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Project Features
Zenswap Network will be simple, practical, and on-chain decentralized liquidity solution for cryptocurrencies and digital assets with a seamless swap transaction in a secured and immutable blockchain platforms like Ethereum. The project will initially focus on the development of the platform for swapping Ethereum-based tokens. It will continue development to accommodate more cryptocurrency and digital assets (from different blockchain platform, e.g. EOS-based QTUM-based, NEO-based tokens and digital assets) using cross-chain and relay protocols.
The Zenswap Network will be implementing a dual token system. These tokens are:
Zenswap Network Token (Symbol: ZNT Decimal: 18) is an ERC20 utility token that will be used to avail discount subscription for swap transactions fee and premium access to value-added services.
Zenswap Liquidity Token (Symbol: ZLT Decimal: 18) is a dapp utility token that will intermediate and bridges the exchange of value between blockchains' digital assets or tokens.
Token Status and Distribution
The 25% of ZNT supply were distributed through various early supporter campaign and airdrops. The other 50% of ZNT supply will be distributed as a reward for ZLT contributors. The other 10% goes to marketing and development. The other 10% of ZNT supply is for the team and the remaining 5% is held by the foundation. Most of the team tokens and foundation are locked for 20-24 months. Total circulating supply will be updated quarterly and will be published on Medium channel.
Useful Links
Website : https://www.zenswapnetwork.info
Whitepaper : https://drive.google.com/file/d/1sNaiMxa87ra4-QQv5uFBo0etDnSDj6Y6/view
Contract address：0x4fa000df40c06fc8c7d9179661535846b7cd4f87
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