Ethereum L2 zkSync Era mainnet launched, which ecological projects are worthy of attention

This article is machine translated
Show original
Author | Maverick

Editor | Colin Wu

The day after the Arbitrum AirDrop, zkSync, another Layer 2 project dubbed the Four Heavenly Kings, officially released its V2 network zkSync Era. Although zkSync officially emphasized that the initial release of Era will not come with Token, and that it may take about a year to realize the decentralization of the network, this has not dampened users' enthusiasm for the potential AirDrop wealth effect. In the days since it was officially opened to users, there has been an influx of funds into the zkSync Era. According to Dune Analytics data, in less than three days since zkSync Era was released, more than 64,000 independent wallets and more than 12,000 ETH have been bridged from Ethereum to zkSync Era. This article will give you an inventory of the dAPPs that have been launched on the zkSync Era Mainnet so far, to help you better understand the network ecology and realize interaction.

(Data source: https://dune.com/gm365/era)

bridge

Orbiter Finance

(https://www.orbiter.finance/)

Orbiter Finance is a third-party bridge that supports zkSync network Cross-chain, and has not yet issued Token. Unlike the official bridge that does not yet support the conversion between zkSync Lite and Era, Orbiter not only supports mutual Cross-chain between Ethereum, zkSync Lite and Era, but also supports dozens of public chains such as Polygon, Arbitrum One/Nova, Loopring and zkSync Era. pass each other. When users Cross-chain, Orbiter will charge users fees including transaction and withholding Gas. However, due to the surge in traffic recently, RPC nodes are limited. Orbiter said that the current Cross-chain service of zkSync Era will be preferentially applied to Orbiter-ZK-Pilots users (that is, users who have recently used zkSync Lite for Cross-chain). will be open to all users.

DeFi

Mute.io (https://mute.io/)

Mute is the first batch of DEX platforms on the zkSync Era, and MUTE Token has been launched currently. Users can use the platform for trading, Liquidity provision, Amplifier, bonds, and DAO governance functions. Currently, Mute already supports the trading and Liquidity provision of more than ten kinds of assets including ETH , USDC, MUTE, WETH, and ZKDOGE. Through the income amplifier (Amplifier), users can also re-pledge LP Token to obtain higher income, and the Amplifier APY is mainly motivated by platform fee income, and the LP Pool with it is determined by the team and DAO.

Bonds are an innovative function of Mute, borrowing from the mechanism of OlympusDAO, users can trade MUTE/ ETH LP with Mute DAO to obtain MUTE Token at a discount; through bonds, Mute DAO can increase the Liquidity of the agreement, and increase income and Liquidity; however, the dMUTE obtained by users has a 7-day Vesting period, and can be exchanged for MUTE after the Vesting period ends. In addition, users need to lock MUTE to participate in DAO governance, and can choose a maximum Vesting period of 364 days to obtain different governance shares. At present, there are more than 180,000 MUTEs locked in Mute, the platform TVL is worth more than 270,000 US dollars, and the single-day transaction volume on March 25 exceeded 7 million US dollars.

SyncSwap (https://syncswap.xyz/)

SyncSwap is one of the first batch of DEXs on zkSync Era. Users can conduct transactions and Yield Farming on SyncSwap. It currently supports transactions of various assets such as ETH, USDC, WETH, and 15 pairs of LP Liquidity. The current SyncSwap TVL exceeds 1.6 million US dollars, mainly concentrated in the USDC/ ETH Pool, which currently provides more than 100% APR. The transaction fee on the Classic pool is 0.1%, of which Liquidity Provider capture 0.07% and the protocol charges 0.03% as revenue.

