Monthly Community Report, May 2023
Last updated
Last updated
Collaboration with HoldStation
SyncSwap has forged a strategic partnership with HoldStation to elevate your trading experience to new heights. Discover more about this exciting collaboration here: HoldStation Partnership
Security Review Completion by Zellic
We've successfully completed a comprehensive security review of SyncSwap's future-proofing multi-pool design by Zellic. This audit has solidified our commitment to the safety of the SyncSwap protocol. Explore the audit report here: Security Audit Report.
Zellic (zellic.io) is a leading smart contract auditor with an impressive track record, having audited renowned teams and projects such as Aptos, LayerZero, Solana, Jump, Wormhole, Yuga Labs, and Wintermute.
zkVegies NFT Giveaway
As part of our partnership, we hosted a generous NFT giveaway from the Veggies collection to our community. Additionally, we distributed 9zkSeeds NFTs to three lucky winners.
SyncSwap x Symbiosis
With the integration of Symbiosis, a seamless cross-chain experience awaits you. Symbiosis is a cross-chain engine and liquidity protocol that aggregates decentralized exchange liquidity across various EVM and non-EVM networks. You can swap any token and transfer liquidity across these networks. Give it a try: Symbiosis Cross-Chain Experience.
SyncSwap x AutoDCA
We are thrilled to announce our partnership with AutoDCA, the first DCA protocol on zkSync Era. Together, we aim to make DeFi on zkSync the best place in the crypto space. AutoDCA introduces automatic trustless DCA strategies, providing a decentralized means of building long-term wealth. Get started here: AutoDCA.
Completion of the Genesis Epoch of the Loyalty Reward Program
We're delighted to share the successful conclusion of the Genesis Epoch of the SyncSwap Loyalty Reward Program. More than 300,000 dedicated participants took part, resulting in the minting of over 1.18 million ySYNC tokens. Furthermore, 900,000 veSYNC rewards will be distributed based on ySYNC holdings. Stay tuned for the claim process, which will commence after the TGE of the $SYNC token. Minting of ySYNC has temporarily paused, and a detailed analysis of Epoch 1 will be provided soon.
Commencement of Rhino.fi's Governance Proposal
Rhino.fi is expanding its presence into the multichain ecosystem and zkSync. This proposal involves transferring a portion of protocol-owned DVF liquidity from Ethereum L1 to SyncSwap. Rhino.fi is a leading multichain DeFi aggregator, offering a self-custodial Layer 2 wallet built on Starkware technology. Learn more: Rhino.fi Governance Proposal.
SyncSwap x Bungee
We're pleased to announce our partnership with Bungee! Find out more here: SyncSwap x Bungee.
SyncSwap x xyfinance x zkSync
An exciting Cross-Chain Trading Game was hosted by XY Finance, where users stood the chance to share a $2,000 prize pool and exclusive Galxe NFT rewards. Explore the game: Cross-Chain Trading Game.
Deployment of $SIS Token in zkSync Era and SyncSwap
Symbiosis's $SIS token is now available on zkSync and SyncSwap. You can swap, stake, and farm $SIS tokens with lightning-fast speed, ultra-low fees, enhanced scalability, and security. Discover more: SIS Token Deployment.
Open Sourcing SyncSwap Contract
SyncSwap's smart contracts are now open-sourced and available for review on GitHub. Explore the code here: SyncSwap Contract on GitHub.
SyncSwap x Rubic
During this campaign period users enjoyed a 100% gas refund when swapping on zkSync Era using SyncSwap on Rubic, while equally seizing the opportunity to earn exclusive NFTs on Galxe.
Get the details: Rubic Partnership.
SyncSwap x Galxe
We hosted an official campaign on Galxe to celebrate zkSync Season, rewarding participants with exclusive NFTs.
SyncSwap x QuestN
We are delighted to announce our partnership with QuestN, allowing you to explore Pandora's World in zkSync Era. Begin your adventure here: QuestN Exploration.
Deployment of USDT Liquidity on zkSync Era
USDT liquidity is now available on SyncSwap, enabling seamless trading. The USDT token is bridged with zkSync Era's official bridge, ensuring complete Ethereum security. This bridging capability is facilitated through SyncSwap MOVE bridging service.
SyncSwap x 4EVERLAND
In collaboration with 4EVERLAND, we gave away 30 First Sowing NFTs WL to celebrate our partnership and zkSync Season. Join us to access the internal testing of the 4EVERLAND template feature and gain extensive benefits in the First Sowing event: 4EVERLAND Partnership.
SyncSwap x Rollup Finance
We are thrilled to announce our partnership with Rollup.Finance, a decentralized perpetual exchange on zkSync. Together, we'll pave the way for innovative solutions. Stay tuned for more exciting updates: Rollup.Finance Partnership.
Achieved $1 Billion in Total Volume
SyncSwap is proud to have reached the milestone of $1 billion in total volume within just two months of its launch on the Era Mainnet. Thanks to our amazing community, SyncSwap has become the leading zkSync DEX in terms of TVL, user base, and volume. To celebrate, we organized a $1,000 prize pool giveaway for our users.