PANews reported on January 3 that SyncSwap announced the launch of version V3, introducing a new pool model, Range Pool, which features flexible liquidity provision management, custom price ranges, and excellent capital efficiency (up to 1,000 times that of Classic Pool). Version V3 also supports four pool models: Classic Pool (exchange of long-tail assets and MEME coins), Stable Pool (efficient exchange of stablecoins), Aqua Pool (efficient automated liquidity management), and Range Pool.
Range Pool is now live on the ZKSync network and will be gradually expanded to other networks in the future. SyncSwap will serve as the main liquidity center for ZKSync and participate in the ZKSync Ignite event launched next week, which will provide 300 million ZK rewards worth $57 million to incentivize liquidity providers.
SyncSwap said, "We are now closer to TGE than ever before," and promised that the tokens will be 100% owned by the community with no VC holdings.
