Monthly Community Report, November 2024
Last updated
Last updated
As we close out another eventful month, we’re thrilled to bring you the latest highlights from November. There have been significant strides in both community engagement and project development, reflecting our commitment to creating a vibrant and forward-thinking protocol. Whether it's through new partnerships, feature rollouts, or exciting initiatives driven by your feedbacks, the momentum is undeniable.
Let’s dive into the key milestones, updates, and what lies ahead as we continue to build together.
Launch of new incentive for ETH - wrsETH pool on zkSync - The ETH-wrsETH pool was boosted with 90,000 $ZK rewards for the month to increase LP return, this boost saw APR increase upto 34%. Available rewards in this pool include:
Boosted ZK Rewards
Trading Fees
ETH Restaking APR
Kelp Miles Points (for future KelpDAO airdrops)
EigenLayer Points (for future EigenLayer airdrops)
New gasless transactions milestone - 50,000 gasless transactions for our community!
Enjoy seamless swaps and liquidity operations without any gas fees, thanks to our partnership with ZyfiHQ. Let’s keep DeFi efficient and user-friendly!
TVL Milestone for Zuit - Zuit has reached an impressive record of $1,950,000 in TVL, providing deep liquidity to swap on Circuit Mainnet. Zuit is the decentralized exchange DEX and native liquidity hub DeFi on Zircuit backed by SyncSwap Labs.
Specific Pools performance Highlights -
ezETH/WETH pool on Linea is on fire! with achieved record high of 40% APR and auto compounding
ZK/USDC.e pool on zkSync made record high of 21% APR within the month.
wrsETH - ETH - The new round of $ZK incentives for wrsETH - ETH pool is galloping and a new Kelp theme is now available on SyncSwap
Join the pool to earn ZK rewards, fees, restaking APR and points Current APR is above 13% with no impermanent loss risks.
Explore pools http://syncswap.xyz/pools
Linea Dapp Ecosystem Q3 2024 Report from Linea Insights - DeFi on Linea is thriving with impressive user engagement! and SyncSwap made the top5 dApps by average Unique Active Wallets this quarter.
Gas-free transactions for zkVeggies holders - zkVeggies holders can now enjoy gas-free transactions on Syncswap To access it, simply connect your wallet holding a zkVeggies to Syncswap and enjoy
Thanks to our partnership with txSync. NFT holders can now enjoy gas-free swaps on SyncSwap! with the latest integration being for zkVeggies holders.
Experience seamless, gas-free trading now!
zkSync
Voting Results: TPP-001 - [TPP-001] ZKsync Ignite Program has PASSED with a majority of 1.25B ZK in-favor of the proposal. The ignite program launches on 6th January!
ZIP-002 Submitted Onchain - [ZIP-002] Reduce the execution delay from 21 hours to 3 hours was submitted onchain.
ZIP-002 aims to enhance transaction finality while maintaining security through the oversight of the newly established Security Council. Read more about the proposal below.
November has been a testament to what we can achieve when innovation meets collaboration. From the strides we've made this month to the plans shaping up for the near future, your participation remains at the heart of our progress.
Together, we’re not just building a platform—we’re crafting a movement. Thank you for being an integral part of the journey. Stay tuned for more exciting updates.❤️