ZKSwap and SofaSwap announce joint stacking According to a | NFT Token

ZKSwap and SofaSwap announce joint stacking

According to a joint official announcement from the two teams, ZKSwap (ZKS) and SofaSwap are about to launch a joint stacking program called Single Token Staking.

Through this program, SofaSwap users can launch basic token staking contracts (for Bitcoin (BTC), Ethereum (ETH), etc.) using ZKS, the main proprietary asset of the decentralized ZKSwap exchange.

When trading these contracts, any token (including ZKS) can be selected as a settlement instrument. To use an asset for settlement, a SofaSwap user must specify that it must be delivered by a Market Maker LP.

As the two teams emphasize in a statement, this collaboration will increase profits for traders, stakers and liquidity providers on SofaSwap.