2024-05-09
Ekubo, is a decentralized exchange, built
on Starknet’s ZK-Rollup Ethereum layer-2. Ekubo's founder, Moody Salem, used to work at Uniswap as an engineer lead.
Ekubo is a decentralized exchange that
operates on the Starknet architecture, which is known for its focus on gas
efficiency.
This innovative platform is designed to
optimize token transfers and capital efficiency, offering users lower fees and
enhanced execution for swappers. With a reported 24-hour trading volume of
approximately $11.9 million and a diverse range of trading pairs.
The platform's commitment to reducing
costs is evident in its highly optimized contracts, specifically written for
the Starknet network.
The concept of an airdrop in the
cryptocurrency world refers to the free distribution of new tokens or coins,
usually as a means of promotion or to incentivize users.
On May 8, 2024, Ekubo posted on X to announce airdrop claim for EKUBO token.
EKUBO is a governance token for Ekubo platform. In order to vote on a proposal, users are required to stake their EKUBO tokens in the Staker.
Ekubo will be distributing 33.3% of
total supply to airdrops.
Ekubo's users claim tokens based on points earned. Users can claim Ekubo tokens at
app.ekubo.org/$EKUBO.
Ekubo currently has $44 million TVL. Ekubo is at the forefront of Starnet’s DeFi application.
