Zilliqa launches ZWAP management token and distributes 80% to | Top DeFi

Zilliqa launches ZWAP management token and distributes 80% to liquidity providers

The high performance blockchain team at Zilliqa (ZIL), ranked 55th by market capitalization, today, February 4, announced in an official tweet the launch of the ZilSwap community management token (ZWAP).

"Don't wait any longer, the official ZWAP token giveaway on ZilSwap has already started! Just connect your wallet to zilswap.io to view and claim ZWAP reward tokens. Want to add more liquidity? Visit ZilSwap's new "Pool Review" page!"

"ZWAP is designed to give control of ZilSwap to the community. 8,500 ZWAPs, equivalent to 20% of the ZWAP given out, are allocated to traders, and 34,000 ZWAPs, equivalent to 80%, will be paid out as rewards to users who have contributed liquidity," the post reads.