Mute zkRoll-up DeFi Platform Review
Automated market maker (AMM) exchange, farming platform, and bond platform
Fundamentally, Mute is a DeFi platform that provides a liquidity nexus for all protocols developed on zkSync. In particular, Mute’s primary application, the Mute Switch, functions as an AMM DEX with limit orders, a yield farming platform, and a bond platform. Mute offers a way for protocols on zkSync to effectively encourage liquidity for their specific applications.
Mute Switch
The Mute Switch is a zkRollup-based DeFi platform constructed on zkSync v2. Engage in investments and trading, generate returns, and partake in Bonds within a single decentralized, community-oriented platform. Enjoy the safety of Ethereum without the burden of excessive gas fees.
Features include:
+AMM based DEX w/ Limit orders
+Stable and Normal AMM curve pools
+Variable LP fees: Stable (0.01%-2%), Normal (0.01%-10%)
+Fixed and Dynamic Protocol fees0% LP minting fee1-3s settlements
+95%+ gas cost savings compared to L1 ETH
+Yield Generation Platform Bond Offerings
+DAO
Mute Wallet
Mute Switch is a Layer 2 Dex based on zk-Rollup technology. You first need to deposit assets from your Layer 1 ETH wallet to your Layer 2 zkSync wallet to experience gas-free and real-time token transfers and swaps. With the wallet, you can have total control over your assets through private keys, your assets will be stored safely inside a verifiable zkRollup and you can withdraw your assets to the Layer 1 wallet at any time.
Liquidity Pools
Pool Structure
+The Mute Switch features a dynamic arrangement for Liquidity Pools, enabling the use of both Stable and Normal AMM curves.
+Stable Pool – Assets trading within a narrow price range (e.g., USDC/DAI)
+Normal Pool – Assets trading without correlation (e.g., ETH/WBTC)
+Both Normal and Stable pools can exist for the same assets, with the Mute Switch identifying the most favorable trade irrespective of pool variety.
For more: https://decentralised.news/mute-zkroll-up-defi-platform-review
