SyncSwap Overview
- What is SyncSwap?
SyncSwap is a decentralized exchange (DEX) delivering user-friendly and cost-effective decentralized finance (DeFi) while maintaining security similar to Ethereum's mainnet. It offers full security, reduced gas fees, and efficient trades through an advanced multi-pool system. Users can seamlessly trade, provide liquidity, bridge, and earn incentives.
- Main Features
- Future proof platformEfficient and fast tradingIncentivized participationDesigned to be owned by the communityPermissionless
- Blockchains
- ZkSync Era, Linea, Scroll
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Frequently asked questions
Yes, the SyncSwap protocol is fully open-source, allowing developers to integrate and build upon its features within the zkSync Era network.
The SYNC token is the native token of the SyncSwap platform. It serves as a governance token that holders can use to participate in platform governance by voting on proposals that shape the future of SyncSwap. Users can stake SYNC tokens to earn rewards and support the platform's security. SYNC tokens may be used for future platform fees, such as swap fees or withdrawal fees.
SyncSwap leverages the security of the Ethereum blockchain and zkSync 2.0. However, it's important to remember that no platform is immune to security risks. It's crucial to always follow best practices for securing your crypto assets, such as using strong passwords and keeping your wallet software updated.
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