Zero Fee DeFi Protocol ZeroSwap To Launches its First IDO

ZeroSwap is a multi-chain DEX aggregator designed to meet all the future needs of DeFi. Moreover, it is envisioned to be a fully equipped platform to solve the stumbling blocks of existing decentralized exchanges (DEXs). ZeroSwap achieves this by enabling liquidity mining, DEX aggregation, and market-making suite in the DeFi space.

According to the official announcement, the platform is ready to launch the first IDO through ZeeDO, its DEX Offering platform. The first and the much-awaited Oddz Finance token IDO launch on ZeeDO is happening on 18 March 2021. This is a remarkable milestone for ZeroSwap as well as the DeFi space. Primarily, because ZeeDo enables fair, transparent, and completely decentralized token sale.

However, to participate in the $ODDZ token sale on ZeeDo, the users need to stake $ZEE, the native Zeroswap token. This gives $ZEE token holders exclusive access to the $ODDZ token sale. Furthermore, the minimum staking amount is 2500 $ZEE and this will earn participants one ticket.

In this public sale, 50K ODDZ will be distributed at a pre-decided price of 0.167 USDT. Moreover, the IDO will involve two staking chains, Ethereum and Binance Smart Chain. For the users who stake $ZEE BEP20 and $ZEE ERC20, the distribution will happen on Binance Smart Chain and Ethereum respectively. The interested participants can claim their tickets between 16 -18 March 2021.

Exceptional staking Rewards

$ZEE staking is a pre-requisite for participation in the IDO. Impressively, the $ZEE staking promises 64% APR for 90 days. However, the participants can un-stake their $ZEE within 48 hours and get their rewards and staked tokens back.

Fair and transparent $ODDZ distribution

The $ODDZ token IDO will announce 200 winners on an undisclosed date. Furthermore, to ensure the distribution is fair and transparent, ZeeDo will use a Chainlink-powered VRF randomizer to draw winning lottery tickets.

About ZeroSwap

ZeroSwap aims to make on-chain trading simple. Moreover, to achieve this, it offers easy access to Ethereum Chain, BSC, and many DEXes under a single UI. Along with that, the below-mentioned features place it as a DeFi leader among the existing protocols:

  1. Gasless Transactions – ZeroSwap design supports gas-less transactions for all on-chain trades and the addition or removal of liquidity.
  2. Zero-Fee — ZeroSwap will not charge any fee for trading or addition or removal of liquidity.
  3. Rewards — Every time the users make an on-chain trade or provide liquidity, they will earn rewards.
  4. DEX Aggregation — It will aggregate liquidity from all the existing protocols. As a result, will offer the best rates and profit maximization.
  5. Developer Friendly — With the ZeroSwap SDK, the developers can easily integrate ZeroSwap into their workflows.
ZEE Token Price

At the time of press, the price of ZEE is up by over 34%. According to Coingecko, the token is trading closer to $1.02 and seems to be primed for a greater price rally.



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