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Gate.io has added ZKSwap (ZKS) margin trading (ZKS/USDT), allowing up to 3X leverage.
At the same time, margin lending and borrowing of the coin are
available. You can lend your ZKS to earn passive income (3.65%-365%
APR).
Margin trading allow long and
short positions and can facilitate price discovery as well as forming a
more stable market. As a trader, you can borrow ZKS to short it or
borrow USDT to long it. For holders, you can lend your ZKS to margin
traders to earn interest on your holdings.
The Gate.io lending market is a peer to peer market where all the loans
and borrowings are made between users. Gate.io does not participate in
lending or borrowing.
Trade ZKS at https://www.gate.io/margin_trade/ZKS_USDT
Borrow ZKS at https://www.gate.io/margin/borrow/ZKS_USDT
Lend ZKS at https://www.gate.io/margin/lend/ZKS
Deposit ZKS at https://www.gate.io/myaccount/deposit/ZKS
about ZKS
ZKSwap (a ZK-Rollups based Swap protocol) is a brand-new exchange proto- col based on ZK-Rollups technology. Through Zk-Rollups technology, all ERC20 tokens are transferred to Layer2, and the consistent state of Layer1 and Layer2 is guaranteed based on continuously generated zero-knowledge proofs. This so- lution allows all exchanges to ute on Layer 2, achieving real-time swap with zero gas fees, unlimited scalability, removing the constraint from the Ethereum’s TPS, and block confirmation time. The user no longer has to wait for the one- block confirmation time for each transaction. ZKSwap enables a DEX to provide the smooth user experience of a centralized exchange(CEX) while allowing the users to have full custody over their funds.