Which coins in zkSync are worth investing in? 7 projects worth paying attention to in ZK coins

What other ecological projects in zkSync are worth paying attention to? Remember the lively Arbitrum season? ZkSync released the ZK token and dropped a bombshell. Let’s start the game! Millionaires will be born in ZkSync season, let’s take a look at the 7 hottest projects in ZkSync this season. Today, the editor of this website will give you a detailed introduction to zkSync's other ecological projects worthy of attention. Friends who need it can take a look!

1. What is zkSync?

zkSync is an L2 expansion solution developed by Matter Labs. It aims to reduce costs, speed up transactions, and provide security on Ethereum using ZK rollup technology.

zkSync is an Ethereum Layer 2 expansion solution launched by Matter Labs in 2019. The founder of Matter Labs, Alex Gluchowski, was an early Plasma researcher at the Ethereum Foundation ( Plasma is a relatively entry-level expansion solution). Matter Labs was founded in 2018. zkSync has received investment from many well-known VCs such as a16z and Dragonfly.

Ethereum can currently process about 15 transactions per second (TPS). The current transaction volume is the optimal solution (impossible) made by the Ethereum network considering the degree of decentralization and security. Triangle), with the current technology, it is impossible to increase the transaction volume per second under the same conditions in the short term, so some people have proposed a design of processing and executing transactions on the second layer (Layer 2), using Ethereum as the settlement and security protection layer. It is also more in line with the current settlement structure of the financial system. The central bank does not record or execute the transactions of each bank to users, but each bank handles it on its own. The central bank is only responsible for the final settlement, so currently Layer 2 solutions are also being considered. Operation is the solution for Ethereum to face large-scale user use.

The current mainstream Layer 2 solutions mainly include Optimism and ZK (Zero-Knowledge, also known as zero-knowledge proof), and the lowercase zk before zkSync means that they are Layer 2 solutions that use zero-knowledge proof. , Vitalik Buterin, the founder of Ethereum, mentioned in his blog his views on the development of these two technologies:

My own point of view is that in the short term, Optimism Rollup may win in general EVM calculations. ZK Rollup may win in simple payment, exchange and other specific application cases, but in the medium to long term, as ZK-SNARK technology improves, ZK Rollup will win in all cases.

2. Token Economics

ZkSync released its token economics. After more than a year of mainnet operation and the controversial ZK trademark dispute, ZkSync officially released their ZK token.

▸Total supply: 21 billion

▸Airdrop volume: 17.5%

Key date:

▸Snapshot date: March 24, 2024

▸Application date: June 24, 2024 to January 3, 2025

Unlocking schedule:

▸Investor and team tokens within 4 years Unlocked.

▸June 2025: 3.66% of the total supply will be unlocked, with a maximum of 0.82% unlocked each month thereafter until the end of June 2028.

The airdrop amount of 17.5% is quite generous.

3. Projects that need attention

Do you have a clear plan now? After a year of anticipation, investors are eager to see the potential of this ecosystem. We got to discover standout items among them and I'm sure there are many hidden gems just waiting to be discovered.

The following are the 7 projects I am most optimistic about.

(1) SyncSwap

SyncSwap is a decentralized exchange of zkSync Era with features such as pool gauge, flexible fee structure and vetoken model. Known for its user-friendly interface, SyncSwap is a very easy-to-use AMM with a TVL that leads zkSync.

(2) Maverick Protocol (MAV)

▸Price: 0.4 USD

▸Market value: 101 million USD

Maverick is a platform that provides low slippage and high liquidity through dynamically distributed AMM. This mechanism gives liquidity providers greater flexibility in setting price ranges without the need for constant monitoring and without high fees.

(3) Holdstation (HOLD)

▸Price: 3.9 USD

▸Market value: 20.19 million USD

Holdstation is a non-custodial blockchain wallet that uses Account Abstraction (AA) to enable smooth interaction of L1 and L2 EVMs. It provides features such as Paymaster, Social Login and one-click transactions, aiming to bring users the best Web3 experience.

(4)zkMarkets

zkMarkets is the leading NFT market based on the zkSync Era zero-knowledge rollup protocol. They are an extremely high-speed NFT marketplace with many professional tools.

(5) Derivio

Derivio is a derivatives DEX on zkSync, providing spot trading, perpetual futures contracts, options as well as investments, pledges and bonds and other profit-enhancing features. Derivio focuses on creating simple user experiences and diverse DeFi products for individuals and organizations.

(6) xRaise

xRaise is a zkSynk wallet tailored for games. This smart wallet puts the user at the center of design considerations, providing a seamless gaming experience. While it excels in the gaming space, xRaise can also effortlessly connect to any dApp in the zkSync ecosystem.

(7) Libera

Libera is a decentralized gaming platform developed based on zkSync Era. Users can discover their favorite games and compete in-game across a wide variety of games, both free and premium. Libera provides everything game developers and players need.

There are some other potential projects on ZkSync that you can add to your watchlist:

·Tevaera

·Koi Finance

·Vest

·ZeroLend

·BigInt

·Clave

The above is the detailed content of Which coins in zkSync are worth investing in? 7 projects worth paying attention to in ZK coins. For more information, please follow other related articles on the PHP Chinese website!