Zycta Finance is a decentralized finance (DeFi) platform built on the ZkSync blockchain ecosystem
Overview of Zycta Finance
1/ WHAT IS ZYCTA FINANCE
Zycta Finance is a decentralized finance (DeFi) platform built on the ZkSync blockchain ecosystem. It provides a seamless and efficient decentralized exchange experience on the ZkSync network, which is a layer-2 solution for Ethereum. With Zycta Finance, users can experience smoother trading and earning processes, low-cost and user-friendly DeFi experiences while maintaining complete security
Zycta Finance offers exceptional capabilities and advantages such as increased scalability, reduced gas expenses, and higher yields through its next-generation multi-pool. It also has an IDO Launchpad that supports new blockchain projects, providing a seamless and secure experience for both investors and projects
2/ ZYCTA FINANCE FORESIGHT
Zycta Finance vision is to become a leading decentralized finance platform, providing innovative and user-friendly financial products and services that empower users to access financial opportunities in a secure and decentralized manner
To aim to constantly innovate and improve our technology, expand our user base, create strategic partnerships with other leading players in the DeFi space, and provide users with a seamless and rewarding experience while driving the adoption of decentralized finance
3/ Main Features
Trading
Zycta Finance DEX enables smooth token trading once liquidity is accessible. With a compatible EVM wallet, you can easily discover the broad array of cryptocurrencies on the zksync chain and make trades with just one click on Zycta Finance. Experience the ease of decentralized trading without intermediaries or complicated procedures, and enjoy instant trading convenience
SWAP
To begin a transaction on the Zycta Finance platform, users can select two tokens to exchange and indicate the desired amount. They can then initiate the transaction by clicking the ‘Swap’ button. If needed, users can also set up the slippage percentage. Once the transaction amount is entered, the platform will show the corresponding price and trading value. Users can access more information, such as price impact and related details, by clicking on the price bar.
PRICE IMPACT ON ZYCTA FINANCE
Zycta Finance is a decentralized exchange where the impact of a trade on the asset’s price is estimated based on the current state of the liquidity pool. When buying an asset, the demand for it increases, reducing available sell orders and driving up the price. Conversely, selling an asset creates a surplus of sell orders, leading to a decrease in price due to an excess of supply
Pool
MAXIMIZE THE BENEFITS OF YOUR ASSETS BY UTILIZING THEM EFFECTIVELY
Zycta Finance allows individuals to deposit tokens into liquidity pools and become liquidity providers, earning trading fees from the liquidity they provide.
LIQUIDITY TOKENWhen you add liquidity, you receive Liquidity Pool (LP) tokens, representing a proportional share of the pool reserves. These tokens can be exchanged for the underlying assets whenever you wish. All trades made through Zycta Finance will incur a trading fee
RISK
Impermanent loss occurs when the price of assets deposited in a liquidity pool changes after the deposit. The extent of the impermanent loss depends on the magnitude of the price change. Essentially, impermanent loss results in a decrease in the dollar value of the deposited assets at the time of withdrawal compared to their value at the time of deposit.
SUPPORTED POOL TOKENS
Aside Eth, Zycta Finance supports two types of tokens, USDC and ZFI. These tokens can also be traded on supported exchanges while eth will be used for transaction fee.
TREASURY
The Zycta finance experience team, thought of a better way to serve it’s investors and burst their confidence, so, we came up with a unique strategy that will keep the project Zycta finance going by providing a Treasury box. The treasury box houses 5% of her total supply and 1.5% of both buy and sell tax. The said percentage will be locked and unlocked per annual, Upon unlocking the token,1% will be sold and kept as reserve in USDC, reason for adopting this strategy, is for this tokens to take care of some unforeseen circumstances that may arise in the future or future development of the Zycta finance project.
4/ Tokenomics
Total Supply: 100M
Liquidity 35%
Public sale 25%
White list 10%
Farming 10%
Staking Pool 5%
Marketing 5%
Treasury 5%
Project Development 2%
Airdrop 2%
Team 1%
5/ Roadmap
First Quarter
Social media handles
Web Development
Launch pad and Dex Testnet
Launch pad and Dex Mainnet
Contract creation
Launch
Second Quarter
Marketing
Locker
Farming
Staking Pool
Contract Auditing
Partnership
Third Quarter
Multi-Chain Dex
Airdrop
More partnership
Fourth Quarter
Innovations
6/Social Media
Twitter : https://twitter.com/zyctafinance
Discord : https://discord.gg/cpX2Dwczxg
Website : https://home.zycta-finance.com/
Medium : https://medium.com/@zyctafinance
Telegram : https://t.me/zyctafinance & https://t.me/Zycta_Finance
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