Author: andrew.moh, crypto KOL; Translation: Golden Finance xiaozou
Remember the lively Arbitrum season? ZkSync released the ZK token, dropping a bombshell. Let's start the game! Millionaires will be born in ZkSynce season. Let's take a look at the 7 hottest projects of ZkSync this season.
1. What is zkSync?
zkSync is an L2 scaling solution developed by Matter Labs. It aims to reduce costs, speed up transactions, and provide security on Ethereum using ZK rollup technology.
2. Token Economics
ZkSync releases its token economics. After more than a year of mainnet operation and the controversial ZK trademark dispute, ZkSync officially released their ZK token.
▸Total supply: 21 billion
▸ Airdrop amount: 17.5%
Key Dates:
▸Snapshot date: March 24, 2024
▸Application period: June 24, 2024 to January 3, 2025
Unlock Schedule:
▸ Investor and team tokens unlocked over 4 years.
▸June 2025: 3.66% of total supply will unlock, followed by a maximum of 0.82% unlocked each month until the end of June 2028.
The 17.5% airdrop is quite generous.
3. Projects that need attention
Do you have a clear plan now? After a year of anticipation, investors are eager to see the potential of this ecosystem. We have to discover the standout projects in it, and I am sure there are a lot of hidden gems waiting to be discovered.
Here are seven of my favorites.
（1）SyncSwap
SyncSwap is a decentralized exchange in the zkSync Era with features such as pool gauge, flexible fee structure, and vetoken model. SyncSwap is known for its user-friendly interface and is a very easy-to-use AMM with a leading TVL on zkSync.
（2）Maverick Protocol（MAV）
▸ Price: $0.4
▸ Market Cap: $101 million
Maverick is a platform that provides low slippage and high liquidity through dynamically distributed AMM. This mechanism gives liquidity providers greater flexibility in setting price ranges without constant monitoring and high fees.
（3）Hold Station（HOLD）
▸ Price: $3.9
▸ Market value: $20.19 million
Holdstation is a non-custodial blockchain wallet that uses account abstraction (AA) to achieve smooth interaction between L1 and L2 EVM. It provides features such as Paymaster, Social Login, and one-click transactions, aiming to bring users a Web3 experience.
（4）zkMarkets
zkMarkets is the leading NFT marketplace based on the zkSync Era zero-knowledge rollup protocol. They are an extremely high-speed NFT marketplace with many professional tools.
(5) Derivation
Derivio is a derivatives DEX on zkSync, providing spot trading, perpetual futures contracts, options, and profit-enhancing features such as investing, staking, and bonds. Derivio focuses on creating a simple user experience and diverse DeFi products for individuals and organizations.
（6）xRaise
xRaise is a zkSynk wallet tailor-made for gaming. This smart wallet puts the user at the center of design considerations, providing a seamless gaming experience. While it excels in the gaming space, xRaise can also effortlessly connect to any dApp in the zkSync ecosystem.
（7）Free
Libera is a decentralized gaming platform developed on zkSync Era. Users can discover their favorite games in a wide variety of games (both free and paid) and compete in them. Libera provides everything game developers and players need.
There are a few other potential projects on ZkSync that you can add to your watchlist:
· Weight
· Koi Finance
· Vest
· ZeroLend
· BigInt
· Clue