Dear zkTube Users:
Since the launch of zkTube Mainnet, all work has been carried out according to plan, and we will continue to distribute rewards for early events, including ZKTC for the PayTube Wallet Public Beta Testing & ZKTT for the zkTube Mainnet Simulation Mining, and ZKTC and ZKTT swap contract addresses will be announced on September 30. Distribution rewards will be issued in stages, and users will get the swapped ZKTR at the Layer 2 address.
The details of the swap to ZKTR are as follows：
1. Exchange Rate:
ZKTC: ZKTR=100: 1
ZKTT: ZKTR=5: 1
2. Initial Swap Duration:
September 30th-October 30th
3. Swap Network:
ZKTC must be deposited to the zkTube Mainnet contract address
ZKTT must be deposited to the Rinkeby network contract address
4. Swap Details:
Users need to transfer ZKTC and ZKTT to the corresponding L1 swap contract address, swapped ZKTR will be issued to the L2 network address after October 30. After withdrawal, users can swap ZKTR to ZKT on a 1:1 basis according to the mapping process. In the first year, 1% will be released per week for the first eight weeks, and 2% will be released per month. In the second year, 3% of the remaining amount will be released every month; In the third year, 3% of the remaining amount will be released each month until the release is complete.
Thank you for your continued support！
September 27, 2021