🤝Governance via yZF

Voting empowers the zkSwap Finance community, allowing members to shape the platform's future direction. Your voice matters!

1. Governance Token & Voting Portal

Governance token: yZF at 0x056f1960b5CF53676AD9C0A7113363A812DC0c8e

Our voting portal: https://vote.zkswap.finance/. Within this portal, you'll find:

• Core Proposals: These represent zkSwap Finance team's official propositions. The team will use the results as a reference to decide on their implementation.

• Community Proposals: This is your platform! Share your innovative ideas and viewpoints. Our team carefully reviews and response every community vote, often incorporating fantastic ideas and designs with strong community support into future product releases and core voting proposals. Your input drives our development!

2. yZF - the staked ZF in the DAO Staking Pool

yZF is a token that represents voting power. Its quantity is determined by the amount of ZF deposited into the DAO Staking Pool by the user and technically represent your share of the pool.

Verified DAO Staking Pool Contract: 0x056f1960b5CF53676AD9C0A7113363A812DC0c8e

3. Why should you convert ZF to yZF?

• Participate in Governance: Vote and propose changes.

• Earn Staking Rewards: 5% of Total Supply for DAO Staking Pool

• Boost Swap to Earn

• Access the Syrup Pools

• Join special campaigns hosted by zkSwap Finance

• And more

4. How is yZF calculated?

You must stake ZF in the DAO Staking Pool to receive yZF.

When you stake ZF in the DAO Pool, you will receive yZF according to the formula below:

• Your yZF amount = (Your Staked ZF Amount * Total yZF Supply) / Total ZF in the DAO Pool

Example: let's assume User Bob wants to stake 20 ZF in the DAO Staking Pool.

• Before Staking: Bob has 20 ZF, 0 yZF

• After Staking: Bob has 0 ZF, 2 yZF

• So, Bob's share in the Pool is calculated as 2/12 * 100, which equals 16.67%.

Text	Before Staking	After Staking
Total ZF in DAO Pool	100	120
Total yZF Supply	10	12
Bob's ZF	20	0
Bob's yZF	0	2
Bob's Shares	0%	16.67%

5. How to Unstake ZF from DAO Staking Pool?

If you choose to unstake ZF from the DAO Staking Pool, you will incur a 1% unstake fee on the withdrawal amount. This fee will be automatically burned.

Example: You have 200 ZF in pool. If you unstake the maximum amount, you’ll receive 198 ZF, with a unstake fee of 2 ZF burned. If you unstake 100 ZF, you’ll receive 99 ZF, with a unstake fee of 1 ZF burned. Your remaining 100 ZF is still compounded in the pool.