people in this picture The first stage is retroactive distribution. There are people in this picture The stage gives token to people who have tried and tested the protocol. Users who interacted with ZilSwap prior to 18 January can retroactively claim 5% of the total token supply. 15% of the 50,000 $ZWAP token is allocated to developers as a retroactive reward and distributed in a monthly token release over a year. There are people in this picture The traders are weighted by volume. Weighted by time and $ZIL, 80% of the Liquidity providers are weighted. There are people in this picture Stage 2 is mining. There are people in this picture The key stakeholders of the protocol are still being distributed token. The remaining 85% of the $ZWAP token supply will be released as future rewards over the course of 152 weeks. There are people in this picture The developers of the protocol are 15%. According to approved pool weight and time-weighted Liquidity in $ZIL, 85% of the providers are. There are people in this picture $ZWAP token rewards will be given to users who provide liquidity to the following initial pools. There are people in this picture 20% (2x weightage). 30% (3x weightage) gZIL/ZIL. 50% (5x weightage) There are people in this picture Let's assume the first week's total rewards are $1000. $200, $300, and $500 will be received by the 3 pools. There is a claim for $ZWAP rewards. There are people in this picture The $ZWAP token can be viewed and claimed from February 3 to February 8. Simply connect your wallet to your private keys. There are people in this picture Click on "Claim rewards" if you want to. Looking to the future. There are people in this picture The release of the governance token lays the groundwork for further growth of the protocol. The platform will continue to be improved following the token release. The Zilliqa protocol will be able to read other types of smart contracts after the upgrade.