✨Linea is the zk rollup developed by @ConsenSys for scaling Ethereum dapps.
With full compatibility with EVM and the tools you know and love (@MetaMask@infura_io@trufflesuite), it is developer ready for you to build on!
Check our ongoing Voyage👇
https://t.co/0XCdDu02CK
⚡️We have some exciting news to start the week!⚡️
⚡️The Price Recovery plan is ready!
💫We promised that all active 90d Vault #stakers will be incentivized to migrate from Vaults to $sZYB.
💫This is why we are Buying Back $10,000 worth of $ZYB from the market, converting it to sZYB, and airdropping it to all eligible 90d Vault users.
🪂 How to become eligible for the $sZYB #airdrop 🪂
Before 11.5.2023 23:59 UTC
👉 Have at least 100 ZYB Staked in 90d Vault
👉 Link: https://t.co/0B49iCtqkf
In 24h after the introduction of sZYB (coming soon)
👉 Convert all released ZYB from the 90d Vault to sZYB
👉 Allocate sZYB in Profit Sharing
👉 Link: The tutorial will be posted in time.
‼️ Remember, the airdrop amount will be proportional to the staked ZYB. The more you stake, the more airdrop you will receive.
Buy-Back proof: https://t.co/hOtFPsiFQK
⚡️Exit The Matrix With Zyberswap⚡️
🧐Let's take a closer look at another benefit that comes with $sZYB!
🗽 #Governance Voting 🗽
⚡️From the beginning, #Zyberswap has strived to be a fully Community Driven DEX. Even the recently proposed changes are a direct outcome of the feedback we received from our users.
However, until recently the Governance Voting was not so trivial.
✨Some members could trick the system and temporarily swap large portion of funds into ZYB, impact the vote and immediately dump ZYB. These types of "holders" should not be dictating the future of this project.
🔥With introduction of sZYB we are solving this problem!
👉 The holders of sZYB are the ones that are committed to this project and hence their voting power should be the greatest.
✅ Your voting power will increase in proportion to the amount of sZYB you hold!
🌐Exit the matrix with Zyberswap Today!
🪂 #Zyberswap's May Sprint for $1000 is LIVE 🪂
Rewards:
👉 TOP 100 Contestants will divide the $900
👉 Extra gifts from our Partners
👉 Special role Zyber Bull 🐂
👀 ONE LUCKY contestant that will complete at least 50% of all #Quests will be rewarded with $100
⌛ Only for a limited time, winners announced on 31st May 2023
⚔️ Join TODAY: https://t.co/6lHcE8yUwJ
#AIRDROP
📢 Sphinx 1.2 & CLI/GUI 1.2 are live
Important steps 🚨
For all users
➡️ Reset your MetaMask account nonce by going to: Settings > Advanced > Clear activity tab data
For all new & existing validators
➡️ Reinstall the validator by following these instructions: https://t.co/lOPXImYehJ
Sphinx 1.2 release includes:
👉 Fixes to node syncing issue
👉 Fixes to validator crash issue
👉 Improvements to RPC response time
👉 Node installer script now preserves existing settings
👉 Ability to use existing node config as default values when updating
👉 Internal & External IP address is now prompted during installation
👉 Passwords are now hashed immediately & never stored as plain text
CLI 1.2 release includes:
👉 Stake/Unstake command now prompts the user for private key
👉 IP address & Validator ports can no longer be changed from the CLI
GUI 1.2 release includes:
👉 Confirmation popup upon stopping an active validator
👉 Rate limiting for DoS attack protection
Let's #BuildWeb3 together 🚀
⚡️Hello #Zybernauts,
🧐In this post, we will try to answer the most common question revolving around Staked $ZYB.
✨How will holders of $sZYB make a profit?
📢 Before going further, let's first clear up a common misunderstanding regarding sZYB.
⚡️With the introduction of sZYB we are not "inventing" a new token. There is and always will be only one token - ZYB. You can look at sZYB as proof that your ZYB is actually staked and that you are trully invested in Zyberswap. Conversion between ZYB and sZYB will always be 1:1. However, the protocol earnings and other benefits will be available only for sZYB holders!
💫But what is the catch? Why would only sZYB holders get the benefits?
🔒 Good question. The answer is in vesting. Converting ZYB to sZYB is similar to locking ZYB in Vaults. Once you convert ZYB to sZYB you will have to wait a certain period of time before you will get 100% of ZYB back. However, this new model has significant improvement over the existing Vault model. Holders of sZYB will have an option of "emergency" conversion to ZYB before the vesting period ends. But there is a catch. If you decide to prematurely convert sZYB to ZYB you will not get 1:1 conversion rate, you will receive less ZYB. The difference will be burned! This will further benefit the protocol and price performance of ZYB token.
💰Sharing Protocol Earnings
🏦 You can imagine the sZYB as a share of #Zyberswap. Everyone that owns sZYB owns a percentage of the Zyberswap and is therefore entitled to the benefits offered on Zyberswap. Once you own sZYB, you get to fully experience all the perks of Zyberswap: Sharing Protocol Earnings is just one of them!
🧐The process of earning is quite simple, the more significant portion of Zyberswap you own, the more earnings you will get. In addition to receiving extra sZYB to your account, you will also get rewards from the Current Cycle Pair. This pair will change every month. For instance, in May, you will receive rewards in the form of ETH/USDC + sZYB, while the next month, the Cycle Pair will change to BTC/USDC + sZYB.
🔥Now you know, how the Protocol Earnings will be shared between sZYB holders. Keep tuned for next announcement, where next perk for sZYB holders will be explained: Launchpad Allocation.
Thanks,
The Zyberswap team 💚
💫We understand that the present performance of our native token falls short of expectations. However, our community's satisfaction is of utmost importance to us, and to that end, we have devised a solution to enhance the token's utility, which will ultimately lead to favorable price movements.
🔥We are thrilled to introduce - Staked ZYB (sZYB), a protocol profit-sharing and #governance token. The sZYB token is non-transferable and held in escrow. It can be obtained through vested, on-the-spot conversion from $ZYB.
✨️The introduction of sZYB is bringing significant modification to the current staking system - especially Vaults - which are becoming obsolete after the migration.
⚡️Benefits in comparison with the current Staking program:
👉 Lower Emissions
👉 Increased Burnings
👉 Seamless sharing of Protocol Earnings
👉 Positive ZYB Price Performance
👉 Higher APR for "Long Term Stakers"
👉 Increased Staking Options
👉 Possibility of "Early Withdrawal"
👉 Increased Governance Power for sZYB holders
👉 Exclusive #Launchpad Allocation for sZYB holders
⭐️The details regarding implementation and most importantly - the migration process - will be announced in the upcoming days.
❤️ All current Vault users will have the option for seamless migration. ❤️
🧐Stay tuned for more details!
The Zyberswap Team.
⚡️The #Zyberswap Community Is Having Electrifying Community Growth⚡️
⚡️Join the leading community #DEX on #Arbitrum now with over 35k followers on Twitter!⚡️
👇Exit The Matrix!👇
🤖Discord: https://t.co/HARdvZQ7ps
✨Telegram: https://t.co/G5Iv7zNB3n
💰$Zealy: https://t.co/LfVuJ1TJfi
🚨 zkSync integration with free MINT! 🚨
We're proud to announce integration with @zksync 🔥
Let's celebrate with FREE MINT! 😎
You can Mint here! 👇
https://t.co/oQPsQtYOtQ
ONE STEP CLOSER 🪂👀