🔁DEX

Syncera Swap will enable easy, efficient, quick, inexpensive, and secure trading of one token for another on zkSync through our automated liquidity pools. When using Syncera, you can trade without difficulty, with the assurance that you have authority over your assets and your transactions are safeguarded.

To make sure that there is sufficient liquidity available on the platform for seamless trading, we will motivate investors to supply liquidity by giving them a significant portion of the 0.50% trading fee each time someone exchanges their tokens on Syncera. Our method of providing liquidity rewards investors who offer it by allowing them to earn a proportionate share of the trading fees, regardless of whether they keep their LP tokens in their wallets or stake them in yield farms.

Automated Market Makers (AMMs) typically encounter three primary challenges, which are high fees when compared to centralized crypto exchanges, low liquidity, and high price slippage. The AMMs operating on the Ethereum blockchain may struggle in certain market conditions, resulting in exorbitant transaction fees, low liquidity, and high slippage. While other AMMs on the Binance Smart Chain (BSC) have lower costs and faster transaction speeds, they still face low liquidity and high price slippage due to the relatively new nature of the BSC public blockchain.

Syncera intends to tackle these challenges on zkSync by creating a novel type of AMM using cutting-edge technology to obtain the best possible pricing for cryptocurrency swaps. Our primary objective is to provide a top-tier cross-chain solution within the DeFi arena. As part of Syncera V2, we will introduce a bridge that facilitates the smooth transfer of tokenized assets between various blockchains for existing projects, platforms, and communities.