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ZKBase

ZKBase ZKB Price $ 0.0421

Rank: 1085

462 Watchlists

DeFi

ZKB Price

0.0421
1.92%
(-$ 0.000825)
Price Range
LowHigh
$ 0.0416$ 0.0432

ZKSpace (ZKS) has been rebranded to ZKBase (ZKB) and migrated from their old Ethereum contract to a new one. For more information please check the offical announcment: https://zkbaseofficial.medium.co...

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Funds and Backers

Description

ZKBase is an all-featured layer-2 platform based on ZK-Rollups

ZKBase (ZKB) Chart

ZKBase price Index provides the latest ZKB price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

ZKB to USD Converter

ZKBase (ZKB)ZKB

ZKB Price Statistics

leaderboard

Market Cap

$ 9.42M

Fully diluted value

FDV

$ 42.14M

ATH Market Cap

$ 1.70B

24 Trade Vol.

$ 2.64M


Vol. (24h) / MCap

0.280

Max Supply

ZKB 1,000,000,000

Total Supply

ZKB 598,008,483

Circulating Supply

ZKB 223.45M

(22.3% of Max Supply)

Listing Date

11 Jan 2021

All Time High

$ 10.50

25 Feb 2021


All Time Low

$ 0.0296

27 Apr 2024


From ATH

99.6%

From ATL

42.3%

What is ZKBase (ZKB)?

ZKBase is a Layer-2 protocol launched by L1 Labs. The project is based on ZK-Rollups technology and consists of a DEX, and other DeFi products. This includes offering NFT support. It aims to cater to the growing Total Value Locked of DeFi protocols that will require fast, frictionless, and trust-free services.

ZKBse leverages the technology of ZK-Rollups to facilitate the transfer of ERC20 tokens through Layer-2. This means that transactions can be real-time, incur zero gas fees, have unlimited scalability, and more.

What are ZKBase’s key features and how does it work?

ZKBase comprises several key products and features that make up the platform, and as mentioned, it uses ZK-Rollup technology. More specifically, it uses zero-knowledge proof technology in order to analyze and verify aggregated transactions through on-chain smart contracts. Transactions then get processed off-chain via the ZKSwap Server. This results in a highly scalable network capable of fast transaction speeds.

ZKBase primarily operates as DEX and offers several benefits over both centralized and other decentralized exchanges. Firstly, since it is decentralized, funds are in complete control of the holder and there is no centralized matching. Secondly, it hopes to improve upon the often complicated trading experience of decentralized exchanges. As such the ZKSwap DEX has low gas fees, fast transaction speeds, and offers real-time transactions.

ZKSea is the ecosystem’s NFT platform. Users can manage and handle NFTs using the waller. For example, users are able to mine NFTs with zero gas fees, trade, and transfer NFTs, as well as deposit and withdraw them. There is also an NFT Marketplace where users can view NFTs for sale. It is also a Layer-2 product based on ZKBase.

What is noteworthy about ZKBase?

The community governance on the platform consists of three core parts: portals, a forum, and a snapshot platform. Portals can be used to access details about community governance via APP, web browser, and the official website. Forums can be used by participants to discuss matters relating to network proposals, including content and implementation. The Snapshot platform allows users to submit proposals and vote on any governance issues.

In order to take part in ZKBase governance, users must hold gZKB tokens. At least 1 gZKB is required for a single vote and 50,000 or more for initiating proposals. In order to obtain gZKB, users must lock up ZKB in a 360-day Proof-of-Staking contract.

ZKBase Price Today

ZKBase's current price is $ 0.0421, it has dropped -1.92% over the past 24 hours.

ZKBase's All Time High (ATH) of $ 10.50 was reached on 25 Feb 2021, and is currently -99.6% down.

The current circulating supply of ZKBase is 223.45 Million tokens, and the maximum supply of ZKBase is 1.00 Billion.

ZKBase’s 24 hour trading volume is $ 2.64 Million.

ZKBase's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 9.42 Million.

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