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In an exciting development for the digital asset ecosystem, zkLink is proud to announce the launch of its Liquidity Alliance Program. The initiative aims to significantly enhance the trading experience within the zkLink ecosystem by encouraging market makers to provide liquidity and promote trading activities among users.
The Liquidity Alliance Program is meticulously designed to pair market makers with our eligible decentralized applications (dApps) within our ecosystem, offering highly tailored liquidity solutions upon request. This move is aimed at attracting market makers into zkLink dApps, ensuring seamless on-chain liquidity provisioning.
Rewards will be distributed regularly to liquidity providers and traders as an ongoing incentive to participate in the zkLink ecosystem. zkLink is committed to providing additional incentives over and above the existing rewards in our ecosystem projects. This program is not just a collaboration but a stepping stone towards creating a more dynamic and user-friendly trading environment for everyone in zkLink.
To maintain a consistent incentive, rewards will be distributed regularly to both liquidity providers and traders. A significant allocation $ZKL tokens has been earmarked for this program.
A significant number of $ZKL tokens will be proportionally distributed to qualifying market makers.
The distribution will be based on criteria such as maker volume, depths, and spreads, with specific rules to be announced later.
An additional amount of $ZKL tokens are allocated to incentivize trading activities for both retail and market makers on the zkLink platform.
Phase I will run from Q4 2023 to late Q1 2024, where market makers will be invited to participate in this incentive. The primary goal of Phase I is to bolster liquidity provision and trading within the zkLink ecosystem. Market makers are invited to contribute liquidity to various ecosystem dApps, to elevate the overall trading experience and attract a broader user base.
At time of writing, zkLink is excited to collaborate with key industry players, including Skynet, Asymmetries, EF, Keyrock, Wintermute, Selini, and Flowdesk. These partnerships are not only a testament to the program’s robustness but also offer co-marketing opportunities, ensuring mutual growth and exposure.
Phase II for zkLink would further expand the program with more market makers that are aligned with zkLink’s mission and vision of expanding the ecosystem’s liquidity. During this period, we expect an influx of dApps and more users into the ecosystem. Applications for market makers seeking to enter the Liquidity Alliance Program will transition from invite-only to open applications.
To uphold the integrity of trading on the platform, zkLink will implement sophisticated algorithms and mechanisms to prevent wash trading and ensure that the liquidity provided is both effective and ethical.
The zkLink Liquidity Alliance Program marks a significant milestone in our journey towards creating a more inclusive and efficient digital asset ecosystem. By fostering collaborations and incentivizing market participation, zkLink is steadfast in its commitment to enhancing the trading experience for all users.
zkLink is building the first multi-rollup Layer 3 to solve liquidity fragmentation on Ethereum L2 rollups. The Layer 3 gives developers the best for less, making difficult multi-chain dApp deployments as easy as APIs. Powered by ZK technology, zkLink offers developers robust security, high customizability, and & limitless liquidity.
For more information, about zkLink and their community, visit:** Website | Twitter | Discord | Telegram | Blog | Whitepaper**
In an exciting development for the digital asset ecosystem, zkLink is proud to announce the launch of its Liquidity Alliance Program. The initiative aims to significantly enhance the trading experience within the zkLink ecosystem by encouraging market makers to provide liquidity and promote trading activities among users.
The Liquidity Alliance Program is meticulously designed to pair market makers with our eligible decentralized applications (dApps) within our ecosystem, offering highly tailored liquidity solutions upon request. This move is aimed at attracting market makers into zkLink dApps, ensuring seamless on-chain liquidity provisioning.
Rewards will be distributed regularly to liquidity providers and traders as an ongoing incentive to participate in the zkLink ecosystem. zkLink is committed to providing additional incentives over and above the existing rewards in our ecosystem projects. This program is not just a collaboration but a stepping stone towards creating a more dynamic and user-friendly trading environment for everyone in zkLink.
To maintain a consistent incentive, rewards will be distributed regularly to both liquidity providers and traders. A significant allocation $ZKL tokens has been earmarked for this program.
A significant number of $ZKL tokens will be proportionally distributed to qualifying market makers.
The distribution will be based on criteria such as maker volume, depths, and spreads, with specific rules to be announced later.
An additional amount of $ZKL tokens are allocated to incentivize trading activities for both retail and market makers on the zkLink platform.
Phase I will run from Q4 2023 to late Q1 2024, where market makers will be invited to participate in this incentive. The primary goal of Phase I is to bolster liquidity provision and trading within the zkLink ecosystem. Market makers are invited to contribute liquidity to various ecosystem dApps, to elevate the overall trading experience and attract a broader user base.
At time of writing, zkLink is excited to collaborate with key industry players, including Skynet, Asymmetries, EF, Keyrock, Wintermute, Selini, and Flowdesk. These partnerships are not only a testament to the program’s robustness but also offer co-marketing opportunities, ensuring mutual growth and exposure.
Phase II for zkLink would further expand the program with more market makers that are aligned with zkLink’s mission and vision of expanding the ecosystem’s liquidity. During this period, we expect an influx of dApps and more users into the ecosystem. Applications for market makers seeking to enter the Liquidity Alliance Program will transition from invite-only to open applications.
To uphold the integrity of trading on the platform, zkLink will implement sophisticated algorithms and mechanisms to prevent wash trading and ensure that the liquidity provided is both effective and ethical.
The zkLink Liquidity Alliance Program marks a significant milestone in our journey towards creating a more inclusive and efficient digital asset ecosystem. By fostering collaborations and incentivizing market participation, zkLink is steadfast in its commitment to enhancing the trading experience for all users.
zkLink is building the first multi-rollup Layer 3 to solve liquidity fragmentation on Ethereum L2 rollups. The Layer 3 gives developers the best for less, making difficult multi-chain dApp deployments as easy as APIs. Powered by ZK technology, zkLink offers developers robust security, high customizability, and & limitless liquidity.
For more information, about zkLink and their community, visit:** Website | Twitter | Discord | Telegram | Blog | Whitepaper**
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