SpaceFi (https://www.spacefi.io/)

SpaceFi is a Cross-chain Web3 platform connecting the Cosmos and Ethereum Layer2 ecosystems. It has released SPACE Token and currently integrates Evmos and ZkSync networks. On zkSync Era, users can trade assets such as ETH, USDC, WETH and provide Liquidity on SpaceFi. A 0.3% transaction fee needs to be paid when using SpaceSwap for transactions. The official said that incentives will be given to users who participate in the Genesis LP pool. In addition to basic DEX functions, SpaceFi also includes multiple unreleased functions such as FARM, NFT, SpaceBase, SpaceBridge, Launchpad , etc., and said that it will run as early as March 27.

rhino.fi (https://rhino.fi/)

rhino.fi is a Multichain one-stop DeFi platform that provides order book transactions, DEX, income strategies, Liquidity provision, internal gas-free transfers, and Cross-chain functions. Users can deposit ETH to the platform through the zkSync Era network for use, and a total of 6 public chains including Arbitrum and Polygon are supported. At present, rhino.fi has launched DVF Token to participate in pledge and governance, in which the governance module covers a wide range, ranging from transaction fees, transfer fees, Liquidity rewards, etc., to upgrading smart contracts, allocating funds from the treasury, casting new DVF Token, etc. .

NFT Marketplace

Mint Square (https://mintsquare.io/)

Mint Square is an NFT trading market based on Ethereum L2 ZK Rollups, which has integrated StarkNet and zkSync Era networks. Users can upload, mint, buy, sell and auction NFTs in Mint Square. As of March 26, the top three NFT projects by total transaction volume on Mint Square are: zkApe, Mint Square Storefront, and zkSync Name Service.

NFT

zkApe (https://zkape.io/#/)

zkApes is a metaverse project built on the zkSync Era, and its NFT has been released recently. The total number of zkApes NFT series is 9,999, and a total of 8,000 are publicly minted. The minting price is 0.08 ETH(limited to 30 per wallet), among which Whitelist and Presale can be minted for free. As of March 26, nearly 3,400 zkApes NFTs have been minted.

zkApes has also established an Ecosystem Security Fund (ESF) of at least 100 ETH . When the floor price of zkApes NFT is lower than 0.08 ETH , the repurchase mechanism will be activated. At present, the floor price of zkApes NFT on Mint Squaer is 0.078 ETH, which is slightly lower than this level. According to official documents, zkApes NFT holders can obtain zkSync’s future Token as zkSync ecosystem builders, zkSync Name Service (ZNS) AirDrop, dynamic NFT (dNFT) AirDrop, DEX (ApeX) income dividends, as zkApes DeFi system ( ApesBank), zkApes arcade discounts, etc. However, zkApe has not launched the aforementioned ecosystem functions yet. In addition, in addition to the DeFi module, the team will also develop multiple metaverse-related projects such as the game Arena and PTE.

It is not difficult to see that zkApe is quite ambitious and intends to build a full ecosystem on zkSync Era, but in terms of the quality of the current NFT images, there is a long way to go.

ZK Bored Apes

(https://zkboredapes.com/)

ZKBoredApes is a community-driven ZKSync pixelated NFT project inspired by BAYC. The NFT series has a total of 10,000 pieces, a total of 150 attributes, and more than 1 million combinations. However, ZKBoredApes is not yet open for public minting. According to Mint Square data, there are currently 190 ZKBoredApes in circulation, with a floor price of 0.098 ETH. According to the official roadmap, ZKBoredApes will launch BORED Token and NFT pledge functions in the future.

domain name

zkSync Name Service

(https://zkns.domains/)

zkSync Name Service, also known as zkSync ID, is a domain name service created by Star Protocol on the zkSync network to help users build their own DID on the zkSync chain. Currently, zkSync Name Service only allows registration of domain names with a length of four digits and above. The one-year registration fee (including gas) for four-digit domain names is about 0.0571 ETH(about $102), and the one-year registration fee for five-digit domain names is 0.0043 ETH. As of March 26, more than 9,400 domain names have been registered on zkSync Name Service.

At present, zkSync Era still has many high-quality projects ready to launch on the testnet. It is foreseeable that in the near future, the ecology on the zkSync Era chain will also flourish, which will not be inferior to today's Arbitrum and Optimism.

According to the "Notice on Further Preventing and Dealing with the Risks of Virtual Currency Transaction Hype" issued by the central bank and other departments, the content of this article is only for information sharing, and does not promote or endorse any operation and investment behavior. Readers are requested to strictly abide by the laws and regulations of the region and do not participate in Any illegal financial conduct. It does not provide transaction entry, guidance, distribution channel guidance, etc. for any virtual currency, digital collection-related issuance, transaction and financing. Wu said that without permission, it is forbidden to reprint or copy the content, and those who violate it will be investigated for legal responsibility.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
15
Comments