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SyncSwap is a decentralized exchange (DEX) built on ZKSync.
Now you can also use it on Scroll, Linea and Taiko. But if you start to use it on ZKSync you will not want to move to different L2. Low transaction fees can be simply free if you hold iconic ZK NFTs like HUE or MoodyMights. As well fees are zero right now for all, thanks to Zyfi paymaster solutions.
It's not a topic of SyncSwap introduction but the team mentioned they are going to have own token. So why not to have some extra bonuses if you are choosing your DEX.
Moreover if you occasionally have tokens of ZK Ecosystem projects highly likely you will stake them at SyncSwap like Trala holders do.
Let's have a look at Aqua Pool, the key product of SyncSwap.
Aqua Pool is a unique liquidity pool that brings high level of efficiency and flexibility to customers, it allows to concentrate liquidity within specific price ranges. That means the liquidity is in the most needed area and that rewards provider of liquidity higher.
The main feature of the pool is its automatic rebalancing. It helps to control risks and saves time to touch the grass.
As well Aqua Pool is correcting trading fees based on market conditions. That means not only trader but you will get more rewards on Bull market we are long waiting for.
I am pretty sure that this product is a golden standart on the market. Do not miss it if you are going to dive in #DeFi.
And do not miss opportunities of ZKSync. Do you like it or not but ZK is the endgame.