Over 16K ZKS Tokens Burnt in December

This post was originally published on zkswap

ZKSpace

Jan 7 · 1 min read

Hi, swappers!

We’ve just completed the ninth token burn scheme on January 7th, 2022, with a total of 16,555 ZKS burnt in the last month.

According to the ZKSwap economic whitepaper, 0.3% of all Layer2 swap transactions are charged as the transaction fee, of which 0.05% will be used as the protocol fee to regularly obtain ZKS, and the ZKS obtained will be directly destroyed. Going forward, we will carry out ZKS burning on a monthly basis and make corresponding announcements.

Click here to check out burning details.

Stay Tuned
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