Monthly Community Report, October 2024
Last updated
Last updated
October has been a month of consolidation and forward-thinking for our community. With new projects underway and critical updates delivered, the platform is poised for the next phase of growth. This report covers the essential highlights, achievements, and upcoming goals that define the past month’s progress.
Unlocking major milestones with ease - SyncSwap have sponsored over 23,000 gasless transactions as of October 1st, 2024!
Zyfi featured the Dex in an article release - New Case Study with syncswap
Highlighting important questions they addressed in their write up at https://docs.zyfi.org/integration-guide/case-studies/case-study-syncswap:
Why they implemented the feature
How they integrated the different paymasters
The benefits and results of the integration
SyncSwap Educational Bounty Rewards - Following the different sections of the ZK Fest event in SyncSwap there has been an educational contest event with different tiers of reward one of which was 20 USDC each to 100 winners for display of excellence in Quiz.
Next Tier of reward is for Educational write up contest winners 10 winners each received 400 USDC for incredible creations. here’re some of the highlighted winning works:
Nicely done highlight of ETH - ezETH pool - on X by lordjox
Eisen Labs integrated syncswap Aqua Pool on Scroll_ZKP - Eisen is a Multichain DEX & CEX aggregator for Traders and Liquidity Providers
This integration improves exchange rates on Scroll_ZKP with SyncSwap’s Aqua Pool on Eisen finance.
New Round of Incentives on zkSync - SyncSwap and KelpDAO were thrilled to kick off a new round of incentives on ZKsync network
With juicy rewards of 90,000 $ZK for liquidity providers in $ETH / $wrsETH pool
You just have to stake your LP to start earning and claim rewards anytime, no locks.
What is $wrsETH and how to get them?
wrsETH is an ETH liquid restaking token by Kelp DAO KelpDAO
You can easily earn ETH restaking rewards and points with it
KelpDAO triple boosted rewards pool - Add liquidity to the $wrsETH <> $ETH pool on syncswap and earn:
⍛ 2x Kelp Miles
⍛ 1x Programmatic $EIGEN rewards
⍛ 90K $ZK incentives over 30 days
Enhance your ZKSync rewards while maintaining liquidity in DeFi.
GRVT Twitter space on how to Not Get Rekt in DeFi ft. syncswap and getclave
Offering expert breakdown into web3 security tips, liquidity issues, and interoperability challenges.
zkSync:
ZKsync’s first governance proposal was posted on @TheZKNation forum.
Introducing @ZKsyncIgnite
ZKsync Ignite will turn ZKsync Era into a liquidity hub for the Elastic Chain by streaming 300M ZK tokens over 9 months to DeFi users.
Binance integrates USDC deposit and withdrawal on zkSync era - You can swap USDC <> USDC.e on SyncSwap easily and efficiently
Deposit to the USDC-USDC.e pool on SyncSwap to earn trading fees & rewards with ONLY SINGLE USDC exposure and NO Impermanent Loss!
Might be wondering the difference in the two? USDC.e is the USDC token bridged from Ethereum via the ZKsync official bridge
While the native USDC token is issued directly by @circle
Scroll:
Following Scroll full decentralization move the TGE has been completed and Airdrops Live
You can check and claim your Scroll airdrop now https://claim.scroll.io
You can trade $SCR on SyncSwap and deposit to earn high APRs!
Explore pools https://syncswap.xyz/pools
As October came to a close, the community made significant strides in strengthening the platform and laying the groundwork for future innovations. This month has been a period of consolidation, allowing us to refine existing projects and prepare for the next wave of developments. With critical updates completed and new initiatives set in motion, the foundation for the upcoming months has been firmly established.
As always, the dedication and support from the community remain the driving force behind our progress. We are excited to continue this journey together, and we look forward to sharing more impactful milestones in the coming months. Thank you for being a part of this evolving journey.
