Today's thread is on Aztec Network.
📌Not confirmed #airdrop🚀 but @aztecnetwork come with a lot of potential to reward their early users.
So, we are here to grab that early user opportunity. 📢@aztecnetwork has a single dex which is zkmoney.
@aztecnetwork is a big layer 2 ecosystem with around 7 million dollars TVL, And you can see that @zksync also use zk roll-up technology and the same technology is used by @aztecnetwork also.
🧵1/11 Overview on @aztecnetwork 🗒 ✔️The programmable privacy layer for web3 ✔️Mostly focus on Privacy. ✔️Uses Zkrollup which reduces the transaction cost 🎯Allow users to access world-class defi with maximum cost savings on #Ethereum_mainnet
🧵2/11 Fundraise 🔥 AztecNetwork has collected a total of $17 million at its initial stage for the development of the project. The #fundraising statement is for Dec 2021. The project development is done properly as the progress is analyzed. 🔗 https://www.coindesk.com/business/2021/12/16/ethereum-privacy-startup-aztec-raises-17m-in-paradigm-led-series-a/
🧵3/11 Overview on privacy provided by Zkmoney👇
Send zkETH/DAI to any Ethereum address outside of zkmoney - the wallet will receive regular ETH/DAI tokens. (Etherscan will show the funds were sent from Aztec’s contract, which doesn’t expose the sender.
See attached picture
🧵4/11 🗒 Tasks to be performed 👇✅Register an account on Zkmoney✅Deposit fund from #Ethereum mainnet✅Use dex features like earn and trade ( trade is not available now but use when it will be in the future) 🧵6/11
Creating an account on Zk.money1️⃣Click on the link below🔗 https://zk.money/2️⃣Click on the shield 3️⃣Click Retrieve aztech address4️⃣Retrieve the spending key copy it and keep it safe📌 Have to sign in to wallet multiple times during the process
🧵5/11 After clicking on the next new page will appear with registration detail👇✅Choose an alias any username you want✅Choose default speed for low fees✅Deposit minimum of 0.01 eth not less Now new page will appear with the wallet balance
🧵6/11 Now under transaction history 👇You see your transaction along with green ticks. ✔️Single tick ✅ means the transaction is not settled only confirmed on blockchain ✔️Double tick ✅✅ means transaction settled.
🧵7/8 Now perform the dex task i.e Earn (only available)1️⃣Click on the earn section2️⃣Choose any I will choose lido3️⃣ Click on earn and enter the amount & select min speed for low fees4️⃣Click next and confirm the transfer The transaction will settle within 8 to 10 hours.
🧵8/8 Wait for updates for the trade section to be ready for using. For updates regarding Zkmoney join their discord.🔗Discord link:
Join the Aztec Network Discord Server!
https://discord.com/invite/aztec
Be regular on their discord many AMAs and another role-getting opportunity will be available soon.