Tutorial on 1:1 currency exchange operation between ZKS currency and ZKB currency

php editor Zimo will introduce to you the 1:1 currency exchange operation tutorial of ZKS currency to ZKB currency. ZKS Coin and ZKB Coin are virtual currencies with different uses and functions. By performing currency exchange operations, ZKS coins can be converted into ZKB coins to achieve conversion between different currencies. This tutorial will introduce in detail the steps and precautions for currency exchange to help users successfully complete the currency exchange operation so that they can better utilize and manage their virtual properties. Whether you are a newbie or a veteran, this tutorial can provide you with practical guidance and help, allowing you to better understand and use ZKS Coin and ZKB Coin. Let’s learn about the currency exchange operation together!

In order to better carry out product planning and fit in with the new brand ZKBase, we plan to start the exchange of ZKS tokens for the new token ZKB at 16:00 (UTC 8) on January 12, 2024 channel, the exchange ratio is 1:1. This initiative aims to provide existing ZKS holders with better investment options while promoting the development and market recognition of ZKBase.

Token Information

Old Token

Token Name: ZKSpace

Token Symbol: ZKS

Network: Ethereum Mainnet

Contract Address: 0xe4815AE53B124e7263F08dcDBBB757d41Ed658c6

Total Supply: 598M

New Token

Token Name: ZKBase

Token Symbol: ZKB

Network: Ethereum Mainnet

Contract Address: 0xBBBbbBBB46A1dA0F0C3F64522c275BAA4C332636

Total Supply: 600M (2M to be destroyed)

Currency Exchange Rules

ZKS Holding Someone can interact with the currency exchange smart contract through the front-end page we provide and exchange ZKS tokens for ZKB tokens at a ratio of 1:1. The converted ZKS will be transferred to the black hole address and destroyed.

We have deployed currency swap smart contracts on the Ethereum mainnet and zkSync Era, supporting currency swaps on both networks at the same time. ZKB in zkSync Era can cross-chain to the Ethereum mainnet through the zkSync Era bridge.

It is worth noting that HTX, Bitget and many other leading exchanges have announced support for currency swaps, and users do not need to manually withdraw coins for currency swap operations. The exchange will easily complete the currency swap process through the automatic snapshot mechanism, providing you with a convenient and efficient user experience.

Exchange Tutorial

Step1: Click here to enter the exchange page

Step2: Select the network used for exchange (Ethereum mainnet or zkSync Era ) and link the wallet

Step3: Authorize transfer permission to the currency exchange contract

Step4: Exchange ZKS for ZKB. Note that the ZKS balance displayed at this time is only the balance on the selected chain

Step5: Import ZKB into the wallet:

Method 1: Import in the exchange success window

Method 2: Import in the wallet interface (take Metamask as an example ) ZKB contract address:

0xBBBbbBBB46A1dA0F0C3F64522c275BAA4C332636

What’s next

We will launch ZKBSwap focusing on BRC20 token trading and become Our first step in exploring BTC Layer2 solutions. ZKB will also be upgraded to become the platform token of ZKBSwap. We will provide ERC20-BRC20 cross-chain solutions. ZKB holders can enjoy the ecological rights of ETH and BTC at the same time. In the future, 100% of the transaction fees obtained by the dual-chain platform will also continue Used to repurchase and destroy ZKB, and continuously empower ZKB holders. Stay tuned for more BRC20 ZKB token details.

If you have any questions, you can contact us on social media and communities, and learn about our latest developments.

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